XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%

Price spread now: Derive against Lighter RH−0.004%7-day average −0.007% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Derive

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 3 days (all we have)−0.100%−$10 · spread now −0.004%, 7d avg −0.007%

Together, before fees+0.010%+ Points / potential airdropLighter RH: Points live · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH XRP	1.5258	0.0096	pay 0.0012% / 1h	1m 31s	$509K	$3.3M	20x
Short	Derive XRP-PERP	1.5257	0.0100	get 0.0013% / 1h	1m 31s	$821K	$74K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Lighter RH. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Lighter RHbpFee DerivebpOrdersPrice spread, now −0.004%Rate

Funding earned: $0.84
Price spread: −0.004% → −0.007%: $0.29
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Derive: 3 bp × 2 orders: −$6
Net: −$4.87
Costs to cover: 0.060%
Break-even: 47.6 days

Slippage unknown: Lighter RH: live order book, 2 min ago; Derive: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter RH live order book, 2 min ago	1.31 bp	3.0 bp −$3	8.9 bp −$89	46.5 bp −$4,651	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5246	−0.079%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5244	−0.091%	$1.1M	$116K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5246	−0.076%	$255K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0012%	1h	1.5249	−0.059%	$9.2M	$24.5M	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0019% / S +0.0071%	1h	1.5246	−0.077%	$835K	—	200x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+1.979%	$2K	$107K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0065%	8h	1.5254	−0.026%	$57K	$935K	50x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5234	−0.157%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5250	−0.052%	$2.8M	$14.1M	20x	as long as short
Lighter RH XRPlong	+0.0096%	1h	1.5258	long leg	$509K	$3.3M	20x

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	1.5227	−0.203%	$9K	$282K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5241	−0.113%	$475K	$55K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5253	−0.033%	$1.0M	$5.6M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5243	−0.101%	$38.5M	$83.4M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5251	−0.048%	$627K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5231	−0.178%	$537.1M	$2.06B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5222	−0.236%	$339.8M	$920.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5238	−0.131%	$123.1M	$864.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5215	−0.282%	$567K	$42K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5240	−0.118%	$115K	$714K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5350	+0.601%	$1.7M	$327K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5237	−0.138%	$367.0M	$153.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5240	−0.118%	$302.2M	$918.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5253	−0.033%	$110.5M	$167.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5233	−0.164%	$267.1M	$376.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5233	−0.164%	—	$125.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5315	+0.371%	$6.5M	$35.6M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5260	+0.012%	$663K	$107.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5328	+0.457%	$1.1M	$37.7M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5252	−0.039%	$1.2M	$999K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5247	−0.070%	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5249	−0.059%	$45K	$448K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5250	−0.050%	$41K	$67K	20x	as long as short
Derive XRP-PERPshort	+0.0100%	1h	1.5257	−0.004%	$821K	$74K	10x
SunX XRP-USDT	+0.0100%	8h	1.5256	−0.010%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5243	−0.098%	$29K	$1.8M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5240	−0.118%	$50.0M	$15.4M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5251	−0.046%	$54.1M	$29.5M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5229	−0.191%	$2.1M	$7.1M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5253	−0.032%	$59K	$25K	3x	as long as short
Reya XRPRUSDPERP	+0.0214%	1h	1.5242	−0.104%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5232	−0.170%	$24.0M	$73.7M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0224%	1h	1.5248	−0.066%	$5.7M	$46.4M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0245%	1h	1.5242	−0.103%	$14.3M	$70.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0302%	1h	1.5254	−0.026%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0312%	1h	1.5315	+0.376%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERP	+0.0322%	8h	1.5257	−0.007%	$2.0M	$34.8M	2.9x	as long as short
Hyperliquid XRP	+0.0361%	1h	1.5264	+0.039%	$287.5M	$215.8M	20x	as long as short
Phoenix XRP	+0.0520%	1h	1.5330	+0.472%	$68K	$110K	15x	as long as short
RISEx XRP/USDC	+0.0828%	1h	1.5236	−0.143%	$539K	$777K	10x	as long as short
Aftermath Perps XRPUSD	+0.0851%	1h	1.5311	+0.347%	$2K	$13K	10x	as long as short