Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter RH−0.033%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$180.176% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days+0.092%+$9 · spread now −0.033%, 7d avg +0.020%
=Together, before fees+0.107%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.053% cheaper against Lighter RH than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5306 | 0.0096 | pay 0.0012% / 1h | 43m 45s | $598K | $3.1M | 20x |
| Short | KuCoin XRPUSDTM | 1.5301 | 0.0100 | get 0.0100% / 8h | 5h 43m | $105.2M | $181.8M | 75x |
Lighter RH XRP
KuCoin XRPUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.033% → +0.020%
- −$5.3
- Slippage, 4 orders
- −$5.55
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$22.01
- Costs to cover
- 0.176%
- Break-even
- 190.4 days
Slippage from Lighter RH: live order book, 3 min ago; KuCoin: live order book, 3 min ago.
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, 3 min ago | 1.63 bp | 1.6 bp −$2 | 4.7 bp −$47 | 39.6 bp −$3,957 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 0.03 bp | 7.2 bp −$7 | 15.9 bp −$159 | doesn't fit | doesn't fit |
XRP on 50 exchanges
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 | 1.5350 | +0.287% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5307 | +0.006% | $14.0M | $70.4M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5299 | −0.045% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5340 | +0.222% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5302 | −0.026% | $7.8M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5286 | −0.130% | $242K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0008% | 1h | 1.5278 | −0.183% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.659% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0081% | 1h | 1.5300 | −0.039% | $29K | $1.5M | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5302 | −0.025% | $2.8M | $14.1M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
01 Exchange XRPUSD
Injective XRP/USDC PERP
SoDEX XRP-USD
Lighter XRPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRPlong | +0.0096% | 1h | 1.5306 | long leg | $598K | $3.1M | 20x | |
| Hibachi XRP/USDT-P | +0.0096% | 1h | 1.5285 | −0.137% | $17K | $76K | 7x | as long as short |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5281 | −0.163% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5276 | −0.196% | $10K | $399K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5278 | −0.180% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5314 | +0.052% | $298.1M | $267.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5299 | −0.045% | $39.2M | $81.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5281 | −0.161% | $590K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5300 | −0.039% | $533.3M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5295 | −0.072% | $360.7M | $885.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5300 | −0.039% | $124.3M | $834.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5279 | −0.176% | $562K | $36K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5286 | −0.131% | $164K | $682K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5314 | +0.053% | $1.6M | $26K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5301 | −0.033% | $380.0M | $156.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5301 | −0.033% | $309.6M | $893.0M | 300x | as long as short |
| KuCoin XRPUSDTMshort | +0.0100% | 8h | 1.5301 | −0.033% | $105.2M | $181.8M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5303 | −0.020% | $271.5M | $356.4M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5301 | −0.033% | — | $99.5M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5316 | +0.065% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5309 | +0.017% | $5.0M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5313 | +0.049% | $665K | $109.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5321 | +0.096% | $1.1M | $30.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5317 | +0.072% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5288 | −0.116% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5286 | −0.131% | $52K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5291 | −0.096% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5300 | −0.039% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5301 | −0.031% | $128K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5298 | −0.052% | $49.9M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5310 | +0.026% | $54.6M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5294 | −0.076% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5293 | −0.082% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5302 | −0.026% | $5.5M | $43.7M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0134% | 8h | 1.5296 | −0.065% | $1.9M | $35.1M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0211% / S −0.0510% | 1h | 1.5283 | −0.148% | $822K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5281 | −0.163% | $23.9M | $78.0M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5279 | −0.177% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5285 | −0.139% | $513K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0450% | 1h | 1.5323 | +0.111% | $3K | $13K | 10x | as long as short |
Hibachi XRP/USDT-P
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
Bitget XRPUSDT
BingX XRP-USDT
Backpack XRP_USDC_PERP
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
SunX XRP-USDT
HTX XRP-USDT
Phemex XRPUSDT
Extended XRP-USD
Aevo XRP-PERP
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Aftermath Perps XRPUSD