Funding you earn now, next payment 10:00 UTC+0.0176%/8h= +19.2% APRnext payment +$0.22 per $10,000 · paid last 24h +0.114%
Price spread now: RISEx against Lighter RH−0.101%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$130.135% of the position
Funding, last 4 days (all we have)+0.346%+$35 on $10k
+Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.101%, 7d avg +0.037%
=Together, before fees+0.515%+ Points / potential airdropLighter RH: Points live · farm board+$52 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.138% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of +0.037%). If the spread goes back, that is −$14 on $10k: about 2.6 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH XRP | 1.5425 | 0.0096 | pay 0.0012% / 1h | 3m 47s | $608K | $3.1M | 20x |
| Short | RISEx XRP/USDC | 1.5409 | 0.0272 | get 0.0034% / 1h | 3m 47s | $514K | $782K | 10x |
Lighter RH XRP
RISEx XRP/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- $36.87
- Price spread: −0.101% → +0.037%
- −$13.85
- Slippage, 4 orders
- −$7.48
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $9.54
- Costs to cover
- 0.135%
- Break-even
- 5.2 days
Slippage from Lighter RH: live order book, 3 min ago; RISEx: live order book, 48 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 | 1.62 bp | 1.6 bp −$2 | 4.2 bp −$42 | 43.4 bp −$4,338 | doesn't fit |
| Sell RISEx live order book, 48 min ago | 1.60 bp | 4.6 bp −$5 | 10.6 bp −$106 | 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 | 1.5414 | −0.071% | $5K | $4K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5402 | −0.147% | $1.1M | $155K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5419 | −0.039% | $7.9M | $21.7M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5416 | −0.060% | $246K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0015% | 1h | 1.5415 | −0.062% | $14.2M | $72.1M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +0.875% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0048% | 1h | 1.5404 | −0.136% | $9K | $1K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5420 | −0.031% | $2.8M | $14.5M | 20x | as long as short |
| Lighter RH XRPlong | +0.0096% | 1h | 1.5425 | long leg | $608K | $3.1M | 20x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5399 | −0.166% | $480K | $47K | 50x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
Lighter XRP
Paradex XRP-USD-PERPShow all 50 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5398 | −0.175% | $10K | $399K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5406 | −0.126% | $1.0M | $5.9M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5432 | +0.045% | $300.8M | $267.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5420 | −0.032% | $39.6M | $81.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5407 | −0.119% | $593K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5422 | −0.019% | $537.5M | $2.09B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5423 | −0.013% | $363.9M | $894.2M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5418 | −0.045% | $125.4M | $845.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5398 | −0.175% | $565K | $37K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5411 | −0.091% | $166K | $683K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5424 | −0.006% | $383.0M | $161.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5422 | −0.019% | $317.5M | $922.0M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5424 | −0.008% | $107.1M | $181.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5417 | −0.052% | $273.4M | $358.6M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5422 | −0.019% | — | $103.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5394 | −0.202% | $5.1M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5372 | −0.341% | $683K | $110.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5414 | −0.071% | $1.1M | $31.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5368 | −0.370% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5408 | −0.108% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5406 | −0.123% | $53K | $476K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5407 | −0.117% | $42K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5416 | −0.058% | $76K | $607K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5416 | −0.056% | $129K | $1.5M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5414 | −0.071% | $32K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5402 | −0.146% | $50.2M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5415 | −0.065% | $55.0M | $33.3M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5369 | −0.362% | $1.6M | $25K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5417 | −0.055% | $2.2M | $6.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5409 | −0.104% | $59K | $25K | 3x | as long as short |
| Hibachi XRP/USDT-P | +0.0120% | 1h | 1.5412 | −0.085% | $17K | $76K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0120% | 1h | 1.5417 | −0.052% | $5.5M | $45.3M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0145% | 8h | 1.5409 | −0.104% | $1.9M | $34.6M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0164% / S −0.0349% | 1h | 1.5419 | −0.037% | $611K | — | 200x | as long as short |
| Backpack XRP_USDC_PERP | +0.0197% | 1h | 1.5430 | +0.032% | $2.0M | $1.2M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5391 | −0.220% | $23.8M | $78.9M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5404 | −0.136% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDCshort | +0.0272% | 1h | 1.5409 | −0.101% | $514K | $782K | 10x | |
| Aftermath Perps XRPUSD | +0.0440% | 1h | 1.5396 | −0.189% | $3K | $14K | 10x | as long as short |
| Phoenix XRP | +0.0516% | 1h | 1.5410 | −0.097% | $69K | $109K | 15x | as long as short |
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
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
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
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Bulk XRP-USD
Extended XRP-USD
Aevo XRP-PERP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Kalshi KXXRPPERP
GMX XRP/USD [ETH-USDC]
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
Aftermath Perps XRPUSD
Phoenix XRP