Funding you earn now, next payment 11:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Nado+0.069%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$130.125% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 7 days−0.122%−$12 · spread now +0.069%, 7d avg −0.036%
=Together, before fees−0.126%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$13 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: Lighter RH is 0.105% dearer against Nado than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.036%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XRP-PERP | 1.5284 | 0.0100 | pay 0.0012% / 1h | 45m 19s | $1.0M | $5.9M | 20x |
| Short | Lighter RH XRP | 1.5295 | 0.0096 | get 0.0012% / 1h | 45m 19s | $598K | $3.1M | 20x |
Nado XRP-PERP
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. 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: +0.069% → −0.036%
- $10.5
- Slippage, 4 orders
- −$5.54
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$2.88
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage from Nado: live order book, 7 min ago; Lighter RH: live order book, 6 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 Nado live order book, 7 min ago | 0.33 bp | 3.8 bp −$4 | 8.9 bp −$89 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 1.96 bp | 2.3 bp −$2 | 6.3 bp −$63 | 42.5 bp −$4,253 | 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 | 1.5356 | +0.468% | $5K | $4K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0062% | 1h | 1.5313 | +0.188% | $14.0M | $70.7M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5286 | +0.007% | $1.1M | $154K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5340 | +0.363% | $69K | $108K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5315 | +0.200% | $7.8M | $21.2M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5311 | +0.173% | $245K | — | 150x | as long as short |
| 01 Exchange XRPUSD | +0.0008% | 1h | 1.5291 | +0.043% | $9K | $987 | 10x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +1.802% | $2K | $107K | 30x | as long as short |
| SoDEX XRP-USD | +0.0060% | 1h | 1.5310 | +0.167% | $29K | $1.5M | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5290 | +0.036% | $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 XRPshort | +0.0096% | 1h | 1.5295 | +0.069% | $598K | $3.1M | 20x | |
| Paradex XRP-USD-PERP | +0.0099% | 8h | 1.5286 | +0.009% | $477K | $47K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0100% | 8h | 1.5284 | −0.003% | $10K | $399K | 20x | as long as short |
| Nado XRP-PERPlong | +0.0100% | 1h | 1.5284 | long leg | $1.0M | $5.9M | 20x | |
| Hyperliquid XRP | +0.0100% | 1h | 1.5298 | +0.085% | $297.8M | $267.0M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5282 | −0.016% | $39.2M | $81.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5289 | +0.027% | $590K | $1.0M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5283 | −0.011% | $532.7M | $2.08B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5283 | −0.010% | $360.5M | $886.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5280 | −0.029% | $124.5M | $832.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5279 | −0.036% | $562K | $36K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5292 | +0.049% | $164K | $682K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5314 | +0.194% | $1.6M | $26K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5286 | +0.010% | $380.0M | $156.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5281 | −0.023% | $308.6M | $891.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5286 | +0.007% | $105.0M | $181.7M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5283 | −0.010% | $271.2M | $356.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5283 | −0.010% | — | $99.5M | — | as long as short |
| Backpack XRP_USDC_PERP | +0.0100% | 1h | 1.5315 | +0.200% | $2.0M | $1.2M | 25x | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5309 | +0.158% | $5.0M | $38.2M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5313 | +0.189% | $665K | $109.9M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5321 | +0.237% | $1.1M | $30.5M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5317 | +0.213% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5291 | +0.042% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5284 | −0.003% | $52K | $474K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5283 | −0.011% | $41K | $65K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5283 | −0.010% | $83K | $613K | 50x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5316 | +0.208% | $128K | $1.5M | 30x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5300 | +0.103% | $49.9M | $14.1M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5312 | +0.180% | $54.6M | $33.3M | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5280 | −0.027% | $2.2M | $6.1M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5313 | +0.184% | $17K | $76K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5277 | −0.046% | $59K | $25K | 3x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0112% | 1h | 1.5308 | +0.154% | $5.5M | $43.9M | 50x | as long as short |
| Kalshi KXXRPPERP | +0.0135% | 8h | 1.5319 | +0.226% | $1.9M | $35.1M | 2.9x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0211% / S −0.0510% | 1h | 1.5283 | −0.007% | $822K | — | 200x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5315 | +0.200% | $23.9M | $78.1M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0223% | 1h | 1.5308 | +0.153% | $1.4M | $1K | 15x | as long as short |
| RISEx XRP/USDC | +0.0239% | 1h | 1.5291 | +0.044% | $513K | $736K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0443% | 1h | 1.5332 | +0.310% | $3K | $13K | 10x | as long as short |
Paradex XRP-USD-PERP
Katana Perps XRP-USD
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
KuCoin XRPUSDTM
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
Hibachi XRP/USDT-P
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