Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter RH against OKX+0.020%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.155% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now +0.020%, 7d avg −0.009%
=Together, before fees−0.062%+ Points / potential airdropLighter RH: Points live · farm board−$6 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 0.029% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XRP-USDT-SWAP | 1.5007 | 0.0100 | pay 0.0100% / 8h | 2h 24m | $124.5M | $877.6M | 100x |
| Short | Lighter RH XRP | 1.5010 | 0.0096 | get 0.0012% / 1h | 24m 13s | $543K | $3.3M | 20x |
OKX XRP-USDT-SWAP
Lighter RH XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against OKX. 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: +0.020% → −0.009%
- $2.94
- Slippage, 4 orders
- −$5.51
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.41
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Lighter RH: live order book, 4 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 OKX live order book, 5 min ago | 0.33 bp | 5.3 bp −$5 | 5.8 bp −$58 | 14.0 bp −$1,403 | 34.6 bp −$17.3K |
| Sell Lighter RH live order book, 4 min ago | 1.00 bp | 2.7 bp −$3 | 4.9 bp −$49 | 44.2 bp −$4,424 | doesn't fit |
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 | 1.4997 | −0.067% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5010 | +0.022% | $14.1M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.4997 | −0.065% | $1.1M | $130K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.4980 | −0.180% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5000 | −0.047% | $243K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +3.685% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.4998 | −0.058% | $788K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5005 | −0.013% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5010 | +0.023% | $2.8M | $15.0M | 20x | as long as short |
| Lighter RH XRPshort | +0.0096% | 1h | 1.5010 | +0.020% | $543K | $3.3M | 20x |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.4990 | −0.113% | $10K | $362K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5000 | −0.043% | $953K | $6.3M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5019 | +0.080% | $286.4M | $261.7M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5006 | −0.005% | $38.2M | $87.3M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5002 | −0.033% | $600K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5010 | +0.019% | $521.5M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5006 | −0.007% | $341.6M | $964.7M | 100x | as long as short |
| OKX XRP-USDT-SWAPlong | +0.0100% | 8h | 1.5007 | long leg | $124.5M | $877.6M | 100x | |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.4996 | −0.073% | $556K | $31K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5000 | −0.047% | $143K | $719K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5027 | +0.133% | $1.6M | $4K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5006 | −0.007% | $368.4M | $159.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5008 | +0.007% | $278.1M | $919.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5006 | −0.004% | $104.7M | $181.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5004 | −0.020% | $263.5M | $397.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5000 | −0.047% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.4960 | −0.313% | $4.7M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.4951 | −0.371% | $649K | $112.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5001 | −0.042% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.4945 | −0.413% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5001 | −0.040% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5003 | −0.027% | $51K | $489K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5000 | −0.047% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5005 | −0.013% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5004 | −0.018% | $807K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5004 | −0.017% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5010 | +0.020% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5007 | −0.003% | $49.0M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5003 | −0.027% | $53.5M | $32.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5012 | +0.031% | $468K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5002 | −0.031% | $1.9M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5005 | −0.010% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERP | +0.0148% | 8h | 1.4999 | −0.053% | $1.7M | $35.8M | 2.9x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0150% | 1h | 1.5012 | +0.033% | $7.6M | $25.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0165% | 1h | 1.5017 | +0.067% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5014 | +0.047% | $5.5M | $48.2M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0200% | 1h | 1.4994 | −0.088% | $17K | $82K | 7x | as long as short |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.4997 | −0.065% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.4995 | −0.080% | $23.3M | $76.3M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.4999 | −0.052% | $515K | $784K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0616% | 1h | 1.5002 | −0.031% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
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
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Kalshi KXXRPPERP
Deribit XRP_USDC-PERPETUAL
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD