Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Ondo Perps+0.072%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now +0.072%, 7d avg +0.060%
Together, before fees+0.075%+ Points / potential airdropOndo Perps: Active · Lighter RH: Points live · farm board+$7 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps XRP-USD.P1.51900.0100pay 0.0013% / 1h58m 04s$567K$27K5x
ShortLighter RH XRP1.52010.0096get 0.0012% / 1h58m 04s$507K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Ondo Perps. 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

Funding earned
−$0.84
Price spread: +0.072% → +0.060%
$1.25
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$4.59
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter RH: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Lighter RH live order book, 5 min ago1.31 bp1.3 bp −$15.8 bp −$5840.2 bp −$4,017doesn't fit
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5181−0.059%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5165−0.162%$1.1M$116K10xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5188−0.013%$254K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0020% / S +0.0069%1h1.5194+0.024%$834K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.436%$2K$107K30xas long as short
Kraken Futures PF_XRPUSD+0.0040%1h1.5194+0.024%$14.2M$70.5M50xas long as short
Orderly PERP_XRP_USDC+0.0066%8h1.5198+0.053%$57K$935K50xas long as short
01 Exchange XRPUSD+0.0080%1h1.5214+0.158%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5200+0.063%$2.8M$14.0M20xas long as short
Lighter RH XRPshort+0.0096%1h1.5201+0.072%$507K$3.2M20x
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5207+0.112%$11K$288K20xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5186−0.024%$473K$55K50xas long as short
Nado XRP-PERP+0.0100%1h1.5220+0.198%$923K$5.7M20xas long as short
Aster XRPUSDT+0.0100%8h1.5196+0.038%$38.4M$83.6M100xas long as short
Pacifica XRP+0.0100%1h1.5177−0.087%$616K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5199+0.061%$536.0M$2.07B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5203+0.086%$339.1M$925.0M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5202+0.079%$122.6M$866.1M100xas long as short
Ondo Perps XRP-USD.Plong+0.0100%1h1.5190long leg$567K$27K5x
Arcus XRP-USD+0.0100%1h1.5206+0.105%$115K$713K20xas long as short
Bulk XRP-USD+0.0100%1h1.5350+1.051%$1.7M$327K20xas long as short
Gate XRP_USDT+0.0100%8h1.5198+0.053%$367.6M$147.2M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5199+0.059%$296.6M$886.9M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5196+0.041%$109.1M$168.5M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5202+0.079%$266.3M$378.6M125xas long as short
BingX XRP-USDT+0.0100%8h1.5206+0.105%$125.9Mas long as short
Variational Omni XRP+0.0100%8h1.5216+0.170%$6.4M$35.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5260+0.459%$663K$107.0M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5199+0.062%$1.1M$37.9M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5252+0.408%$1.2M$999K50xas long as short
Vest XRP-PERP+0.0100%1h1.5213+0.150%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5215+0.165%$44K$449K20xas long as short
Bullet XRP-USD+0.0100%1h1.5203+0.088%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5195+0.036%$818K$74K10xas long as short
SunX XRP-USDT+0.0100%8h1.5205+0.095%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5196+0.039%$29K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5202+0.080%$49.8M$15.4M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5196+0.039%$53.9M$29.4M50xas long as short
Extended XRP-USD+0.0104%1h1.5198+0.051%$2.1M$7.1M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5198+0.051%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0145%1h1.5198+0.053%$9.2M$24.6M50xas long as short
Hyperliquid XRP+0.0194%1h1.5208+0.118%$283.1M$220.1M20xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5211+0.140%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5197+0.046%$5.7M$46.3M50xas long as short
BloFin XRP-USDT+0.0220%8h1.5226+0.237%$24.1M$74.0M125xas long as short
Hibachi XRP/USDT-P+0.0312%1h1.5221+0.205%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0324%8h1.5201+0.072%$2.0M$34.9M2.9xas long as short
RISEx XRP/USDC+0.0456%1h1.5206+0.105%$537K$777K10xas long as short
Phoenix XRP+0.0520%1h1.5240+0.329%$68K$110K15xas long as short
Backpack XRP_USDC_PERP+0.0522%1h1.5212+0.145%$1.9M$1.3M25xas long as short
Aftermath Perps XRPUSD+0.0827%1h1.5257+0.443%$2K$13K10xas long as short