XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%

Price spread now: Lighter against 01 Exchange−0.138%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.138% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.138% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 14 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange XRPUSD	1.5184	0.0064	pay 0.0008% / 1h	40m 14s	$8K	$8K	10x
Short	Lighter XRP	1.5163	0.0096	get 0.0012% / 1h	40m 14s	$2.8M	$14.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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

Position, each leg$Hold fordaysFee 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.138%Rate

Funding earned: $6.72
Price spread: −0.138% → 0.000%: −$13.77
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$14.05
Costs to cover: 0.070%
Break-even: 21.6 days

Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 13 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 13 min ago	0.84 bp	1.8 bp −$2	7.1 bp −$71	17.0 bp −$1,704	39.5 bp −$19.7K

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5179	−0.033%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0071%	1h	1.5162	−0.148%	$14.3M	$73.8M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5172	−0.077%	$1.1M	$114K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	−0.224%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5165	−0.125%	$253K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.476%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0039% / S +0.0030%	1h	1.5168	−0.108%	$789K	—	200x	as long as short
01 Exchange XRPUSDlong	+0.0064%	1h	1.5184	long leg	$8K	$8K	10x
Orderly PERP_XRP_USDC	+0.0080%	8h	1.5168	−0.105%	$62K	$935K	50x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5170	−0.092%	$7.7M	$25.6M	50x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XRPshort	+0.0096%	1h	1.5163	−0.138%	$2.8M	$14.6M	20x
Lighter RH XRP	+0.0096%	1h	1.5165	−0.125%	$510K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0097%	8h	1.5171	−0.086%	$10K	$321K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5177	−0.043%	$1.0M	$5.9M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5184	0.000%	$281.9M	$225.5M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5178	−0.039%	$38.4M	$83.2M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5181	−0.023%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5166	−0.117%	$534.4M	$2.11B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5165	−0.125%	$345.1M	$931.7M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5170	−0.092%	$126.1M	$875.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5133	−0.336%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5121	−0.415%	$113K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5146	−0.252%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5172	−0.079%	$370.5M	$153.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5175	−0.059%	$289.9M	$897.0M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5179	−0.032%	$108.2M	$173.7M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5166	−0.119%	$268.0M	$384.0M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5168	−0.105%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5148	−0.239%	$5.4M	$37.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5151	−0.216%	$658K	$108.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	−0.303%	$1.1M	$35.4M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5142	−0.277%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5171	−0.085%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5178	−0.040%	$43K	$452K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5170	−0.092%	$41K	$68K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5170	−0.094%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5169	−0.096%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5166	−0.119%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5159	−0.167%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5159	−0.165%	$54.1M	$30.5M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5178	−0.037%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5165	−0.128%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5170	−0.094%	$58K	$25K	3x	as long as short
Backpack XRP_USDC_PERP	+0.0164%	1h	1.5170	−0.092%	$1.9M	$1.3M	25x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5149	−0.230%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0192%	1h	1.5174	−0.066%	$5.6M	$47.2M	50x	as long as short
Reya XRPRUSDPERP	+0.0216%	1h	1.5171	−0.085%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5159	−0.165%	$24.2M	$76.1M	125x	as long as short
Kalshi KXXRPPERP	+0.0316%	8h	1.5174	−0.066%	$2.1M	$34.4M	2.9x	as long as short
RISEx XRP/USDC	+0.0352%	1h	1.5184	+0.001%	$517K	$780K	10x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5154	−0.197%	$2K	$15K	10x	as long as short