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

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRnext payment $0.09 per $10,000 · paid last 24h −0.015%
Price spread now: Lighter RH against 01 Exchange+0.013%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
Long01 Exchange XRPUSD1.53380.0168pay 0.0021% / 1h14m 30s$8K$8K10x
ShortLighter RH XRP1.53400.0096get 0.0012% / 1h14m 30s$477K$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
−$15.12
Price spread: +0.013% → 0.000%
$1.3
Slippage, 4 orders
no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$20.82
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: 01 Exchange: no order-book sample; Lighter RH: live order book, 4 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 01 Exchange no order-book sample
Sell Lighter RH live order book, 4 min ago1.63 bp1.7 bp −$24.4 bp −$4437.3 bp −$3,731doesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5339+0.007%$7K$2K20xas long as short
dYdX XRP-USD0.0000%1h1.5335−0.020%$1.1M$113K10xas long as short
Phoenix XRP0.0000%1h1.5370+0.209%$68K$90K15xas long as short
Deribit XRP_USDC-PERPETUAL0.0000%1h1.5339+0.007%$9.4M$25.6M50xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5336−0.013%$266K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0006% / S +0.0094%1h1.5338−0.001%$843K200xas long as short
Kraken Futures PF_XRPUSD+0.0032%1h1.5335−0.017%$14.9M$69.8M50xas long as short
Orderly PERP_XRP_USDC+0.0059%8h1.5339+0.007%$75K$910K50xas long as short
Injective XRP/USDC PERP+0.0089%1h1.5560+1.447%$2K$107K30xas long as short
Lighter XRP+0.0096%1h1.5339+0.004%$3.0M$13.3M20xas long as short
Show all 51 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH XRPshort+0.0096%1h1.5340+0.013%$477K$3.2M20x
Nado XRP-PERP+0.0100%1h1.5336−0.010%$1.1M$5.5M20xas long as short
Aster XRPUSDT+0.0100%8h1.5336−0.016%$38.8M$81.8M100xas long as short
Pacifica XRP+0.0100%1h1.5339+0.007%$631K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5332−0.040%$544.7M$2.05B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5332−0.039%$341.6M$925.5M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5334−0.026%$125.1M$879.1M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5350+0.078%$571K$41K5xas long as short
Arcus XRP-USD+0.0100%1h1.5337−0.007%$116K$756K20xas long as short
Bulk XRP-USD+0.0100%1h1.5373+0.225%$1.7M$571K20xas long as short
Gate XRP_USDT+0.0100%8h1.5335−0.020%$360.9M$148.3M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5336−0.013%$297.7M$890.7M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5334−0.027%$109.7M$165.7M75xas long as short
Bitget XRPUSDT+0.0100%8h1.5332−0.039%$267.8M$376.1M125xas long as short
BingX XRP-USDC+0.0100%8h1.5333−0.033%$3.7Mas long as short
Variational Omni XRP+0.0100%8h1.5350+0.080%$11.4M$30.6Mas long as short
edgeX XRPUSDC+0.0100%4h1.5344+0.037%$666K$105.5M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5353+0.098%$1.1M$40.4M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5336−0.013%$1.0M$901K50xas long as short
Vest XRP-PERP+0.0100%1h1.5336−0.011%$10K10xas long as short
Polymarket Perps XRP-USD+0.0100%1h1.5335−0.020%$47K$455K20xas long as short
Bullet XRP-USD+0.0100%1h1.5343+0.030%$41K$69K20xas long as short
Derive XRP-PERP+0.0100%1h1.5340+0.011%$826K$81K10xas long as short
SunX XRP-USDT+0.0100%8h1.5354+0.104%$129K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5337−0.007%$31K$1.8M10xas long as short
HTX XRP-USDT+0.0100%8h1.5344+0.036%$50.4M$15.5M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5341+0.020%$54.6M$29.5M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5341+0.018%$478K$54K50xas long as short
Katana Perps XRP-USD+0.0101%8h1.5334−0.026%$10K$270K20xas long as short
Extended XRP-USD+0.0104%1h1.5327−0.074%$2.1M$7.2M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5335−0.022%$71K$40K3xas long as short
01 Exchange XRPUSDlong+0.0168%1h1.5338long leg$8K$8K10x
Reya XRPRUSDPERP+0.0212%1h1.5331−0.047%$1.4M$8K15xas long as short
BloFin XRP-USDT+0.0220%8h1.5345+0.046%$24.2M$74.7M125xas long as short
Coinbase International XRP-PERP-INTX+0.0224%1h1.5343+0.033%$5.8M$47.1M50xas long as short
Backpack XRP_USDC_PERP+0.0256%1h1.5345+0.046%$1.7M$1.0M25xas long as short
Hibachi XRP/USDT-P+0.0288%1h1.5353+0.100%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0310%8h1.5364+0.170%$2.0M$34.5M2.9xas long as short
Hyperliquid XRP+0.0580%1h1.5351+0.085%$291.7M$214.9M20xas long as short
RISEx XRP/USDC+0.0761%1h1.5338−0.002%$499K$705K10xas long as short
Aftermath Perps XRPUSD+0.0790%1h1.5364+0.167%$1K$11K10xas long as short