Funding you earn now, next payment 00:00 UTC+0.0219%/8h= +23.9% APRnext payment +$2.19 per $10,000 · paid last 24h +0.022%
Price spread now: Kalshi against Aster0.000%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$280.276% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 7 days+0.086%+$9 · spread now 0.000%, 7d avg +0.043%
=Together, before fees+0.181%+ Points / potential airdropAster: Stage 5 · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kalshi is 0.043% cheaper against Aster than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.043%). If the spread goes back, that is −$4 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.095% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.095% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.19 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XRPUSDT | 1.5568 | 0.0100 | pay 0.0100% / 8h | 47m 21s | $39.5M | $79.9M | 100x |
| Short | Kalshi KXXRPPERP | 1.5568 | 0.0319 | get 0.0319% / 8h | 4h 47m | $1.9M | $33.8M | 2.9x |
Aster XRPUSDT
Kalshi KXXRPPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Aster. 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
- $45.9
- Price spread: 0.000% → +0.043%
- −$4.34
- Slippage, 4 orders
- −$9.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- $13.96
- Costs to cover
- 0.276%
- Break-even
- 4.9 days
Slippage from Aster: live order book, 2 min ago; Kalshi: live order book, 2 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 Aster live order book, 2 min ago | 0.64 bp | 4.6 bp −$5 | 5.0 bp −$50 | 12.8 bp −$1,282 | doesn't fit |
| Sell Kalshi live order book, 2 min ago | 2.24 bp | 9.2 bp −$9 | 11.9 bp −$119 | 19.0 bp −$1,896 | 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 | 1.5571 | +0.019% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5574 | +0.038% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5650 | +0.527% | $70K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5567 | −0.007% | $260K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0106% | 1h | 1.5568 | +0.001% | $856K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0007% | 1h | 1.5576 | +0.051% | $9.7M | $25.4M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0031% | 1h | 1.5584 | +0.102% | $15.6M | $68.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0056% | 8h | 1.5570 | +0.013% | $77K | $909K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | −0.051% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5584 | +0.102% | $3.0M | $12.5M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Orderly PERP_XRP_USDC
Injective XRP/USDC PERP
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5586 | +0.116% | $444K | $3.1M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5571 | +0.016% | $1.1M | $5.4M | 20x | as long as short |
| Aster XRPUSDTlong | +0.0100% | 8h | 1.5568 | long leg | $39.5M | $79.9M | 100x | |
| Pacifica XRP | +0.0100% | 1h | 1.5579 | +0.068% | $641K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5569 | +0.006% | $557.5M | $2.01B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5568 | 0.000% | $346.3M | $912.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5569 | +0.006% | $127.2M | $889.7M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5568 | 0.000% | $582K | $42K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5572 | +0.026% | $117K | $752K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5633 | +0.418% | $1.7M | $573K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5562 | −0.039% | $371.9M | $143.2M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5570 | +0.013% | $300.9M | $866.6M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5565 | −0.021% | $113.3M | $162.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5573 | +0.032% | $272.3M | $369.7M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5565 | −0.019% | — | $3.7M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5634 | +0.421% | $11.7M | $30.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5593 | +0.160% | $677K | $103.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5605 | +0.238% | $1.1M | $40.9M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5640 | +0.462% | $1.0M | $887K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5569 | +0.005% | — | $10K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5570 | +0.013% | $48K | $453K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5571 | +0.019% | $42K | $67K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5573 | +0.034% | $838K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5578 | +0.063% | $131K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5579 | +0.071% | $30K | $1.9M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5567 | −0.010% | $51.1M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5580 | +0.077% | $55.4M | $29.3M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5570 | +0.011% | $485K | $54K | 50x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5574 | +0.039% | $13K | $266K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5570 | +0.011% | $2.1M | $7.1M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5575 | +0.042% | $73K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5571 | +0.019% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5562 | −0.041% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5585 | +0.109% | $24.5M | $74.5M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5588 | +0.128% | $5.9M | $47.7M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5580 | +0.080% | $18K | $82K | 7x | as long as short |
| Kalshi KXXRPPERPshort | +0.0319% | 8h | 1.5568 | 0.000% | $1.9M | $33.8M | 2.9x | |
| Backpack XRP_USDC_PERP | +0.0383% | 1h | 1.5583 | +0.096% | $1.7M | $1.0M | 25x | as long as short |
| Hyperliquid XRP | +0.0601% | 1h | 1.5586 | +0.116% | $297.0M | $208.6M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5579 | +0.068% | $508K | $632K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0831% | 1h | 1.5606 | +0.244% | $1K | $11K | 10x | as long as short |
Lighter RH XRP
Nado XRP-PERP
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-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Katana Perps XRP-USD
Extended XRP-USD
Aevo XRP-PERP
01 Exchange XRPUSD
Reya XRPRUSDPERP
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Hibachi XRP/USDT-P
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD