XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.2% APRnext payment +$1.12 per $10,000 · paid last 24h +0.037%

Price spread now: Kalshi against Binance+0.162%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$17as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Binance Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.137%+$14 on $10k

Price spread, last 7 days−0.091%−$9 · spread now +0.162%, 7d avg +0.045%

Together, before fees+0.046%+$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.118% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XRPUSDT	1.5128	0.0100	pay 0.0100% / 8h	1h 54m	$527.8M	$2.22B	100x
Short	Kalshi KXXRPPERP	1.5153	0.0212	get 0.0212% / 8h	5h 54m	$1.8M	$35.4M	2.9x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Binance. 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 BinancebpFee KalshibpOrdersPrice spread, now +0.162%Rate

Funding earned: $23.45
Price spread: +0.162% → +0.045%: $11.77
Slippage, 4 orders: −$8.71
Fee Binance: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: $6.51
Costs to cover: 0.287%
Break-even: 5.1 days

Slippage from Binance: live order book, 4 min ago; Kalshi: 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 Binance live order book, 4 min ago	0.33 bp	5.3 bp −$5	5.9 bp −$59	11.3 bp −$1,129	26.4 bp −$13.2K
Sell Kalshi live order book, 4 min ago	0.33 bp	7.6 bp −$8	11.7 bp −$117	20.3 bp −$2,031	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	1.5158	+0.196%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5125	−0.024%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5150	+0.143%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5145	+0.109%	$245K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0025%	1h	1.5147	+0.122%	$14.4M	$75.1M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.853%	$2K	$107K	30x	as long as short
01 Exchange XRPUSD	+0.0072%	1h	1.5146	+0.116%	$8K	$8K	10x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0077% / S −0.0023%	1h	1.5143	+0.096%	$799K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5150	+0.143%	$7.7M	$25.2M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5135	+0.041%	$2.8M	$15.1M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5135	+0.044%	$546K	$3.2M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5136	+0.050%	$11K	$363K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5150	+0.146%	$999K	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5132	+0.021%	$38.4M	$87.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5135	+0.046%	$602K	$1.1M	20x	as long as short
Binance XRPUSDTlong	+0.0100%	8h	1.5128	long leg	$527.8M	$2.22B	100x
Bybit XRPUSDT	+0.0100%	8h	1.5123	−0.036%	$343.7M	$967.4M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5126	−0.016%	$126.9M	$890.0M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5154	+0.169%	$564K	$32K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5140	+0.077%	$143K	$718K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5166	+0.248%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5131	+0.017%	$374.5M	$157.9M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5124	−0.029%	$296.5M	$916.5M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5136	+0.049%	$107.3M	$182.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5129	+0.004%	$266.3M	$399.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5131	+0.017%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5135	+0.043%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5133	+0.028%	$659K	$114.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5133	+0.030%	$1.1M	$36.2M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5156	+0.182%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5150	+0.142%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5150	+0.143%	$46K	$491K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5140	+0.076%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5145	+0.110%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5147	+0.120%	$815K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5150	+0.143%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5145	+0.110%	$28K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5149	+0.137%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5150	+0.143%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5139	+0.071%	$472K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5132	+0.021%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5143	+0.099%	$58K	$25K	3x	as long as short
Hibachi XRP/USDT-P	+0.0168%	1h	1.5152	+0.153%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0176%	1h	1.5151	+0.149%	$5.7M	$48.4M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0177%	1h	1.5152	+0.156%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0183%	1h	1.5145	+0.110%	$288.9M	$264.1M	20x	as long as short
Kalshi KXXRPPERPshort	+0.0212%	8h	1.5153	+0.162%	$1.8M	$35.4M	2.9x
Reya XRPRUSDPERP	+0.0218%	1h	1.5143	+0.098%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5142	+0.090%	$23.5M	$77.7M	125x	as long as short
RISEx XRP/USDC	+0.0316%	1h	1.5150	+0.146%	$517K	$792K	10x	as long as short
Aftermath Perps XRPUSD	+0.0571%	1h	1.5154	+0.167%	$2K	$16K	10x	as long as short