XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0057%/8h= +6.2% APRnext payment +$0.57 per $10,000 · paid last 24h +0.001%

Price spread now: Kalshi against BloFin+0.092%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on BloFin Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.092%, 7d avg +0.030%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.063% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XRP-USDT	1.5181	0.0220	pay 0.0220% / 8h	3h 21m	$24.2M	$75.8M	125x
Short	Kalshi KXXRPPERP	1.5195	0.0277	get 0.0277% / 8h	7h 21m	$1.9M	$35.2M	2.9x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against BloFin. 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 BloFinbpFee KalshibpOrdersPrice spread, now +0.092%Rate

Funding earned: $11.97
Price spread: +0.092% → +0.030%: $6.26
Slippage, 4 orders: −$12.85
Fee BloFin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$16.63
Costs to cover: 0.349%
Break-even: 16.7 days

Slippage from BloFin: live order book, 3 min ago; Kalshi: live order book, 3 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 BloFin live order book, 3 min ago	0.99 bp	7.0 bp −$7	8.6 bp −$86	14.1 bp −$1,409	24.9 bp −$12.5K
Sell Kalshi live order book, 3 min ago	1.98 bp	9.9 bp −$10	11.3 bp −$113	19.4 bp −$1,939	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	1.5197	+0.105%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5199	+0.117%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5193	+0.079%	$7.8M	$25.5M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5186	+0.034%	$259K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5192	+0.074%	$14.5M	$74.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.497%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5187	+0.037%	$793K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5188	+0.046%	$2.9M	$14.7M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5188	+0.046%	$497K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5195	+0.092%	$9K	$350K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5204	+0.148%	$987K	$6.1M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5187	+0.037%	$38.8M	$85.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5202	+0.139%	$610K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5179	−0.013%	$535.2M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5172	−0.059%	$345.3M	$945.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5172	−0.059%	$126.7M	$884.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5187	+0.040%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5201	+0.132%	$138K	$720K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−0.109%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5171	−0.066%	$372.1M	$156.5M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5180	−0.007%	$294.6M	$905.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5188	+0.043%	$109.3M	$177.8M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5168	−0.086%	$269.2M	$390.1M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5170	−0.072%	—	$127.9M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.037%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5162	−0.124%	$658K	$110.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5166	−0.101%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5170	−0.072%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5184	+0.017%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5194	+0.086%	$46K	$478K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5187	+0.037%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5188	+0.046%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5189	+0.050%	$817K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5192	+0.073%	$128K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5189	+0.053%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5186	+0.034%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5185	+0.026%	$54.0M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5198	+0.110%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5186	+0.035%	$2.0M	$6.7M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5187	+0.037%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5204	+0.152%	$9K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5196	+0.099%	$5.8M	$48.0M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5192	+0.073%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDTlong	+0.0220%	8h	1.5181	long leg	$24.2M	$75.8M	125x
Backpack XRP_USDC_PERP	+0.0258%	1h	1.5183	+0.013%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5150	−0.206%	$17K	$82K	7x	as long as short
Kalshi KXXRPPERPshort	+0.0277%	8h	1.5195	+0.092%	$1.9M	$35.2M	2.9x
RISEx XRP/USDC	+0.0358%	1h	1.5201	+0.133%	$518K	$776K	10x	as long as short
Hyperliquid XRP	+0.0411%	1h	1.5187	+0.040%	$298.6M	$250.7M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.059%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0646%	1h	1.5180	−0.009%	$2K	$15K	10x	as long as short