XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.67 per $10,000 · paid last 24h −0.037%

Price spread now: Aster against Kalshi−0.112%7-day average −0.042% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 7 days+0.035%+$4 · spread now −0.112%, 7d avg −0.042%

Together, before fees−0.091%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.070% cheaper against Kalshi than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXXRPPERP	1.5123	0.0167	pay 0.0167% / 8h	6h 53m	$1.8M	$35.5M	2.9x
Short	Aster XRPUSDT	1.5106	0.0100	get 0.0100% / 8h	2h 53m	$38.7M	$86.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$14.01
Price spread: −0.112% → −0.042%: −$7.01
Slippage, 4 orders: −$12.75
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$51.77
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Kalshi: live order book, 5 min ago; Aster: live order book, 6 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 Kalshi live order book, 5 min ago	1.99 bp	10.5 bp −$10	11.8 bp −$118	19.3 bp −$1,928	doesn't fit
Sell Aster live order book, 6 min ago	0.66 bp	4.7 bp −$5	5.8 bp −$58	15.1 bp −$1,515	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	1.5107	−0.106%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5111	−0.078%	$14.3M	$75.1M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5102	−0.142%	$1.1M	$115K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	1.5114	−0.060%	$7.7M	$25.6M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5108	−0.099%	$258K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.890%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5107	−0.107%	$793K	—	200x	as long as short
01 Exchange XRPUSD	+0.0064%	1h	1.5111	−0.079%	$8K	$8K	10x	as long as short
Lighter XRP	+0.0096%	1h	1.5114	−0.059%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5116	−0.046%	$497K	$3.2M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0099%	8h	1.5106	−0.112%	$10K	$356K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5113	−0.063%	$941K	$6.2M	20x	as long as short
Hyperliquid XRP	+0.0100%	1h	1.5121	−0.013%	$290.3M	$257.5M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5106	−0.112%	$38.7M	$86.4M	100x
Pacifica XRP	+0.0100%	1h	1.5110	−0.087%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5106	−0.111%	$531.1M	$2.18B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5106	−0.112%	$341.7M	$950.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5106	−0.112%	$125.1M	$887.1M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5124	+0.007%	$563K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5113	−0.066%	$137K	$717K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5106	−0.112%	$372.3M	$155.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5101	−0.145%	$293.8M	$904.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5112	−0.074%	$107.9M	$179.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5106	−0.112%	$268.1M	$392.7M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5099	−0.159%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5139	+0.105%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5127	+0.029%	$657K	$111.3M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5138	+0.096%	$1.1M	$37.3M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5147	+0.159%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5116	−0.045%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5114	−0.060%	$49K	$490K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5108	−0.099%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5110	−0.086%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5109	−0.093%	$813K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5115	−0.056%	$126K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5110	−0.086%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5114	−0.059%	$49.4M	$15.8M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5114	−0.060%	$53.9M	$31.7M	50x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5107	−0.103%	$1.6M	$29K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5109	−0.095%	$471K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5101	−0.143%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5106	−0.112%	$58K	$25K	3x	as long as short
Kalshi KXXRPPERPlong	+0.0167%	8h	1.5123	long leg	$1.8M	$35.5M	2.9x
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5116	−0.046%	$5.7M	$48.2M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0195%	1h	1.5120	−0.020%	$2.0M	$1.4M	25x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5106	−0.114%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5121	−0.013%	$24.2M	$75.8M	125x	as long as short
Hibachi XRP/USDT-P	+0.0256%	1h	1.5111	−0.079%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5111	−0.076%	$515K	$777K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5140	+0.112%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0635%	1h	1.5122	−0.010%	$2K	$15K	10x	as long as short