Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.113300.0000% / 8h5h 07m$1.7M$7.4M2.8xLong Kalshi
SHORT1.1131−0.0151pay 0.0019% / 1h7m 55s$875K$1.4M25xShort Backpack
Price gap−0.022%
Funding gap−0.0151% /8h

The gap pays +$5 on $10k if it goes back to its 7d average, but funding costs $5 a day and eats that in about 27 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$26−0.0151% /8h now · paid −0.263% over the last 7D
Price+$5spread −0.022% now, avg −0.072% → +0.050% if it goes back
Costs−$250.254% of $10k · taker + slippage, in and out
Result−$47−0.47%no points

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.022%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XRP on 51 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • OK: Fits both order books7.8 / 5.4 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$3,468 + $400
    Kalshi 2.8x, Backpack 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$4.52Long Kalshi: 3 payments, $0.00; short Backpack: 24 payments, −$4.52.
  • OK: Entry gap works for you−0.022% vs −0.072%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$875K vs $1.7M OI
    Backpack sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKalshi Yes · Backpack Yes
    A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0125%/8h × 21 periods−$26.26
Price spread−0.022% → −0.072% (7d avg)+$5.00
Slippage, 4 orderslive order books−$7.42
Fee Kalshi bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$46.68
Costs to cover0.254%Break-evennever at this rate
Slippage: Kalshi: live order book, 6 min ago; Backpack: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKalshi2.257.8 bp−$810.6 bp−$10616.8 bp−$1,683doesn’t fit
SELL · SHORTBackpack0.455.4 bp−$57.9 bp−$79doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XRP news

posts that mention XRP, from every exchange
11-06 00:13GMXOtherOne month in, the GMX Dollar Vault backs 7 markets: BTC, ETH, NEAR, ZEC, HYPE, XRP and SOL. One $USDG deposit, spread across all of them, earning from the volume, withdrawable any time. Full launch boost runs until 30 Nov. Here's how it works: @GMX_IO on X ↗
11-03 08:03PhemexOtherPhemex’s November Proof of Reserves is here. 🔍 BTC 103.29% · ETH 113.54% SOL 133.06% · XRP 150.47% Transparency means being able to check the numbers yourself. View the reserve data and verify your balance with our Merkle-tree proof. Don’t trust. Verify: @Phemex_official on X ↗
11-03 04:04HTXOther10 trades. 3 assets to watch. $XRP → Showing strength vs. broader market. $WMT → Tech capital rotating into defensive stocks. $XAG → Safe-haven demand rising. What's your next trade? 👇 Trade anytime, anywhere with @HTXFutures . @HTX_Global on X ↗
11-02 05:59PhemexOtherCrypto Up or Down on Phemex: Pick a coin. See the price to beat. Call up or down. From 5-minute moves to 4-hour trends, rounds on $BTC, $ETH, $XRP, $SOL, and $HYPE Which coin are you calling first? 👀 Explore Phemex Prediction Market 👉 @Phemex_official on X ↗
11-02 02:30OKXPointsICYMI: New X Drops with bots 🤖 60K $XRP is now LIVE on X Drops Club in the US, with $XRP pairs earning a 2x volume multiplier toward daily rewards. Set up a bot and let it trade for you throughout the campaign. Opt In Now: @okx on X ↗
11-01 12:36BinanceOtherLatest Withdrawal Update Withdrawals have now been re-enabled for the following networks and assets: New: ✅ ZEC: ZEC ✅ TON: USDT, GRAM ✅ SUI: SUI Already Enabled: ✅ BTC: BTC ✅ ETH: ETH, USDT, USDC ✅ BSC: BNB, USDT, USDC ✅ XRP: XRP ✅ Base: ETH, USDC ✅ DOGE: DOGE ✅ OP (Optimism): ETH, USDT, USDC ✅ ARBITRUM: ARB, ETH, USDT, USDC ✅ TRX: TRX, USDT ✅ SOL: SOL, USDT, USDC ✅ MATIC (Polygon): POL, USDT, USDC ✅ AVAXC: AVAX, USDT, USDC We will continue to restore additional assets and networks in phases as security checks are completed. Further updates will be shared through official Binance channels. @binance on X ↗