Funding you earn now, next payment 00:00 UTC−0.0209%/8h= −22.9% APRpaid last 24h −0.064%
Price spread now: edgeX against Kalshi−0.082%79s7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.082%, 7d avg −0.080%
=Together, before fees−0.188%+ Points / potential airdropedgeX: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXXRPPERP | 1.5373 | 0.0309 | pay 0.0309% / 8h | 4h 20m | $2.0M | $34.5M | 2.9x |
| Short | edgeX XRPUSDC | 1.5360 | 0.0100 | get 0.0050% / 4h | 20m 13s | $667K | $105.1M | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Kalshi. 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
- −$43.84
- Price spread: −0.082% → −0.080%
- −$0.19
- Slippage, 4 orders
- −$12.99
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$76.02
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 4 min ago; edgeX: 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 Kalshi live order book, 4 min ago | 2.93 bp | 9.0 bp −$9 | 10.8 bp −$108 | 18.6 bp −$1,860 | doesn't fit |
| Sell edgeX live order book, 4 min ago | 1.30 bp | 5.8 bp −$6 | 5.8 bp −$58 | 9.0 bp −$901 | 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 | 1.5367 | −0.039% | $7K | $2K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5366 | −0.043% | $1.1M | $113K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5370 | −0.020% | $68K | $90K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5360 | −0.083% | $266K | — | 150x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0005% / S +0.0096% | 1h | 1.5360 | −0.084% | $844K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0010% | 1h | 1.5361 | −0.078% | $9.4M | $25.6M | 50x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0032% | 1h | 1.5359 | −0.094% | $15.0M | $69.7M | 50x | as long as short |
| Orderly PERP_XRP_USDC | +0.0059% | 8h | 1.5363 | −0.065% | $75K | $910K | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0089% | 1h | 1.5560 | +1.216% | $2K | $107K | 30x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5360 | −0.085% | $2.9M | $13.0M | 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 | 1.5364 | −0.059% | $440K | $3.2M | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5359 | −0.088% | $1.1M | $5.5M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5362 | −0.073% | $39.1M | $81.7M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5368 | −0.032% | $632K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5360 | −0.085% | $546.5M | $2.04B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5359 | −0.091% | $341.9M | $924.4M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5360 | −0.085% | $125.3M | $879.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5356 | −0.111% | $572K | $41K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5370 | −0.020% | $117K | $758K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5410 | +0.241% | $1.7M | $572K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5362 | −0.072% | $361.4M | $147.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5363 | −0.065% | $296.7M | $887.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5357 | −0.103% | $110.2M | $165.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5357 | −0.104% | $267.2M | $375.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5363 | −0.065% | — | $121.8M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5364 | −0.056% | $11.5M | $30.7M | — | as long as short |
| edgeX XRPUSDCshort | +0.0100% | 4h | 1.5360 | −0.082% | $667K | $105.1M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5364 | −0.059% | $1.1M | $40.4M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5364 | −0.059% | $1.0M | $900K | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5366 | −0.046% | $47K | $455K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5364 | −0.059% | $41K | $68K | 20x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5362 | −0.074% | $827K | $81K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5366 | −0.046% | $129K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5361 | −0.078% | $31K | $1.8M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5362 | −0.073% | $50.4M | $15.5M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5364 | −0.059% | $54.7M | $29.4M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5368 | −0.035% | $479K | $54K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5363 | −0.067% | — | $10K | 10x | as long as short |
| Katana Perps XRP-USD | +0.0101% | 8h | 1.5366 | −0.046% | $12K | $269K | 20x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5357 | −0.107% | $2.1M | $7.2M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5358 | −0.096% | $72K | $40K | 3x | as long as short |
| 01 Exchange XRPUSD | +0.0168% | 1h | 1.5370 | −0.020% | $8K | $8K | 10x | as long as short |
| Reya XRPRUSDPERP | +0.0212% | 1h | 1.5359 | −0.089% | $1.4M | $8K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5367 | −0.039% | $24.3M | $74.8M | 125x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0224% | 1h | 1.5366 | −0.046% | $5.8M | $47.1M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0258% | 1h | 1.5376 | +0.020% | $1.7M | $1.0M | 25x | as long as short |
| Hibachi XRP/USDT-P | +0.0272% | 1h | 1.5378 | +0.033% | $17K | $82K | 7x | as long as short |
| Kalshi KXXRPPERPlong | +0.0309% | 8h | 1.5373 | long leg | $2.0M | $34.5M | 2.9x | |
| Hyperliquid XRP | +0.0587% | 1h | 1.5378 | +0.033% | $293.5M | $213.4M | 20x | as long as short |
| RISEx XRP/USDC | +0.0761% | 1h | 1.5376 | +0.022% | $500K | $638K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0781% | 1h | 1.5382 | +0.062% | $1K | $11K | 10x | as long as short |
Kalshi KXXRPPERP
edgeX XRPUSDC
Phoenix XRP
gTrade (Gains Network) XRP/USD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
Lighter XRP
Lighter RH XRP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
01 Exchange XRPUSD
BloFin XRP-USDT
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Hyperliquid XRP
RISEx XRP/USDC
Aftermath Perps XRPUSD