Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.066%
Price spread now: gTrade (Gains Network) against Kalshi−0.102%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$2902.896% of the position
Funding, last 3 days (all we have)−0.182%−$18 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.102%, 7d avg −0.044%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and gTrade (Gains Network) is 0.058% cheaper against Kalshi than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.044%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXXRPPERP | 1.5178 | 0.0192 | pay 0.0192% / 8h | 4h 36m | $1.8M | $34.5M | 2.9x |
| Short | gTrade (Gains Network) XRP/USD | 1.5163 | L +0.0003% / S −0.0004% | get 0.0000% / 1h | 36m 15s | $245K | — | 150x |
Kalshi KXXRPPERP
gTrade (Gains Network) XRP/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$39.47
- Price spread: −0.102% → −0.044%
- −$5.76
- Slippage, 4 orders
- −$269.64
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$334.87
- Costs to cover
- 2.896%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 3 min ago; gTrade (Gains Network): virtual book (oracle venue), 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 Kalshi live order book, 3 min ago | 2.30 bp | 10.7 bp −$11 | 12.8 bp −$128 | 19.8 bp −$1,982 | doesn't fit |
| Sell gTrade (Gains Network) virtual book (oracle venue), 3 min ago | 130.05 bp | 135.1 bp −$135 | 193.2 bp −$1,932 | 1958.1 bp −$195.8K | 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 | 1.5179 | +0.007% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5171 | −0.043% | $1.1M | $148K | 10x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5164 | −0.092% | $7.8M | $24.1M | 50x | as long as short |
| gTrade (Gains Network) XRP/USDshort | L +0.0003% / S −0.0004% | 1h | 1.5163 | −0.102% | $245K | — | 150x | |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.517% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5157 | −0.142% | $14.5M | $73.8M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5154 | −0.159% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5155 | −0.152% | $602K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5156 | −0.145% | $20K | $380K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5154 | −0.158% | $1.0M | $6.3M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Deribit XRP_USDC-PERPETUAL
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Lighter XRP
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XRPUSDT | +0.0100% | 8h | 1.5149 | −0.191% | $38.3M | $86.8M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5169 | −0.058% | $612K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5153 | −0.165% | $530.2M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5153 | −0.165% | $349.2M | $956.7M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5157 | −0.138% | $127.8M | $868.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5179 | +0.007% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5164 | −0.092% | $144K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5190 | +0.079% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5162 | −0.105% | $377.9M | $160.9M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5155 | −0.152% | $311.8M | $922.4M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5162 | −0.105% | $106.2M | $183.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5159 | −0.125% | $267.8M | $390.5M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5159 | −0.125% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5226 | +0.313% | $5.0M | $38.7M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5205 | +0.179% | $660K | $113.5M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5210 | +0.210% | $1.1M | $35.0M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5239 | +0.402% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5168 | −0.065% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5162 | −0.105% | $51K | $511K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5162 | −0.102% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5163 | −0.099% | $77K | $688K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5186 | +0.054% | $817K | $74K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5166 | −0.082% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5157 | −0.138% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5163 | −0.099% | $49.5M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5153 | −0.165% | $54.1M | $32.6M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5167 | −0.072% | $473K | $55K | 50x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0101% / S −0.0061% | 1h | 1.5163 | −0.098% | $782K | — | 200x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5156 | −0.143% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5161 | −0.112% | $8K | $2K | 10x | as long as short |
| Hibachi XRP/USDT-P | +0.0104% | 1h | 1.5194 | +0.103% | $17K | $78K | 7x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5158 | −0.134% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0129% | 1h | 1.5171 | −0.048% | $289.4M | $267.7M | 20x | as long as short |
| Backpack XRP_USDC_PERP | +0.0151% | 1h | 1.5186 | +0.053% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5160 | −0.119% | $5.6M | $48.2M | 50x | as long as short |
| Kalshi KXXRPPERPlong | +0.0192% | 8h | 1.5178 | long leg | $1.8M | $34.5M | 2.9x | |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5157 | −0.140% | $1.3M | $4K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5169 | −0.059% | $23.5M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5165 | −0.088% | $521K | $806K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5230 | +0.343% | $68K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0645% | 1h | 1.5208 | +0.196% | $2K | $16K | 10x | as long as short |
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
GMX XRP/USD [ETH-USDC]
Extended XRP-USD
01 Exchange XRPUSD
Hibachi XRP/USDT-P
Aevo XRP-PERP
Hyperliquid XRP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD