Funding you earn now, next payment 06:00 UTC−0.0059%/8h= −6.4% APRpaid last 24h −0.037%
Price spread now: Pacifica against Kalshi−0.021%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 7 days−0.068%−$7 · spread now −0.021%, 7d avg −0.038%
=Together, before fees−0.120%+ Points / potential airdropPacifica: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXXRPPERP | 1.5113 | 0.0159 | pay 0.0159% / 8h | 6h 53m | $1.8M | $35.5M | 2.9x |
| Short | Pacifica XRP | 1.5110 | 0.0100 | get 0.0013% / 1h | 53m 03s | $606K | $1.1M | 20x |
Kalshi KXXRPPERP
Pacifica XRPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$12.34
- Price spread: −0.021% → −0.038%
- $1.74
- Slippage, 4 orders
- −$11.44
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$40.04
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 1 min ago; Pacifica: live order book, 1 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, 1 min ago | 1.98 bp | 8.8 bp −$9 | 13.0 bp −$130 | 18.9 bp −$1,895 | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 1.32 bp | 5.9 bp −$6 | doesn't fit | doesn't fit | 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 | −0.040% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5114 | +0.007% | $14.3M | $75.1M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5102 | −0.076% | $1.1M | $115K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5120 | +0.046% | $67K | $110K | 15x | as long as short |
| Deribit XRP_USDC-PERPETUAL | 0.0000% | 1h | 1.5117 | +0.026% | $7.7M | $25.6M | 50x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5108 | −0.035% | $258K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.958% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5111 | −0.013% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0069% / S −0.0013% | 1h | 1.5108 | −0.031% | $792K | — | 200x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5115 | +0.011% | $2.8M | $14.8M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
Deribit XRP_USDC-PERPETUAL
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5116 | +0.020% | $497K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5106 | −0.046% | $10K | $356K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5111 | −0.017% | $941K | $6.2M | 20x | as long as short |
| Hyperliquid XRP | +0.0100% | 1h | 1.5125 | +0.079% | $290.9M | $257.9M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5113 | +0.002% | $38.7M | $86.4M | 100x | as long as short |
| Pacifica XRPshort | +0.0100% | 1h | 1.5110 | −0.021% | $606K | $1.1M | 20x | |
| Binance XRPUSDT | +0.0100% | 8h | 1.5115 | +0.014% | $531.4M | $2.18B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5118 | +0.033% | $342.0M | $949.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5121 | +0.053% | $125.2M | $888.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5124 | +0.073% | $563K | $28K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5113 | 0.000% | $137K | $717K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5116 | +0.020% | $372.3M | $155.1M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5116 | +0.020% | $294.2M | $904.1M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5111 | −0.011% | $107.8M | $179.5M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5116 | +0.020% | $268.3M | $392.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5111 | −0.013% | — | $4.1M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5139 | +0.171% | $4.8M | $38.3M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5113 | −0.002% | $656K | $111.3M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5138 | +0.163% | $1.1M | $37.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | +0.225% | $1.2M | $1.1M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5109 | −0.026% | — | $11K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5112 | −0.007% | $50K | $490K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5111 | −0.015% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5109 | −0.026% | $62K | $934K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5108 | −0.034% | $813K | $72K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5113 | +0.003% | $126K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5113 | 0.000% | $28K | $1.7M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5113 | −0.002% | $49.4M | $15.8M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5118 | +0.033% | $53.9M | $31.7M | 50x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5107 | −0.037% | $1.6M | $29K | 20x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5109 | −0.029% | $471K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5109 | −0.027% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5110 | −0.020% | $58K | $25K | 3x | as long as short |
| Kalshi KXXRPPERPlong | +0.0159% | 8h | 1.5113 | long leg | $1.8M | $35.5M | 2.9x | |
| Backpack XRP_USDC_PERP | +0.0183% | 1h | 1.5125 | +0.079% | $2.0M | $1.4M | 25x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5116 | +0.020% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0217% | 1h | 1.5109 | −0.025% | $1.3M | $7K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5115 | +0.013% | $24.2M | $75.8M | 125x | as long as short |
| Hibachi XRP/USDT-P | +0.0256% | 1h | 1.5109 | −0.024% | $17K | $82K | 7x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5111 | −0.010% | $515K | $777K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0644% | 1h | 1.5120 | +0.044% | $2K | $15K | 10x | as long as short |
Lighter RH XRP
Katana Perps XRP-USD
Nado XRP-PERP
Hyperliquid XRP
Aster XRPUSDT
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus 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
Bulk XRP-USD
Paradex XRP-USD-PERP
Extended XRP-USD
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
Hibachi XRP/USDT-P
RISEx XRP/USDC
Aftermath Perps XRPUSD