XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.037%

Price spread now: Kalshi against KuCoin+0.064%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$25as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on KuCoin Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.125%+$12 on $10k

Price spread, last 7 days+0.001%$0 · spread now +0.064%, 7d avg +0.038%

Together, before fees+0.126%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Kalshi is 0.026% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5161	0.0100	pay 0.0100% / 8h	2h 04m	$107.2M	$181.8M	75x
Short	Kalshi KXXRPPERP	1.5171	0.0215	get 0.0215% / 8h	6h 04m	$1.7M	$35.5M	2.9x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against KuCoin. 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 KuCoinbpFee KalshibpOrdersPrice spread, now +0.064%Rate

Funding earned: $24.25
Price spread: +0.064% → +0.038%: $2.58
Slippage, 4 orders: −$15.2
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$10.38
Costs to cover: 0.372%
Break-even: 10.0 days

Slippage from KuCoin: live order book, 5 min ago; Kalshi: live order book, 5 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 KuCoin live order book, 5 min ago	0.03 bp	7.2 bp −$7	10.3 bp −$103	doesn't fit	doesn't fit
Sell Kalshi live order book, 5 min ago	2.31 bp	10.7 bp −$11	12.1 bp −$121	18.0 bp −$1,805	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	1.5166	+0.031%	$5K	$3K	20x	as long as short
Kraken Futures PF_XRPUSD	−0.0001%	1h	1.5158	−0.023%	$14.4M	$74.9M	50x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5160	−0.008%	$1.1M	$148K	10x	as long as short
Phoenix XRP	0.0000%	1h	1.5180	+0.123%	$67K	$110K	15x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5159	−0.015%	$245K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.630%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0074% / S −0.0020%	1h	1.5160	−0.009%	$799K	—	200x	as long as short
01 Exchange XRPUSD	+0.0080%	1h	1.5163	+0.011%	$8K	$8K	10x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0080%	1h	1.5163	+0.011%	$7.7M	$25.3M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5157	−0.026%	$2.8M	$15.1M	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	1.5160	−0.009%	$547K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5152	−0.061%	$11K	$361K	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5159	−0.012%	$1.0M	$6.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5156	−0.035%	$38.5M	$87.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5163	+0.013%	$603K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5160	−0.009%	$527.0M	$2.22B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5159	−0.015%	$344.2M	$966.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5161	−0.002%	$126.4M	$890.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5159	−0.015%	$564K	$35K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5167	+0.038%	$143K	$717K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5132	−0.194%	$1.6M	$5K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5160	−0.009%	$374.7M	$162.0M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5160	−0.009%	$298.0M	$929.2M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5161	long leg	$107.2M	$181.8M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5159	−0.015%	$266.7M	$399.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5161	−0.002%	—	$106.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5166	+0.030%	$4.7M	$38.5M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5167	+0.037%	$659K	$114.1M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5163	+0.011%	$1.1M	$36.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5174	+0.084%	$1.2M	$1.2M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5164	+0.018%	—	$15K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5165	+0.024%	$51K	$487K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5161	0.000%	$41K	$70K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5159	−0.015%	$62K	$932K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5160	−0.009%	$816K	$73K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5160	−0.009%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5156	−0.035%	$29K	$1.6M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5162	+0.007%	$49.5M	$15.6M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5158	−0.022%	$54.1M	$32.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5167	+0.037%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5154	−0.047%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5157	−0.025%	$58K	$25K	3x	as long as short
Hyperliquid XRP	+0.0145%	1h	1.5173	+0.077%	$289.6M	$264.2M	20x	as long as short
Hibachi XRP/USDT-P	+0.0184%	1h	1.5164	+0.019%	$17K	$82K	7x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5164	+0.018%	$5.7M	$48.6M	50x	as long as short
Backpack XRP_USDC_PERP	+0.0208%	1h	1.5172	+0.071%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERPshort	+0.0215%	8h	1.5171	+0.064%	$1.7M	$35.5M	2.9x
Reya XRPRUSDPERP	+0.0218%	1h	1.5157	−0.028%	$1.3M	$5K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5159	−0.015%	$23.2M	$77.6M	125x	as long as short
RISEx XRP/USDC	+0.0305%	1h	1.5166	+0.028%	$518K	$790K	10x	as long as short
Aftermath Perps XRPUSD	+0.0573%	1h	1.5153	−0.057%	$2K	$16K	10x	as long as short