XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0164%/8h= −18.0% APRnext payment −$1.64 per $10,000 · paid last 24h −0.037%

Price spread now: Aster against Kalshi+0.014%7-day average −0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$270.270% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.126%−$13 on $10k

Price spread, last 7 days−0.092%−$9 · spread now +0.014%, 7d avg −0.042%

Together, before fees−0.218%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.057% dearer against Kalshi than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.042%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.126% in total) that is about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXXRPPERP	1.5168	0.0264	pay 0.0264% / 8h	7h 17m	$1.9M	$35.2M	2.9x
Short	Aster XRPUSDT	1.5170	0.0100	get 0.0100% / 8h	3h 17m	$38.9M	$85.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now +0.014%Rate

Funding earned: −$34.49
Price spread: +0.014% → −0.042%: $5.68
Slippage, 4 orders: −$9.03
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$55.85
Costs to cover: 0.270%
Break-even: never at this rate

Slippage from Kalshi: live order book, 2 min ago; Aster: live order book, 2 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, 2 min ago	1.65 bp	8.1 bp −$8	11.0 bp −$110	17.2 bp −$1,717	doesn't fit
Sell Aster live order book, 2 min ago	0.99 bp	5.0 bp −$5	6.2 bp −$62	18.4 bp −$1,840	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	1.5167	−0.007%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5179	+0.072%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5167	−0.005%	$259K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5173	+0.033%	$7.8M	$25.5M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5170	+0.014%	$14.4M	$74.6M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.584%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5167	−0.006%	$795K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5182	+0.095%	$2.9M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5185	+0.112%	$497K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5159	−0.059%	$9K	$351K	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado XRP-PERP	+0.0100%	1h	1.5151	−0.109%	$983K	$6.1M	20x	as long as short
Aster XRPUSDTshort	+0.0100%	8h	1.5170	+0.014%	$38.9M	$85.7M	100x
Pacifica XRP	+0.0100%	1h	1.5176	+0.055%	$609K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5161	−0.046%	$535.3M	$2.16B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5164	−0.026%	$345.1M	$946.0M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5166	−0.013%	$126.0M	$884.5M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5163	−0.033%	$564K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5169	+0.007%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5164	−0.023%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5170	+0.013%	$372.4M	$156.8M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5168	0.000%	$296.4M	$906.8M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5180	+0.076%	$109.4M	$178.0M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5163	−0.033%	$269.1M	$390.5M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5164	−0.026%	—	$4.1M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5187	+0.124%	$4.9M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5180	+0.082%	$659K	$110.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5170	+0.012%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5163	−0.033%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5160	−0.053%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5170	+0.013%	$46K	$478K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5166	−0.012%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5166	−0.013%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5168	−0.003%	$816K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5171	+0.020%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5167	−0.007%	$30K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5167	−0.007%	$49.6M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5171	+0.020%	$54.0M	$31.2M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5175	+0.048%	$473K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5158	−0.064%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5168	−0.001%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5168	0.000%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5181	+0.086%	$5.8M	$48.0M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5159	−0.058%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5158	−0.066%	$24.2M	$75.7M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0252%	1h	1.5183	+0.099%	$2.0M	$1.4M	25x	as long as short
Kalshi KXXRPPERPlong	+0.0264%	8h	1.5168	long leg	$1.9M	$35.2M	2.9x
Hibachi XRP/USDT-P	+0.0272%	1h	1.5155	−0.085%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5168	+0.001%	$516K	$776K	10x	as long as short
Hyperliquid XRP	+0.0410%	1h	1.5198	+0.201%	$298.7M	$251.4M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5190	+0.145%	$68K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0650%	1h	1.5174	+0.042%	$2K	$15K	10x	as long as short