XRP

Alert

Funding spread now, next payment 17:00 UTC+0.0383%/8h

paid, last 24h+0.024%paid, last 7 days+0.071%to open and close $10k−$31

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXXRPPERP	1.4992	0.0193	pay 0.0193% / 8h	3h 44m	$1.8M	$33.5M	2.9x
Short	Hyperliquid XRP	1.5019	0.0576	get 0.0072% / 1h	44m 07s	$265.1M	$158.3M	20x

Funding history

latest

Range statsloading…

Funding on every exchange

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latest

Profit calculator

Position, each leg$Hold fordaysFee KalshibpFee HyperliquidbpOrdersRate

Funding earned: $80.53
Slippage, 4 orders: −$12.19
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $49.35
Break-even: 2.7 days

Slippage from Kalshi: live order book, 1 min ago; Hyperliquid: live order book, 11 min ago.

Price risk

price view

Price gap now: +0.180%
Avg gap 7d: −0.010%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	2.00 bp	12.0 bp −$12	13.6 bp −$136	20.1 bp −$2,011	doesn't fit
Sell Hyperliquid live order book, 11 min ago	0.33 bp	4.8 bp −$5	6.0 bp −$60	11.0 bp −$1,096	doesn't fit

XRP on 50 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
GMX XRP/USD [ETH-USDC]	L −0.0205% / S +0.0292%	1h	$1.6M	—	200x	as long as short
Hotstuff XRP-PERP	−0.0080%	1h	$6K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	$1.1M	$103K	10x	as long as short
Phoenix XRP	0.0000%	1h	$69K	$86K	15x	as long as short
Deribit XRP_USDC-PERPETUAL	0.0000%	1h	$8.3M	$19.9M	50x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0003%	1h	$219K	—	150x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	$2K	$63K	30x	as long as short
Orderly PERP_XRP_USDC	+0.0051%	8h	$187K	$737K	50x	as long as short
Lighter XRP	+0.0096%	1h	$2.9M	$9.1M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	$536K	$2.0M	20x	as long as short

Show all 50 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Katana Perps XRP-USD	+0.0100%	8h	$11K	$227K	20x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	$469K	$54K	50x	as long as short
Nado XRP-PERP	+0.0100%	1h	$1.1M	$4.9M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	$38.1M	$65.8M	100x	as long as short
Pacifica XRP	+0.0100%	1h	$631K	$1.0M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	$528.2M	$1.66B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	$333.9M	$752.5M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	$125.2M	$764.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	$559K	$48K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	$117K	$592K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	$1.6M	$282K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	$358.5M	$119.7M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	$295.0M	$731.9M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	$113.5M	$137.9M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	$257.4M	$310.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	—	$96.7M	—	as long as short
Variational Omni XRP	+0.0100%	8h	$5.3M	$17.7M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	$681K	$85.9M	30x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	$1.0M	$816K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	—	$9K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	$62K	$384K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	$42K	$58K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	$806K	$67K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	$125K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	$31K	$2.0M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	$49.4M	$13.3M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	$53.9M	$25.9M	50x	as long as short
Extended XRP-USD	+0.0104%	1h	$1.9M	$7.2M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	$72K	$39K	3x	as long as short
Hibachi XRP/USDT-P	+0.0192%	1h	$19K	$30K	7x	as long as short
Kalshi KXXRPPERPlong	+0.0193%	8h	$1.8M	$33.5M	2.9x
01 Exchange XRPUSD	+0.0200%	1h	$8K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0206%	1h	$1.3M	$15K	15x	as long as short
Backpack XRP_USDC_PERP	+0.0207%	1h	$1.7M	$920K	25x	as long as short
Kraken Futures PF_XRPUSD	+0.0216%	1h	$17.4M	$42.3M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	$23.3M	$56.9M	125x	as long as short
Coinbase International XRP-PERP-INTX	+0.0240%	1h	$5.5M	$37.1M	50x	as long as short
Hyperliquid XRPshort	+0.0576%	1h	$265.1M	$158.3M	20x
RISEx XRP/USDC	+0.0621%	1h	$397K	$420K	10x	as long as short
Aftermath Perps XRPUSD	+0.0708%	1h	$1K	$9K	10x	as long as short