XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.84 per $10,000 · paid last 24h −0.037%

Price spread now: MEXC against Kalshi−0.053%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$170.171% of the position

Long on Kalshi Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.137%−$14 on $10k

Price spread, last 7 days−0.020%−$2 · spread now −0.053%, 7d avg −0.046%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: −$3 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	1.5156	0.0184	pay 0.0184% / 8h	7h 04m	$1.8M	$35.4M	2.9x
Short	MEXC XRP_USDT	1.5148	0.0100	get 0.0100% / 8h	3h 04m	$294.3M	$910.4M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.053%Rate

Funding earned: −$17.7
Price spread: −0.053% → −0.046%: −$0.72
Slippage, 4 orders: −$7.12
Fee Kalshi: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$35.53
Costs to cover: 0.171%
Break-even: never at this rate

Slippage from Kalshi: live order book, 5 min ago; MEXC: 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 Kalshi live order book, 5 min ago	2.32 bp	7.9 bp −$8	9.7 bp −$97	16.7 bp −$1,673	doesn't fit
Sell MEXC live order book, 5 min ago	0.33 bp	0.3 bp $0	0.5 bp −$5	7.8 bp −$784	29.7 bp −$14.8K

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	1.5147	−0.059%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5147	−0.058%	$1.1M	$115K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5142	−0.096%	$258K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0014%	1h	1.5147	−0.059%	$7.7M	$25.6M	50x	as long as short
Kraken Futures PF_XRPUSD	+0.0022%	1h	1.5143	−0.086%	$14.3M	$74.7M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.666%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0054% / S +0.0009%	1h	1.5142	−0.094%	$795K	—	200x	as long as short
Lighter XRP	+0.0096%	1h	1.5147	−0.059%	$2.8M	$14.8M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5148	−0.053%	$496K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0099%	8h	1.5144	−0.079%	$10K	$355K	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	−0.030%	$979K	$6.2M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5143	−0.085%	$39.0M	$86.0M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5152	−0.024%	$608K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5144	−0.079%	$533.5M	$2.17B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5147	−0.059%	$343.8M	$947.8M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5147	−0.059%	$125.2M	$886.9M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5150	−0.040%	$563K	$27K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5157	+0.007%	$137K	$721K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5138	−0.116%	$1.6M	$29K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5148	−0.053%	$373.5M	$158.6M	100x	as long as short
MEXC XRP_USDTshort	+0.0100%	8h	1.5148	−0.053%	$294.3M	$910.4M	300x
KuCoin XRPUSDTM	+0.0100%	8h	1.5147	−0.061%	$109.2M	$178.6M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5147	−0.059%	$268.9M	$391.3M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5148	−0.053%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5147	−0.060%	$4.8M	$38.3M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5113	−0.281%	$656K	$111.0M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5150	−0.040%	$1.1M	$37.0M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5138	−0.119%	$1.2M	$1.1M	50x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5156	0.000%	$49K	$489K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5143	−0.084%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5141	−0.099%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5142	−0.091%	$815K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5158	+0.011%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5143	−0.086%	$28K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5152	−0.029%	$49.5M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5146	−0.066%	$53.9M	$31.4M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5155	−0.007%	$472K	$55K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5152	−0.026%	—	$11K	10x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5138	−0.120%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5140	−0.106%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5153	−0.020%	$8K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5148	−0.053%	$5.7M	$48.2M	50x	as long as short
Kalshi KXXRPPERPlong	+0.0184%	8h	1.5156	long leg	$1.8M	$35.4M	2.9x
Reya XRPRUSDPERP	+0.0217%	1h	1.5148	−0.053%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5154	−0.013%	$24.2M	$75.8M	125x	as long as short
Backpack XRP_USDC_PERP	+0.0235%	1h	1.5162	+0.040%	$2.0M	$1.4M	25x	as long as short
Hibachi XRP/USDT-P	+0.0272%	1h	1.5150	−0.038%	$17K	$82K	7x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5155	−0.005%	$517K	$777K	10x	as long as short
Hyperliquid XRP	+0.0368%	1h	1.5163	+0.046%	$290.9M	$255.9M	20x	as long as short
Phoenix XRP	+0.0528%	1h	1.5150	−0.040%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0630%	1h	1.5149	−0.047%	$2K	$15K	10x	as long as short