XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0164%/8h= +17.9% APRnext payment +$1.64 per $10,000 · paid last 24h +0.037%

Price spread now: Kalshi against KuCoin−0.086%7-day average +0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$360.365% 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+0.153%+$15 · spread now −0.086%, 7d avg +0.039%

Together, before fees+0.277%+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kalshi is 0.124% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.039%). If the spread goes back, that is −$12 on $10k: about 2.5 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.125% in total) that is about 7.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XRPUSDTM	1.5200	0.0100	pay 0.0100% / 8h	3h 37m	$109.0M	$177.1M	75x
Short	Kalshi KXXRPPERP	1.5187	0.0264	get 0.0264% / 8h	7h 37m	$2.0M	$35.2M	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 −0.086%Rate

Funding earned: $34.35
Price spread: −0.086% → +0.039%: −$12.41
Slippage, 4 orders: −$14.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$14.52
Costs to cover: 0.365%
Break-even: 10.0 days

Slippage from KuCoin: live order book, 6 min ago; Kalshi: 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 KuCoin live order book, 6 min ago	0.03 bp	7.7 bp −$8	10.1 bp −$101	25.5 bp −$2,552	doesn't fit
Sell Kalshi live order book, 1 min ago	2.30 bp	9.0 bp −$9	11.9 bp −$119	20.8 bp −$2,078	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	1.5188	−0.079%	$5K	$3K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5199	−0.007%	$1.1M	$111K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5198	−0.012%	$254K	—	150x	as long as short
Kraken Futures PF_XRPUSD	+0.0021%	1h	1.5200	+0.001%	$14.4M	$74.2M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5560	+2.368%	$2K	$107K	30x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0052% / S +0.0012%	1h	1.5198	−0.012%	$805K	—	200x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0079%	1h	1.5203	+0.020%	$7.8M	$25.5M	50x	as long as short
Lighter XRP	+0.0096%	1h	1.5201	+0.009%	$2.9M	$14.6M	20x	as long as short
Lighter RH XRP	+0.0096%	1h	1.5203	+0.020%	$498K	$3.3M	20x	as long as short
Katana Perps XRP-USD	+0.0098%	8h	1.5192	−0.053%	$12K	$343K	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	1.5185	−0.095%	$1.0M	$6.0M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5197	−0.020%	$38.4M	$84.6M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5200	0.000%	$606K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5197	−0.020%	$534.0M	$2.14B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5200	0.000%	$346.7M	$941.1M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5200	0.000%	$127.2M	$886.2M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5151	−0.322%	$564K	$28K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5199	−0.007%	$118K	$688K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5203	+0.020%	$1.6M	$49K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5197	−0.020%	$371.2M	$154.4M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5197	−0.020%	$295.0M	$901.0M	300x	as long as short
KuCoin XRPUSDTMlong	+0.0100%	8h	1.5200	long leg	$109.0M	$177.1M	75x
Bitget XRPUSDT	+0.0100%	8h	1.5198	−0.013%	$269.3M	$388.4M	125x	as long as short
BingX XRP-USDC	+0.0100%	8h	1.5187	−0.086%	—	$4.2M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5173	−0.179%	$4.9M	$38.2M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5161	−0.254%	$658K	$109.6M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5181	−0.125%	$1.1M	$36.8M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5209	+0.059%	$1.2M	$1.1M	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5193	−0.046%	—	$11K	10x	as long as short
Polymarket Perps XRP-USD	+0.0100%	1h	1.5200	0.000%	$45K	$476K	20x	as long as short
Bullet XRP-USD	+0.0100%	1h	1.5201	+0.004%	$41K	$69K	20x	as long as short
Orderly PERP_XRP_USDC	+0.0100%	8h	1.5199	−0.007%	$62K	$934K	50x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5203	+0.018%	$818K	$72K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5179	−0.136%	$127K	$1.8M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5201	+0.007%	$29K	$1.7M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5197	−0.017%	$49.7M	$15.7M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5201	+0.007%	$54.2M	$31.0M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5198	−0.012%	$474K	$55K	50x	as long as short
Extended XRP-USD	+0.0104%	1h	1.5193	−0.048%	$2.0M	$6.8M	50x	as long as short
Aevo XRP-PERP	+0.0104%	1h	1.5199	−0.007%	$58K	$25K	3x	as long as short
01 Exchange XRPUSD	+0.0168%	1h	1.5203	+0.020%	$9K	$8K	10x	as long as short
Coinbase International XRP-PERP-INTX	+0.0184%	1h	1.5205	+0.033%	$5.6M	$47.5M	50x	as long as short
Reya XRPRUSDPERP	+0.0217%	1h	1.5198	−0.012%	$1.3M	$7K	15x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5170	−0.197%	$24.2M	$76.0M	125x	as long as short
Kalshi KXXRPPERPshort	+0.0264%	8h	1.5187	−0.086%	$2.0M	$35.2M	2.9x
Hibachi XRP/USDT-P	+0.0264%	1h	1.5175	−0.161%	$17K	$82K	7x	as long as short
Backpack XRP_USDC_PERP	+0.0296%	1h	1.5212	+0.079%	$2.0M	$1.4M	25x	as long as short
Hyperliquid XRP	+0.0327%	1h	1.5212	+0.079%	$292.4M	$235.3M	20x	as long as short
RISEx XRP/USDC	+0.0358%	1h	1.5201	+0.006%	$518K	$774K	10x	as long as short
Phoenix XRP	+0.0528%	1h	1.5170	−0.197%	$67K	$110K	15x	as long as short
Aftermath Perps XRPUSD	+0.0665%	1h	1.5197	−0.021%	$2K	$15K	10x	as long as short