Funding you earn now, next payment 08:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.058%
Price spread now: Kalshi against edgeX+0.191%79s7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.191%, 7d avg +0.076%
=Together, before fees+0.137%+ Points / potential airdropedgeX: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 0.115% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.076%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XRPUSDC | 1.5151 | 0.0100 | pay 0.0050% / 4h | 9m 48s | $658K | $113.7M | 30x |
| Short | Kalshi KXXRPPERP | 1.5180 | 0.0166 | get 0.0166% / 8h | 4h 09m | $1.8M | $33.8M | 2.9x |
edgeX XRPUSDC
Kalshi KXXRPPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $13.9
- Price spread: +0.191% → +0.076%
- $11.54
- Slippage, 4 orders
- −$10.81
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$4.37
- Costs to cover
- 0.298%
- Break-even
- 9.2 days
Slippage from edgeX: live order book, 4 min ago; Kalshi: live order book, 4 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 edgeX live order book, 4 min ago | 0.99 bp | 5.5 bp −$5 | 5.5 bp −$55 | 8.8 bp −$881 | doesn't fit |
| Sell Kalshi live order book, 4 min ago | 2.31 bp | 8.6 bp −$9 | 11.9 bp −$119 | 16.8 bp −$1,685 | 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 | 1.5184 | +0.217% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5175 | +0.160% | $1.1M | $148K | 10x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5191 | +0.262% | $247K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.699% | $2K | $107K | 30x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0078% | 1h | 1.5193 | +0.278% | $14.6M | $73.6M | 50x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0079% | 1h | 1.5198 | +0.310% | $7.7M | $24.0M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5193 | +0.278% | $2.8M | $15.2M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5197 | +0.303% | $605K | $3.2M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0096% | 1h | 1.5177 | +0.171% | $17K | $78K | 7x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5181 | +0.198% | $20K | $382K | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
Kraken Futures PF_XRPUSD
Deribit XRP_USDC-PERPETUAL
Lighter XRP
Lighter RH XRP
Hibachi XRP/USDT-P
Katana Perps XRP-USDShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado XRP-PERP | +0.0100% | 1h | 1.5187 | +0.241% | $1.0M | $6.3M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5179 | +0.187% | $38.5M | $86.1M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5183 | +0.214% | $611K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5176 | +0.165% | $529.4M | $2.21B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5174 | +0.151% | $349.8M | $949.6M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5176 | +0.165% | $127.2M | $863.5M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5172 | +0.138% | $564K | $33K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5193 | +0.277% | $144K | $714K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5178 | +0.178% | $1.6M | $13K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5176 | +0.165% | $377.8M | $162.7M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5179 | +0.184% | $310.8M | $929.2M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5182 | +0.205% | $106.7M | $183.2M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5174 | +0.151% | $268.7M | $388.8M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5183 | +0.211% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5163 | +0.076% | $4.8M | $38.7M | — | as long as short |
| edgeX XRPUSDClong | +0.0100% | 4h | 1.5151 | long leg | $658K | $113.7M | 30x | |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5180 | +0.190% | $1.1M | $34.3M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5182 | +0.204% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5192 | +0.272% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5199 | +0.316% | $52K | $514K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5192 | +0.272% | $41K | $69K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5195 | +0.290% | $77K | $689K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5192 | +0.270% | $817K | $76K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5178 | +0.180% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5193 | +0.277% | $30K | $1.5M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5191 | +0.266% | $49.6M | $15.4M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5195 | +0.290% | $54.2M | $32.7M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5184 | +0.216% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5176 | +0.164% | $2.1M | $6.9M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0104% | 1h | 1.5192 | +0.270% | $8K | $2K | 10x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5192 | +0.270% | $58K | $25K | 3x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0108% / S −0.0072% | 1h | 1.5191 | +0.261% | $774K | — | 200x | as long as short |
| Hyperliquid XRP | +0.0142% | 1h | 1.5190 | +0.257% | $290.0M | $268.1M | 20x | as long as short |
| Kalshi KXXRPPERPshort | +0.0166% | 8h | 1.5180 | +0.191% | $1.8M | $33.8M | 2.9x | |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5201 | +0.330% | $5.6M | $48.0M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0178% | 1h | 1.5201 | +0.330% | $2.0M | $1.4M | 25x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5172 | +0.138% | $23.6M | $77.6M | 125x | as long as short |
| Reya XRPRUSDPERP | +0.0220% | 1h | 1.5196 | +0.295% | $1.3M | $4K | 15x | as long as short |
| RISEx XRP/USDC | +0.0394% | 1h | 1.5193 | +0.275% | $521K | $798K | 10x | as long as short |
| Phoenix XRP | +0.0526% | 1h | 1.5180 | +0.191% | $67K | $110K | 15x | as long as short |
| Aftermath Perps XRPUSD | +0.0584% | 1h | 1.5172 | +0.141% | $2K | $16K | 10x | as long as short |
Nado XRP-PERP
Aster XRPUSDT
Pacifica XRP
Binance XRPUSDT
Bybit XRPUSDT
OKX XRP-USDT-SWAP
Ondo Perps XRP-USD.P
Arcus XRP-USD
Bulk XRP-USD
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
Vest XRP-PERP
Polymarket Perps XRP-USD
Bullet XRP-USD
Orderly PERP_XRP_USDC
Derive XRP-PERP
SunX XRP-USDT
SoDEX XRP-USD
HTX XRP-USDT
Phemex XRPUSDT
Paradex XRP-USD-PERP
Extended XRP-USD
01 Exchange XRPUSD
Aevo XRP-PERP
GMX XRP/USD [ETH-USDC]
Hyperliquid XRP
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
BloFin XRP-USDT
Reya XRPRUSDPERP
RISEx XRP/USDC
Phoenix XRP
Aftermath Perps XRPUSD