Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h +0.037%
Price spread now: Kalshi against Gate+0.059%48s7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as 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−$420.420% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days+0.015%+$1 · spread now +0.059%, 7d avg +0.046%
=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. The two prices were read 48 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 | Gate XRP_USDT | 1.5162 | 0.0100 | pay 0.0100% / 8h | 2h 03m | $374.7M | $162.1M | 100x |
| Short | Kalshi KXXRPPERP | 1.5171 | 0.0215 | get 0.0215% / 8h | 6h 03m | $1.7M | $35.5M | 2.9x |
Gate XRP_USDT
Kalshi KXXRPPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kalshi against Gate. 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
- $24.25
- Price spread: +0.059% → +0.046%
- $1.32
- Slippage, 4 orders
- −$17.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$16.47
- Costs to cover
- 0.420%
- Break-even
- 11.8 days
Slippage from Gate: live order book, 6 min ago; Kalshi: live order book, 6 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 Gate live order book, 6 min ago | 0.33 bp | 10.8 bp −$11 | 12.6 bp −$126 | 24.4 bp −$2,436 | 35.7 bp −$17.8K |
| Sell Kalshi live order book, 6 min ago | 2.31 bp | 10.7 bp −$11 | 12.1 bp −$121 | 18.0 bp −$1,805 | 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 | 1.5166 | +0.026% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5169 | +0.044% | $14.4M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5160 | −0.013% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5170 | +0.053% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5159 | −0.019% | $245K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.625% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0075% / S −0.0020% | 1h | 1.5159 | −0.017% | $799K | — | 200x | as long as short |
| 01 Exchange XRPUSD | +0.0080% | 1h | 1.5164 | +0.013% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5162 | −0.003% | $2.8M | $15.1M | 20x | as long as short |
| Lighter RH XRP | +0.0096% | 1h | 1.5164 | +0.013% | $548K | $3.3M | 20x | as long as short |
Hotstuff XRP-PERP
Kraken Futures PF_XRPUSD
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Injective XRP/USDC PERP
GMX XRP/USD [ETH-USDC]
01 Exchange XRPUSD
Lighter XRP
Lighter RH XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5152 | −0.066% | $11K | $361K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5157 | −0.032% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5161 | −0.007% | $38.5M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5164 | +0.011% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5164 | +0.013% | $527.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5164 | +0.013% | $344.2M | $966.3M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5167 | +0.033% | $126.5M | $891.4M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5159 | −0.020% | $564K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5168 | +0.040% | $143K | $717K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.199% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDTlong | +0.0100% | 8h | 1.5162 | long leg | $374.7M | $162.1M | 100x | |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5161 | −0.007% | $298.3M | $929.5M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5162 | −0.001% | $107.2M | $181.9M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5165 | +0.020% | $266.8M | $399.4M | 125x | as long as short |
| BingX XRP-USDC | +0.0100% | 8h | 1.5159 | −0.020% | — | $4.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5166 | +0.025% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5160 | −0.016% | $658K | $114.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5163 | +0.006% | $1.1M | $36.6M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5159 | −0.020% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5163 | +0.004% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5164 | +0.013% | $51K | $487K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5160 | −0.013% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5166 | +0.026% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5167 | +0.035% | $816K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5166 | +0.027% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5168 | +0.040% | $30K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5162 | +0.003% | $49.5M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5166 | +0.026% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5168 | +0.042% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5162 | 0.000% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5165 | +0.017% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0145% | 1h | 1.5172 | +0.066% | $289.6M | $264.2M | 20x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0146% | 1h | 1.5172 | +0.066% | $7.7M | $25.3M | 50x | as long as short |
| Hibachi XRP/USDT-P | +0.0184% | 1h | 1.5164 | +0.010% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5172 | +0.066% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0207% | 1h | 1.5169 | +0.046% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERPshort | +0.0215% | 8h | 1.5171 | +0.059% | $1.7M | $35.5M | 2.9x | |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5158 | −0.027% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5159 | −0.020% | $23.2M | $77.6M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5166 | +0.027% | $517K | $792K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0570% | 1h | 1.5157 | −0.033% | $2K | $16K | 10x | as long as short |
Katana Perps XRP-USD
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
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDC
Variational Omni XRP
edgeX XRPUSDC
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
Aevo XRP-PERP
Hyperliquid XRP
Deribit XRP_USDC-PERPETUAL
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD