Funding you earn now, next payment 07:00 UTC−0.0115%/8h= −12.5% APRpaid last 24h −0.036%
Price spread now: Extended against Kalshi−0.195%7-day average −0.082% · 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−$35as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days+0.111%+$11 · spread now −0.195%, 7d avg −0.082%
=Together, before fees+0.100%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.114% cheaper against Kalshi than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXXRPPERP | 1.5148 | 0.0219 | pay 0.0219% / 8h | 5h 51m | $1.8M | $35.4M | 2.9x |
| Short | Extended XRP-USD | 1.5118 | 0.0104 | get 0.0013% / 1h | 51m 43s | $2.1M | $6.9M | 50x |
Kalshi KXXRPPERP
Extended XRP-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kalshi. 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
- −$24.06
- Price spread: −0.195% → −0.082%
- −$11.36
- Slippage, 4 orders
- −$8.22
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$58.64
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from Kalshi: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago | 0.66 bp | 10.7 bp −$11 | 13.5 bp −$135 | 19.3 bp −$1,934 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.33 bp | 2.8 bp −$3 | 4.9 bp −$49 | doesn't fit | 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 | 1.5138 | −0.066% | $5K | $3K | 20x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5122 | −0.169% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5140 | −0.053% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5123 | −0.165% | $245K | — | 150x | as long as short |
| Kraken Futures PF_XRPUSD | +0.0025% | 1h | 1.5125 | −0.150% | $14.4M | $75.2M | 50x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.720% | $2K | $107K | 30x | as long as short |
| 01 Exchange XRPUSD | +0.0064% | 1h | 1.5131 | −0.112% | $8K | $8K | 10x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0078% / S −0.0025% | 1h | 1.5122 | −0.171% | $797K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0081% | 1h | 1.5129 | −0.125% | $7.7M | $25.1M | 50x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5123 | −0.166% | $2.8M | $15.1M | 20x | as long as short |
Hotstuff XRP-PERP
dYdX XRP-USD
Phoenix XRP
gTrade (Gains Network) XRP/USD
Kraken Futures PF_XRPUSD
Injective XRP/USDC PERP
01 Exchange XRPUSD
GMX XRP/USD [ETH-USDC]
Deribit XRP_USDC-PERPETUAL
Lighter XRPShow all 51 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH XRP | +0.0096% | 1h | 1.5124 | −0.158% | $545K | $3.2M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5123 | −0.165% | $12K | $367K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5127 | −0.138% | $994K | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5123 | −0.165% | $38.4M | $87.5M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5124 | −0.157% | $602K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5121 | −0.181% | $527.5M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5119 | −0.191% | $343.7M | $967.1M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5119 | −0.191% | $126.8M | $889.1M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5129 | −0.125% | $564K | $32K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5127 | −0.139% | $143K | $718K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5129 | −0.126% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5121 | −0.178% | $371.9M | $158.3M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5121 | −0.178% | $297.5M | $917.7M | 300x | as long as short |
| KuCoin XRPUSDTM | +0.0100% | 8h | 1.5124 | −0.161% | $107.2M | $182.1M | 75x | as long as short |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5118 | −0.198% | $266.2M | $399.2M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5120 | −0.185% | — | $106.2M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5135 | −0.087% | $4.7M | $38.5M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5144 | −0.027% | $658K | $114.2M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5131 | −0.110% | $1.1M | $36.2M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5156 | +0.053% | $1.2M | $1.2M | 50x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5126 | −0.145% | $46K | $491K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5123 | −0.163% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5124 | −0.158% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5125 | −0.150% | $814K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5129 | −0.125% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5125 | −0.152% | $28K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5151 | +0.020% | $49.5M | $15.7M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5128 | −0.132% | $54.0M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5127 | −0.139% | $472K | $55K | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5134 | −0.095% | — | $15K | 10x | as long as short |
| Extended XRP-USDshort | +0.0104% | 1h | 1.5118 | −0.195% | $2.1M | $6.9M | 50x | |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5124 | −0.162% | $58K | $25K | 3x | as long as short |
| Backpack XRP_USDC_PERP | +0.0155% | 1h | 1.5131 | −0.112% | $2.0M | $1.4M | 25x | as long as short |
| Hyperliquid XRP | +0.0162% | 1h | 1.5134 | −0.092% | $288.7M | $264.1M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0168% | 1h | 1.5145 | −0.020% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0176% | 1h | 1.5130 | −0.119% | $5.7M | $48.2M | 50x | as long as short |
| Reya XRPRUSDPERP | +0.0219% | 1h | 1.5120 | −0.183% | $1.3M | $5K | 15x | as long as short |
| Kalshi KXXRPPERPlong | +0.0219% | 8h | 1.5148 | long leg | $1.8M | $35.4M | 2.9x | |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5145 | −0.020% | $23.5M | $77.7M | 125x | as long as short |
| RISEx XRP/USDC | +0.0316% | 1h | 1.5132 | −0.103% | $522K | $796K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0558% | 1h | 1.5147 | −0.004% | $2K | $16K | 10x | as long as short |
Lighter RH XRP
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
Gate XRP_USDT
MEXC XRP_USDT
KuCoin XRPUSDTM
Bitget XRPUSDT
BingX XRP-USDT
Variational Omni XRP
edgeX XRPUSDC
GRVT XRP_USDT_Perp
ApeX Omni XRPUSDT
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
Vest XRP-PERP
Aevo XRP-PERP
Backpack XRP_USDC_PERP
Hyperliquid XRP
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD