Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.9% APRnext payment +$1.17 per $10,000 · paid last 24h +0.037%
Price spread now: Kalshi against KuCoin−0.020%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 7 days+0.085%+$9 · spread now −0.020%, 7d avg +0.038%
=Funding pays, the price is against you. Kalshi is 0.058% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.020% now, against its 7-day average of +0.038%). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XRPUSDTM | 1.5176 | 0.0100 | pay 0.0100% / 8h | 2h 08m | $107.2M | $181.4M | 75x |
| Short | Kalshi KXXRPPERP | 1.5173 | 0.0217 | get 0.0217% / 8h | 6h 08m | $1.7M | $35.5M | 2.9x |
KuCoin XRPUSDTM
Kalshi KXXRPPERPFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $24.66
- Price spread: −0.020% → +0.038%
- −$5.8
- Slippage, 4 orders
- −$13.41
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Net
- −$16.56
- Costs to cover
- 0.354%
- Break-even
- 11.7 days
Slippage from KuCoin: 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 KuCoin live order book, 6 min ago | 0.53 bp | 8.3 bp −$8 | 11.7 bp −$117 | doesn't fit | doesn't fit |
| Sell Kalshi live order book, 6 min ago | 1.98 bp | 11.0 bp −$11 | 12.5 bp −$125 | 20.2 bp −$2,019 | 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 | 1.5161 | −0.099% | $5K | $3K | 20x | as long as short |
| Kraken Futures PF_XRPUSD | −0.0001% | 1h | 1.5173 | −0.017% | $14.4M | $74.9M | 50x | as long as short |
| dYdX XRP-USD | 0.0000% | 1h | 1.5172 | −0.029% | $1.1M | $148K | 10x | as long as short |
| Phoenix XRP | 0.0000% | 1h | 1.5090 | −0.567% | $67K | $110K | 15x | as long as short |
| gTrade (Gains Network) XRP/USD | L +0.0003% / S −0.0004% | 1h | 1.5174 | −0.014% | $246K | — | 150x | as long as short |
| Injective XRP/USDC PERP | +0.0033% | 1h | 1.5560 | +2.530% | $2K | $107K | 30x | as long as short |
| GMX XRP/USD [ETH-USDC] | L +0.0073% / S −0.0018% | 1h | 1.5173 | −0.017% | $800K | — | 200x | as long as short |
| Deribit XRP_USDC-PERPETUAL | +0.0080% | 1h | 1.5179 | +0.020% | $7.8M | $25.5M | 50x | as long as short |
| 01 Exchange XRPUSD | +0.0088% | 1h | 1.5172 | −0.026% | $8K | $8K | 10x | as long as short |
| Lighter XRP | +0.0096% | 1h | 1.5173 | −0.019% | $2.8M | $15.1M | 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]
Deribit XRP_USDC-PERPETUAL
01 Exchange XRPUSD
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 | 1.5159 | −0.112% | $548K | $3.3M | 20x | as long as short |
| Katana Perps XRP-USD | +0.0099% | 8h | 1.5166 | −0.066% | $11K | $362K | 20x | as long as short |
| Nado XRP-PERP | +0.0100% | 1h | 1.5172 | −0.026% | $1.0M | $6.4M | 20x | as long as short |
| Aster XRPUSDT | +0.0100% | 8h | 1.5174 | −0.013% | $38.5M | $87.4M | 100x | as long as short |
| Pacifica XRP | +0.0100% | 1h | 1.5171 | −0.030% | $603K | $1.1M | 20x | as long as short |
| Binance XRPUSDT | +0.0100% | 8h | 1.5175 | −0.009% | $528.1M | $2.22B | 100x | as long as short |
| Bybit XRPUSDT | +0.0100% | 8h | 1.5175 | −0.007% | $345.1M | $965.8M | 100x | as long as short |
| OKX XRP-USDT-SWAP | +0.0100% | 8h | 1.5173 | −0.020% | $126.5M | $891.0M | 100x | as long as short |
| Ondo Perps XRP-USD.P | +0.0100% | 1h | 1.5137 | −0.257% | $563K | $35K | 5x | as long as short |
| Arcus XRP-USD | +0.0100% | 1h | 1.5178 | +0.013% | $143K | $715K | 20x | as long as short |
| Bulk XRP-USD | +0.0100% | 1h | 1.5132 | −0.291% | $1.6M | $5K | 20x | as long as short |
| Gate XRP_USDT | +0.0100% | 8h | 1.5174 | −0.013% | $374.5M | $161.5M | 100x | as long as short |
| MEXC XRP_USDT | +0.0100% | 8h | 1.5174 | −0.013% | $297.9M | $928.2M | 300x | as long as short |
| KuCoin XRPUSDTMlong | +0.0100% | 8h | 1.5176 | long leg | $107.2M | $181.4M | 75x | |
| Bitget XRPUSDT | +0.0100% | 8h | 1.5171 | −0.033% | $266.7M | $399.1M | 125x | as long as short |
| BingX XRP-USDT | +0.0100% | 8h | 1.5175 | −0.007% | — | $106.0M | — | as long as short |
| Variational Omni XRP | +0.0100% | 8h | 1.5143 | −0.218% | $4.6M | $38.4M | — | as long as short |
| edgeX XRPUSDC | +0.0100% | 4h | 1.5138 | −0.249% | $657K | $113.8M | 30x | as long as short |
| GRVT XRP_USDT_Perp | +0.0100% | 8h | 1.5148 | −0.185% | $1.1M | $37.1M | 20x | as long as short |
| ApeX Omni XRPUSDT | +0.0100% | 1h | 1.5147 | −0.191% | $1.2M | $1.2M | 50x | as long as short |
| Vest XRP-PERP | +0.0100% | 1h | 1.5172 | −0.027% | — | $15K | 10x | as long as short |
| Polymarket Perps XRP-USD | +0.0100% | 1h | 1.5179 | +0.020% | $52K | $488K | 20x | as long as short |
| Bullet XRP-USD | +0.0100% | 1h | 1.5173 | −0.022% | $41K | $70K | 20x | as long as short |
| Orderly PERP_XRP_USDC | +0.0100% | 8h | 1.5174 | −0.013% | $62K | $932K | 50x | as long as short |
| Derive XRP-PERP | +0.0100% | 1h | 1.5176 | −0.003% | $817K | $73K | 10x | as long as short |
| SunX XRP-USDT | +0.0100% | 8h | 1.5177 | +0.007% | $127K | $1.8M | 30x | as long as short |
| SoDEX XRP-USD | +0.0100% | 1h | 1.5172 | −0.026% | $29K | $1.6M | 10x | as long as short |
| HTX XRP-USDT | +0.0100% | 8h | 1.5160 | −0.107% | $49.6M | $15.6M | 75x | as long as short |
| Phemex XRPUSDT | +0.0100% | 8h | 1.5173 | −0.020% | $54.1M | $32.2M | 50x | as long as short |
| Paradex XRP-USD-PERP | +0.0100% | 8h | 1.5177 | +0.004% | $473K | $55K | 50x | as long as short |
| Extended XRP-USD | +0.0104% | 1h | 1.5168 | −0.052% | $2.0M | $6.8M | 50x | as long as short |
| Aevo XRP-PERP | +0.0104% | 1h | 1.5173 | −0.019% | $58K | $25K | 3x | as long as short |
| Hyperliquid XRP | +0.0143% | 1h | 1.5187 | +0.072% | $290.7M | $263.4M | 20x | as long as short |
| Hibachi XRP/USDT-P | +0.0176% | 1h | 1.5161 | −0.099% | $17K | $82K | 7x | as long as short |
| Coinbase International XRP-PERP-INTX | +0.0184% | 1h | 1.5179 | +0.020% | $5.7M | $48.6M | 50x | as long as short |
| Backpack XRP_USDC_PERP | +0.0207% | 1h | 1.5156 | −0.132% | $2.0M | $1.4M | 25x | as long as short |
| Kalshi KXXRPPERPshort | +0.0217% | 8h | 1.5173 | −0.020% | $1.7M | $35.5M | 2.9x | |
| Reya XRPRUSDPERP | +0.0218% | 1h | 1.5173 | −0.018% | $1.3M | $5K | 15x | as long as short |
| BloFin XRP-USDT | +0.0220% | 8h | 1.5150 | −0.171% | $23.2M | $77.4M | 125x | as long as short |
| RISEx XRP/USDC | +0.0305% | 1h | 1.5175 | −0.007% | $518K | $790K | 10x | as long as short |
| Aftermath Perps XRPUSD | +0.0582% | 1h | 1.5130 | −0.300% | $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
Bitget XRPUSDT
BingX XRP-USDT
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
Hibachi XRP/USDT-P
Coinbase International XRP-PERP-INTX
Backpack XRP_USDC_PERP
Reya XRPRUSDPERP
BloFin XRP-USDT
RISEx XRP/USDC
Aftermath Perps XRPUSD