Efficient long-context inference faces two coupled bottlenecks: KV-cache memory grows linearly with context length, while attention computation grows quadratically. Existing approaches typically address one at the expense of irreversible token eviction, full-cache retention, or full-history reconstruction, limiting their effectiveness for multi-turn interaction and long-form reasoning. Motivated by two empirical properties, Long-Range Inter-Token Similarity and Smooth Residual Distribution, we propose ResidualKV, which factorizes the KV cache into a sparse set of globally retrieved references and compact, quantized residual codes for the remaining tokens. This representation preserves token-specific information without permanent eviction and, when combined with sparse attention, reconstructs only the selected states on demand. Dynamic-stride scheduling further reduces reference growth from linear to approximately logarithmic at ultra-long contexts. Across Llama, Qwen, LLaVA-OV, and Qwen3-VL backbones, ResidualKV maintains near-full-cache performance using only 13%-16% KV storage and 30% attention computation on LongBench, and 8%-10% storage and 10% computation in matched-budget multimodal evaluation. It also accelerates decoding by up to
1.5× with KV-cache quantization and
3.4× without it. These results show that global cross-token redundancy supports accurate, memory-efficient, and computation-efficient long-context inference. The source code is available at https://github.com/CURRENTF/ResidualKV.