Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h +0.002%

Price spread now: Kalshi against Aevo+0.054%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kalshi is 0.054% dearer against Aevo than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo VVV-PERP	31.904	0.0104	pay 0.0013% / 1h	7m 55s	$6K	—	3x
Short	Kalshi KXVVVPERP	31.921	0	get 0.0000% / 8h	3h 07m	$114K	$6.5M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee KalshibpOrdersPrice spread, now +0.054%Rate

Funding earned: −$21.84
Price spread: +0.054% → 0.000%: $5.39
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$42.45
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Kalshi: live order book, 1 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 1 min ago	4.54 bp	9.5 bp −$10	13.7 bp −$137	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

VVV on 33 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
Polymarket Perps VVV-USD	−0.0235%	1h	31.894	−0.031%	$159K	$1.2M	3x	as long as short
Bybit VVVUSDT	−0.0171%	4h	31.914	+0.032%	$39.0M	$51.6M	20x	as long as short
Gate VVV_USDT	−0.0138%	4h	31.896	−0.024%	$10.7M	$7.4M	25x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.915	+0.034%	$392K	$600K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.950	+0.145%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERPshort	0.0000%	8h	31.921	+0.054%	$114K	$6.5M	1.7x
Phoenix VVV	0.0000%	1h	31.867	−0.115%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.907	+0.009%	$89K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.923	+0.061%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.872%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0045%	4h	31.896	−0.024%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.906	+0.006%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.894	−0.031%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.921	+0.054%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.929	+0.079%	$74.1M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.912	+0.026%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.919	+0.048%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.920	+0.050%	$33.5M	$154.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.923	+0.060%	$4.7M	$41.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.927	+0.073%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.940	+0.113%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.908	+0.013%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.915	+0.035%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.937	+0.105%	$123K	$335K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.923	+0.061%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.915	+0.036%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.932	+0.088%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.918	+0.044%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.913	+0.030%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERPlong	+0.0104%	1h	31.904	long leg	$6K	—	3x
edgeX VVVUSDC	+0.0117%	4h	31.953	+0.155%	$79K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	31.915	+0.035%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.927	+0.073%	$245K	$1.2M	25x	as long as short