Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.006%

Price spread now: Kalshi against Aster+1.035%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs+$44as in the Price arb table

costs, in and out, $10k−$650.648% of the position

Long on Aster Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.051%−$5 on $10k

Price spread, last 7 days−1.210%−$121 · spread now +1.035%, 7d avg −0.053%

Together, before fees−1.261%+ Points / potential airdropAster: Stage 5 · farm board−$126 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kalshi is 1.087% dearer against Aster than usual: you sell high and buy low: +$109 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 5 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VVVUSDT	31.245	0.0100	pay 0.0050% / 4h	1h 14m	$252K	$1.3M	10x
Short	Kalshi KXVVVPERP	31.568	0.0174	get 0.0174% / 8h	1h 14m	$99K	$5.9M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aster. 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 AsterbpFee KalshibpOrdersPrice spread, now +1.035%Rate

Funding earned: $15.51
Price spread: +1.035% → −0.053%: $108.72
Slippage, 4 orders: −$46.82
Fee Aster: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: $59.41
Costs to cover: 0.648%
Break-even: from the start

Slippage from Aster: live order book, 4 min ago; Kalshi: live order book, 4 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 Aster live order book, 4 min ago	4.10 bp	15.5 bp −$15	54.6 bp −$546	doesn't fit	doesn't fit
Sell Kalshi live order book, 4 min ago	7.25 bp	12.2 bp −$12	21.4 bp −$214	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0152%	1h	31.234	−0.035%	$392K	$644K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0096%	1h	31.215	−0.097%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.224	−0.068%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0008%	4h	31.231	−0.044%	$10.4M	$6.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.042%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0094%	1h	31.237	−0.025%	$131K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.242	−0.009%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.230	−0.047%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.238	−0.022%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.241	−0.010%	$145K	$849K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.268	+0.074%	$71.8M	$51.6M	3x	as long as short
Aster VVVUSDTlong	+0.0100%	4h	31.245	long leg	$252K	$1.3M	10x
Pacifica VVV	+0.0100%	1h	31.253	+0.025%	$187K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.242	−0.010%	$33.2M	$138.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.237	−0.025%	$38.4M	$45.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.257	+0.039%	$4.8M	$36.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.252	+0.023%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.240	−0.015%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.243	−0.006%	$5.7M	$7.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.245	+0.001%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.743	+1.596%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.210	−0.110%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.226	−0.060%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.233	−0.037%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.212	−0.105%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.737	+1.575%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0152%	4h	31.232	−0.041%	$1.2M	$1.7M	25x	as long as short
Phoenix VVV	+0.0153%	1h	31.777	+1.703%	$37K	$264K	5x	as long as short
01 Exchange VVVUSD	+0.0168%	1h	31.225	−0.063%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.315%	$145K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.209	−0.113%	$563K	—	100x	as long as short
Kalshi KXVVVPERPshort	+0.0174%	8h	31.568	+1.035%	$99K	$5.9M	1.7x
Backpack VVV_USDC_PERP	+0.0346%	1h	31.243	−0.006%	$123K	$287K	5x	as long as short