Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.8% APRpaid last 24h −0.008%

Price spread now: Aster against Kalshi+0.126%7-day average +0.050% · 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−$58as in the Price arb table

costs, in and out, $10k−$660.658% of the position

Long on Kalshi Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.042%+$4 on $10k

Price spread, last 7 days+0.041%+$4 · spread now +0.126%, 7d avg +0.050%

Together, before fees+0.083%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.076% dearer against Kalshi than usual: you sell high and buy low (spread +0.126% now, against its 7-day average of +0.050%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXVVVPERP	31.062	0.0181	pay 0.0181% / 8h	6h 19m	$99K	$5.5M	1.7x
Short	Aster VVVUSDT	31.101	0.0100	get 0.0050% / 4h	2h 19m	$247K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kalshi. 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 KalshibpFee AsterbpOrdersPrice spread, now +0.126%Rate

Funding earned: −$16.93
Price spread: +0.126% → +0.050%: $7.6
Slippage, 4 orders: −$47.77
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$75.1
Costs to cover: 0.658%
Break-even: never at this rate

Slippage from Kalshi: live order book, 4 min ago; Aster: live order book, 3 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, 4 min ago	4.85 bp	12.4 bp −$12	20.7 bp −$207	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	2.10 bp	24.1 bp −$24	66.1 bp −$661	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	−0.0329%	1h	31.058	−0.012%	$389K	$644K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−1.391%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.062	0.000%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.660%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.035	−0.089%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.061	−0.003%	$453K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.044	−0.057%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.092	+0.095%	$164K	$891K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.097	+0.113%	$70.0M	$47.9M	3x	as long as short
Aster VVVUSDTshort	+0.0100%	4h	31.101	+0.126%	$247K	$1.0M	10x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	31.062	+0.002%	$183K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.129	+0.217%	$33.6M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.101	+0.126%	$38.5M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.154	+0.296%	$4.8M	$30.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.099	+0.119%	$10.9M	$5.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.126	+0.206%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.082	+0.064%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.092	+0.097%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.121	+0.190%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.914	−0.476%	$1.9M	$351K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.078	+0.052%	$120K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.046	−0.051%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.055	−0.023%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.095	+0.106%	$297K	$2.2M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	31.091	+0.093%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.125	+0.201%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.916	−0.471%	$77K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0148%	4h	30.951	−0.357%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERPlong	+0.0181%	8h	31.062	long leg	$99K	$5.5M	1.7x
Phoenix VVV	+0.0209%	1h	30.754	−0.992%	$32K	$243K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0407%	1h	31.074	+0.039%	$86K	$22K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0421% / S −0.0196%	1h	31.063	+0.004%	$497K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0427%	1h	31.116	+0.173%	$116K	$239K	5x	as long as short