Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.010%

Price spread now: Pacifica against Kalshi−0.079%7-day average +0.002% · you buy dearer than you sell

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

Long on Kalshi Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 4 days (all we have)−0.822%−$82 · spread now −0.079%, 7d avg +0.002%

Together, before fees−0.836%+ Points / potential airdropPacifica: Active · farm board−$84 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.081% cheaper against Kalshi than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.002%). If the spread goes back, that is −$8 on $10k: about 2.7 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXVVVPERP	32.221	0	get 0.0000% / 8h	5h 08m	$107K	$6.9M	1.7x
Short	Pacifica VVV	32.195	0.0100	get 0.0013% / 1h	8m 37s	$192K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.079%Rate

Funding earned: $21
Price spread: −0.079% → +0.002%: −$8.15
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$5.15
Costs to cover: 0.180%
Break-even: 8.7 days

Slippage unknown: Kalshi: live order book, 5 min ago; Pacifica: live order book, 9 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 Kalshi live order book, 5 min ago	5.43 bp	16.2 bp −$16	25.6 bp −$256	doesn't fit	doesn't fit
Sell Pacifica live order book, 9 min ago	6.68 bp	23.7 bp −$24	doesn't fit	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
Kalshi KXVVVPERPlong	0.0000%	8h	32.221	long leg	$107K	$6.9M	1.7x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.194	−0.085%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.199	−0.069%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.859%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0050%	4h	32.211	−0.031%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.206	−0.047%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.177	−0.137%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.068%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.182	−0.119%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.200	−0.065%	$265K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVVshort	+0.0100%	1h	32.195	−0.079%	$192K	$191K	10x
Binance VVVUSDT	+0.0100%	4h	32.187	−0.105%	$33.7M	$157.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.168	−0.164%	$39.5M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.185	−0.112%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.188	−0.102%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.198	−0.071%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.189	−0.099%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.174	−0.146%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.183	−0.118%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	−0.107%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.182	−0.121%	$141K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.196	−0.079%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.194	−0.084%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.191	−0.094%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.168	−0.163%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.188	−0.103%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.198	−0.071%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.218	−0.008%	$238K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.157	−0.198%	$395K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0186% / S +0.0168%	1h	32.196	−0.078%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0218%	1h	32.216	−0.015%	$122K	$365K	5x	as long as short
Hyperliquid VVV	+0.0248%	1h	32.220	−0.003%	$74.8M	$55.8M	3x	as long as short
01 Exchange VVVUSD	+0.0304%	1h	32.199	−0.068%	$12K	$3K	3x	as long as short