Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 28.070 | +0.0124 | pay 0.0124% / 8h | 4h 57m | $107K | $1.0M | 1.7x | Long Kalshi | |
| SHORT | 28.053 | +0.0447 | get 0.0040% / 43m | 29m 40s | $10K | $163K | 3x | Short Perpl |
Price gap−0.062%
Funding gap+0.0323% /8h
Funding pays +$10 a day on $10k, but the gap is 0.072% under its 7d average: −$7 if it goes back, about 18 hours of funding. At the last 7 days' pace that is about 4.0 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$13+0.0323% /8h now · paid +0.126% over the last 7D
Price−$7spread −0.062% now, avg +0.010% → −0.072% if it goes back
Costsno datano order book for Perpl
Result, before costs+$5+0.05%+ Points / potential airdropPerpl: points · farm boardcosts unknown: no order book for Perpl · What the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.126% in total, about +0.0060%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.062%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$5,668 + $3,333Kalshi 1.7x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$9.49Long Kalshi: 3 payments, −$3.71; short Perpl: 33 payments, +$13.20.
- Watch: Gap narrower than usual−0.062% vs +0.010%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$10K vs $107K OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCKalshi Yes · Perpl NoA US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0060%/8h × 21 periods+$12.65
Price spread−0.062% → +0.010% (7d avg)−$7.19
Slippage, 4 ordersno data for Perpl—
Fee Kalshi bp × 2 orders−$8.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k−$9.44
Costs to cover0.149%Break-even12.2 days
Slippage: Kalshi: live order book, 17 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGKalshi9.3013.3 bp−$1322.9 bp−$229doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |
| 09-21 04:31 | Bitget | Listing | $NEAR has surged over 80% in seven days after launching confidential-by-default perpetual futures. While $VVV is building privacy-focused AI that generates conversations and images without retaining user data. @bitget on X ↗ |
| 09-19 06:31 | OKX | Listing | Trending this week on OKX: • Listed: $VVV & $PONS global Spot • New: 3 Tokenized Stocks & 10 X-Perps pairs • Added: $AEON to X Drops 🇺🇸 • Live: 10 new USDC Spot Margin pairs 🇪🇺 @okx on X ↗ |

Derive
Avantis
Bitget
OKX