Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h +0.061%

Price spread now: 01 Exchange against Kalshi−0.003%7-day average — · you buy dearer than you sell

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

Long on Kalshi Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXVVVPERP	31.548	0	get 0.0000% / 8h	2h 59m	$107K	$5.3M	1.7x
Short	01 Exchange VVVUSD	31.547	0.0288	get 0.0036% / 1h	59m 42s	$11K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.003%Rate

Funding earned: $60.48
Price spread: −0.003% → 0.000%: −$0.32
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $43.16
Costs to cover: 0.170%
Break-even: 2.0 days

Slippage unknown: Kalshi: live order book, 4 min ago; 01 Exchange: no order-book sample. 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, 4 min ago	3.16 bp	16.1 bp −$16	22.3 bp −$223	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 32 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	−0.0349%	1h	31.512	−0.114%	$386K	$699K	5x	as long as short
Gate VVV_USDT	−0.0142%	4h	31.472	−0.241%	$12.0M	$5.0M	25x	as long as short
Kalshi KXVVVPERPlong	0.0000%	8h	31.548	long leg	$107K	$5.3M	1.7x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.496	−0.164%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−0.677%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.517	−0.097%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.032%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0044%	4h	31.601	+0.168%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.485	−0.199%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.491	−0.181%	$501K	$1.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.452	−0.303%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.547	−0.002%	$188K	$1.0M	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.547	−0.003%	$70.2M	$43.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.512	−0.116%	$247K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.497	−0.163%	$186K	$117K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.499	−0.157%	$33.3M	$104.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.442	−0.337%	$38.3M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.453	−0.301%	$4.8M	$24.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.491	−0.181%	$7.3M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.506	−0.133%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.480	−0.216%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.465	−0.263%	—	$4.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.540	−0.025%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.537	−0.035%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.526	−0.070%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.619	+0.226%	$79K	$324K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.511	−0.119%	$294K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.525	−0.073%	$6K	—	3x	as long as short
Phoenix VVV	+0.0229%	1h	31.601	+0.168%	$33K	$201K	5x	as long as short
01 Exchange VVVUSDshort	+0.0288%	1h	31.547	−0.003%	$11K	$2K	3x
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0219%	1h	31.610	+0.197%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0699%	1h	31.540	−0.027%	$167K	$268K	5x	as long as short