Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.015%

Price spread now: Kalshi against MEXC−0.037%7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$380.375% of the position

Long on MEXC Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 7 days−0.051%−$5 · spread now −0.037%, 7d avg −0.032%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	32.273	0.0100	pay 0.0050% / 4h	1h 15m	$6.3M	$7.1M	50x
Short	Kalshi KXVVVPERP	32.261	0.0100	get 0.0100% / 8h	5h 15m	$107K	$6.9M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against MEXC. 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 MEXCbpFee KalshibpOrdersPrice spread, now −0.037%Rate

Funding earned: $0.08
Price spread: −0.037% → −0.032%: −$0.55
Slippage, 4 orders: −$27.5
Fee MEXC: 0 bp × 2 orders: $0
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$37.96
Costs to cover: 0.375%
Break-even: 3178.8 days

Slippage from MEXC: live order book, 2 min ago; Kalshi: 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 MEXC live order book, 2 min ago	0.62 bp	3.2 bp −$3	51.6 bp −$516	238.6 bp −$23.9K	doesn't fit
Sell Kalshi live order book, 3 min ago	7.15 bp	13.2 bp −$13	23.8 bp −$238	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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.205	−0.212%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.193	−0.249%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.695%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	32.190	−0.257%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.255	−0.057%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.213	−0.186%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.131	−0.440%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.188	−0.265%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.263	−0.031%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.271	−0.007%	$185K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.280	+0.023%	$33.7M	$157.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.271	−0.007%	$39.7M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.277	+0.012%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.262	−0.034%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	32.273	long leg	$6.3M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.233	−0.124%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.257	−0.050%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.276	+0.009%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.091	−0.564%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.172	−0.313%	$139K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.203	−0.218%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.209	−0.198%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.275	+0.007%	$3K	$106	5x	as long as short
Kalshi KXVVVPERPshort	+0.0100%	8h	32.261	−0.037%	$107K	$6.9M	1.7x
Extended VVV-USD	+0.0104%	1h	32.277	+0.012%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.196	−0.240%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.191	−0.255%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.233	−0.123%	$240K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.270	−0.009%	$397K	$603K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0186% / S +0.0167%	1h	32.189	−0.260%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0223%	1h	32.232	−0.128%	$122K	$373K	5x	as long as short
Hyperliquid VVV	+0.0317%	1h	32.246	−0.084%	$74.8M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0344%	1h	32.280	+0.022%	$12K	$3K	3x	as long as short