Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.010%

Price spread now: Kalshi against OKX+0.067%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$610.610% of the position

Long on OKX Short on Kalshi

What this pair did over the last

the charts below follow

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

Price spread, last 7 days−0.045%−$4 · spread now +0.067%, 7d avg +0.008%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kalshi is 0.059% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.346	0.0100	pay 0.0050% / 4h	2h 01m	$4.7M	$39.1M	20x
Short	Kalshi KXVVVPERP	31.367	0.0118	get 0.0118% / 8h	2h 01m	$110K	$6.3M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against OKX. 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 OKXbpFee KalshibpOrdersPrice spread, now +0.067%Rate

Funding earned: $3.79
Price spread: +0.067% → +0.008%: $5.91
Slippage, 4 orders: −$40.95
Fee OKX: 5 bp × 2 orders: −$10
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$51.26
Costs to cover: 0.610%
Break-even: 101.7 days

Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago	0.64 bp	18.2 bp −$18	79.5 bp −$795	doesn't fit	doesn't fit
Sell Kalshi live order book, 3 min ago	3.83 bp	17.2 bp −$17	26.0 bp −$260	doesn't fit	doesn't fit

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	−0.0111%	1h	31.343	−0.010%	$385K	$643K	5x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.338	−0.026%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0010%	4h	31.327	−0.061%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.077%	$39K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.348	+0.006%	$20K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0028%	1h	31.347	+0.003%	$87K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.702%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.337	−0.028%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.336	−0.032%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.338	−0.027%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.366	+0.065%	$130K	$845K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.363	+0.054%	$72.3M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.363	+0.055%	$254K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.359	+0.040%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.351	+0.016%	$33.3M	$146.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.347	+0.003%	$38.4M	$49.9M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.346	long leg	$4.7M	$39.1M	20x
MEXC VVV_USDT	+0.0100%	4h	31.356	+0.032%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.346	0.000%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.341	−0.016%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.364	+0.057%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.347	+0.002%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.342	−0.013%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.359	+0.041%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.316	−0.097%	$78K	$336K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.353	+0.022%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.345	−0.004%	$6K	—	3x	as long as short
Kalshi KXVVVPERPshort	+0.0118%	8h	31.367	+0.067%	$110K	$6.3M	1.7x
01 Exchange VVVUSD	+0.0120%	1h	31.367	+0.067%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.340	−0.018%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	−0.041%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0290%	1h	31.370	+0.078%	$121K	$311K	5x	as long as short