Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0110%/8h= +12.0% APRpaid last 24h +0.009%

Price spread now: Kalshi against Pacifica−0.048%7-day average 0.000% · you buy dearer than you sell

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

Long on Pacifica Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 7 days+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.787%+$79 · spread now −0.048%, 7d avg 0.000%

Together, before fees+0.815%+ Points / potential airdropPacifica: Active · farm board+$81 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kalshi is 0.047% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of 0.000%). If the spread goes back, that is −$5 on $10k: about 35 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.028% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	30.575	0.0100	pay 0.0013% / 1h	37m 07s	$180K	$130K	10x
Short	Kalshi KXVVVPERP	30.560	0.0210	get 0.0210% / 8h	6h 37m	$93K	$5.4M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Pacifica. 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 PacificabpFee KalshibpOrdersPrice spread, now −0.048%Rate

Funding earned: $23.02
Price spread: −0.048% → 0.000%: −$4.74
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Kalshi: 5 bp × 2 orders: −$10
Net: $0.28
Costs to cover: 0.180%
Break-even: 6.9 days

Slippage unknown: Pacifica: live order book, 11 min ago; Kalshi: live order book, 2 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 Pacifica live order book, 11 min ago	5.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Kalshi live order book, 2 min ago	4.91 bp	15.7 bp −$16	23.3 bp −$233	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
RISEx VVV/USDC	−0.0329%	1h	30.533	−0.135%	$379K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	+0.181%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.602	+0.088%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.344%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	30.626	+0.168%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0062%	1h	30.572	−0.008%	$117K	$1.4M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0074%	1h	30.610	+0.117%	$85K	$22K	10x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.550	−0.080%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.620	+0.150%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.621	+0.152%	$446K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.546	−0.094%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.568	−0.023%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.636	+0.201%	$69.0M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.603	+0.094%	$243K	$1.0M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	30.575	long leg	$180K	$130K	10x
Binance VVVUSDT	+0.0100%	4h	30.622	+0.155%	$33.0M	$122.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.627	+0.173%	$38.0M	$41.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.617	+0.139%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.605	+0.099%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.623	+0.158%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.598	+0.077%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.615	+0.132%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.661	+0.283%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.591	+0.055%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.593	+0.062%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.626	+0.168%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.614	+0.128%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.574	−0.003%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.614	+0.128%	$76K	$332K	10x	as long as short
Phoenix VVV	+0.0209%	1h	30.579	+0.014%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERPshort	+0.0210%	8h	30.560	−0.048%	$93K	$5.4M	1.7x
Backpack VVV_USDC_PERP	+0.0394%	1h	30.659	+0.277%	$120K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.603	+0.094%	$534K	—	100x	as long as short