Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h +0.002%

Price spread now: Kalshi against Aevo+0.260%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 5 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

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kalshi is 0.260% dearer against Aevo than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo VVV-PERP	30.741	0.0104	pay 0.0013% / 1h	47m 37s	$6K	—	3x
Short	Kalshi KXVVVPERP	30.821	0.0253	get 0.0253% / 8h	6h 47m	$94K	$5.5M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against Aevo. 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 AevobpFee KalshibpOrdersPrice spread, now +0.260%Rate

Funding earned: $31.29
Price spread: +0.260% → 0.000%: $26.02
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Kalshi: 5 bp × 2 orders: −$10
Net: $31.31
Costs to cover: 0.260%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Kalshi: live order book, 1 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 Aevo no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 1 min ago	4.39 bp	15.9 bp −$16	24.5 bp −$245	doesn't fit	doesn't fit

Aevo: 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 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	30.646	−0.309%	$381K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.723	−0.058%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.737	−0.014%	$86K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.739	−0.006%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.763%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0079%	1h	30.759	+0.059%	$117K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	30.711	−0.099%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.713	−0.091%	$448K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.674	−0.218%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.689	−0.168%	$134K	$870K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	30.721	−0.065%	$69.3M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.693	−0.156%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.713	−0.090%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.681	−0.195%	$33.1M	$122.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.652	−0.289%	$38.0M	$42.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.664	−0.250%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.689	−0.169%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.705	−0.117%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.728	−0.042%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.675	−0.215%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.675	−0.215%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.708	−0.107%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.731	−0.033%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.728	−0.042%	$2.0M	$2.1M	50x	as long as short
BloFin VVV-USDT	+0.0101%	4h	30.800	+0.192%	$1.3M	$1.5M	25x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.793	+0.168%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.669	−0.234%	$300K	$2.2M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	30.658	−0.270%	$11K	$3K	3x	as long as short
Aevo VVV-PERPlong	+0.0104%	1h	30.741	long leg	$6K	—	3x
Phoenix VVV	+0.0209%	1h	30.802	+0.198%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERPshort	+0.0253%	8h	30.821	+0.260%	$94K	$5.5M	1.7x
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.729	−0.038%	$536K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0498%	1h	30.738	−0.009%	$119K	$240K	5x	as long as short