Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.031%

Price spread now: Gate against Kalshi+0.218%48s7-day average −0.070% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$820.818% of the position

Long on Kalshi Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.115%−$11 on $10k

Price spread, last 7 days−0.259%−$26 · spread now +0.218%, 7d avg −0.070%

Together, before fees−0.373%−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.288% dearer against Kalshi than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.070%. Mind the row above: over the last 7 days funding on this pair cost −0.115%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXVVVPERP	32.577	0	get 0.0000% / 8h	5h 46m	$105K	$6.8M	1.7x
Short	Gate VVV_USDT	32.648	0.0100	get 0.0050% / 4h	1h 46m	$11.1M	$7.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.218%Rate

Funding earned: $21
Price spread: +0.218% → −0.070%: $28.84
Slippage, 4 orders: −$56.77
Fee Kalshi: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$31.93
Costs to cover: 0.818%
Break-even: 17.6 days

Slippage from Kalshi: live order book, 2 min ago; Gate: live order book, 2 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 Kalshi live order book, 2 min ago	7.98 bp	13.8 bp −$14	20.9 bp −$209	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.15 bp	29.4 bp −$29	135.1 bp −$1,351	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
Kalshi KXVVVPERPlong	0.0000%	8h	32.577	long leg	$105K	$6.8M	1.7x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.547	−0.093%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.659	+0.252%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.746%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.577	0.000%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.580	+0.009%	$487K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.658	+0.249%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.660	+0.255%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.628	+0.156%	$276K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.582	+0.016%	$187K	$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	32.656	+0.243%	$34.3M	$155.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.621	+0.135%	$40.2M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.661	+0.258%	$4.8M	$43.0M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	32.648	+0.218%	$11.1M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	32.647	+0.215%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.637	+0.184%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.642	+0.200%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.659	+0.252%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.608	+0.096%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.651	+0.227%	$143K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.556	−0.065%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.559	−0.055%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.628	+0.155%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.609	+0.099%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.572	−0.015%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.677	+0.306%	$81K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0124%	4h	32.608	+0.095%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.094%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.640	+0.192%	$400K	$592K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.655	+0.240%	$594K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0316%	1h	32.582	+0.014%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0504%	1h	32.664	+0.267%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0743%	1h	32.706	+0.396%	$76.2M	$55.3M	3x	as long as short