Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.061%

Price spread now: 01 Exchange against Kalshi+0.318%7-day average — · you sell dearer than you buy

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

Long on Kalshi Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 +$7 a day on $10k at the current rate, and 01 Exchange is 0.318% dearer against Kalshi than usual: you sell high and buy low: +$32 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	Kalshi KXVVVPERP	31.422	0	get 0.0000% / 8h	2h 57m	$100K	$5.3M	1.7x
Short	01 Exchange VVVUSD	31.522	0.0240	get 0.0030% / 1h	57m 11s	$11K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.318%Rate

Funding earned: $50.4
Price spread: +0.318% → 0.000%: $31.82
Slippage, 4 orders: no order book: not counted
Fee Kalshi: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: $65.22
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Kalshi: live order book, 2 min ago; 01 Exchange: no order-book sample. 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 Kalshi live order book, 2 min ago	5.25 bp	13.9 bp −$14	24.7 bp −$247	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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 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	−0.0166%	1h	31.484	+0.199%	$385K	$699K	5x	as long as short
Gate VVV_USDT	−0.0144%	4h	31.484	+0.197%	$12.1M	$4.5M	25x	as long as short
Kalshi KXVVVPERPlong	0.0000%	8h	31.422	long leg	$100K	$5.3M	1.7x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.523	+0.323%	$88K	$19K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.517	+0.304%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.449%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0040%	1h	31.334	−0.278%	$191K	$1.3M	25x	as long as short
BloFin VVV-USDT	+0.0090%	4h	31.515	+0.296%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.516	+0.300%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.520	+0.312%	$502K	$1.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.448	+0.083%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.516	+0.299%	$188K	$1.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.489	+0.212%	$247K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.447	+0.081%	$185K	$117K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.509	+0.277%	$33.3M	$103.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.502	+0.255%	$38.3M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.496	+0.236%	$4.8M	$24.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.528	+0.337%	$7.3M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.430	+0.025%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.502	+0.255%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.515	+0.296%	—	$4.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.540	+0.376%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.515	+0.296%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.512	+0.286%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.514	+0.294%	$294K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.480	+0.184%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	31.472	+0.161%	$78K	$322K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.574	+0.484%	$33K	$186K	5x	as long as short
01 Exchange VVVUSDshort	+0.0240%	1h	31.522	+0.318%	$11K	$2K	3x
Hyperliquid VVV	+0.0349%	1h	31.559	+0.436%	$70.2M	$43.3M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0219%	1h	31.610	+0.599%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0535%	1h	31.556	+0.426%	$167K	$268K	5x	as long as short