Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0122%/8h= +13.4% APRpaid last 24h +0.039%

Price spread now: Kalshi against gTrade (Gains Network)−0.067%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Kalshi

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Kalshi is 0.067% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 44 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VVV/USD	31.017	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	51m 49s	$18K	—	150x
Short	Kalshi KXVVVPERP	30.996	0.0127	get 0.0127% / 8h	1h 51m	$106K	$6.2M	1.7x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kalshi against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KalshibpOrdersPrice spread, now −0.067%Rate

Funding earned: $25.66
Price spread: −0.067% → 0.000%: −$6.74
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Kalshi: 5 bp × 2 orders: −$10
Net: −$3.08
Costs to cover: 0.220%
Break-even: 7.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Kalshi live order book, 2 min ago	6.43 bp	17.1 bp −$17	26.0 bp −$260	doesn't fit	doesn't fit

gTrade (Gains Network): 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	−0.0152%	1h	31.052	+0.112%	$381K	$644K	5x	as long as short
Gate VVV_USDT	−0.0054%	4h	30.937	−0.258%	$10.4M	$6.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0028%	1h	31.048	+0.100%	$133K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.014	−0.011%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0004%	1h	31.017	long leg	$18K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.813%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	31.058	+0.133%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.013	−0.013%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.012	−0.016%	$459K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.093	+0.245%	$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	31.034	+0.055%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.037	+0.065%	$71.4M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.007	−0.030%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.125	+0.348%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.969	−0.155%	$33.0M	$146.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.940	−0.248%	$38.1M	$49.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.958	−0.190%	$4.7M	$38.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.951	−0.212%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.937	−0.258%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.959	−0.187%	$5.6M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.946	−0.229%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.270	+0.817%	$2.0M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.001	−0.050%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.029	+0.039%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.123	+0.344%	$77K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.931	−0.276%	$291K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.996	−0.069%	$6K	—	3x	as long as short
Kalshi KXVVVPERPshort	+0.0127%	8h	30.996	−0.067%	$106K	$6.2M	1.7x
Phoenix VVV	+0.0153%	1h	31.101	+0.271%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.041	+0.079%	$154K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.005	−0.037%	$559K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0240%	1h	31.039	+0.071%	$122K	$308K	5x	as long as short