After costs, if the gap returns to its 7d average, $10k−$61
spread now+0.009%7d average−0.059%fees + slippage, in and out−$68spread needed0.678%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 31.014 | 0 | get 0.0000% / 8h | 3h 46m | $132K | $6.9M | 1.7x |
| Short | Bybit VVVUSDT | 31.017 | 0.0100 | get 0.0050% / 4h | 3h 46m | $38.8M | $49.3M | 20x |
Bybit VVVUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.87
- Funding while held
- $3
- Slippage, 4 orders
- −$46.77
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.9
- Spread needed to break even
- 0.678%
Slippage from Kalshi: live order book, 4 min ago; Bybit: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- Average in range /8h
- —
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, 4 min ago | 6.95 bp | 15.6 bp −$16 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.49 bp | 18.7 bp −$19 | 72.5 bp −$725 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni30.802cheapestCoinbase International31.004+0.657%Lighter RH31.006+0.664%Derive31.009+0.672%Lighter31.016+0.695%
Variational Omni
Coinbase International
Lighter RH
Derive
LighterBybit31.017+0.698%
Bitget31.018+0.703%Deribit31.020+0.708%RISEx31.023+0.718%OKX31.023+0.719%Extended31.023+0.719%Gate31.025+0.725%Polymarket Perps31.025+0.725%MEXC31.029+0.738%Binance31.030+0.741%Phemex31.032+0.748%BingX31.035+0.758%Nado31.036+0.763%01 Exchange31.038+0.767%Paradex31.039+0.771%GMX31.041+0.778%Hyperliquid31.042+0.780%gTrade (Gains Network)31.042+0.781%Backpack31.048+0.801%Pacifica31.049+0.802%Aster31.050+0.808%Aevo31.053+0.817%KuCoin31.062+0.845%edgeX31.063+0.847%Phoenix31.079+0.901%BloFin31.099+0.965%
Bitget
Deribit
RISEx
OKX
Extended
Gate
Polymarket Perps
MEXC
Binance
Phemex
BingX
Nado
Paradex
GMX
Hyperliquid
gTrade (Gains Network)
Backpack
Pacifica
Aster
Aevo
KuCoin
Phoenix
BloFinInjective32.820+6.553%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.685% | +0.0100% | 4h | $2.1M | $239K | — | as long as short |
| Coinbase International VVV-PERP-INTX | −0.032% | +0.0200% | 1h | $221K | $1.3M | 25x | as long as short |
| Lighter RH VVV | −0.026% | +0.0096% | 1h | $463K | $1.5M | 5x | as long as short |
| Derive VVV-PERP | −0.017% | +0.0100% | 1h | $414 | $343 | 5x | as long as short |
| Kalshi KXVVVPERPlong | 0.000% | 0.0000% | 8h | $132K | $6.9M | 1.7x | |
| Lighter VVV | +0.005% | +0.0096% | 1h | $2.1M | $5.0M | 5x | as long as short |
| Bybit VVVUSDTshort | +0.009% | +0.0100% | 4h | $38.8M | $49.3M | 20x | |
| Bitget VVVUSDT | +0.013% | +0.0100% | 4h | $5.7M | $8.1M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.019% | 0.0000% | 1h | $92K | $19K | 10x | as long as short |
| RISEx VVV/USDC | +0.029% | +0.0156% | 1h | $373K | $555K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX VVV-USDT-SWAP | +0.029% | +0.0100% | 4h | $5.1M | $39.4M | 20x | as long as short |
| Extended VVV-USD | +0.030% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| Gate VVV_USDT | +0.035% | +0.0100% | 4h | $10.5M | $7.3M | 25x | as long as short |
| Polymarket Perps VVV-USD | +0.035% | +0.0100% | 1h | $136K | $878K | 3x | as long as short |
| MEXC VVV_USDT | +0.048% | +0.0100% | 4h | $15.4M | $6.6M | 50x | as long as short |
| Binance VVVUSDT | +0.052% | +0.0100% | 4h | $34.5M | $149.3M | 25x | as long as short |
| Phemex VVVUSDT | +0.058% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| BingX VVV-USDT | +0.068% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Nado VVV-PERP | +0.073% | +0.0100% | 1h | $128K | $639K | 3x | as long as short |
| 01 Exchange VVVUSD | +0.077% | +0.0152% | 1h | $11K | $3K | 3x | as long as short |
| Paradex VVV-USD-PERP | +0.080% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.088% | L +0.0437% / S −0.0200% | 1h | $514K | — | 100x | as long as short |
| Hyperliquid VVV | +0.090% | +0.0100% | 1h | $71.4M | $51.9M | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.091% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Backpack VVV_USDC_PERP | +0.111% | +0.0685% | 1h | $124K | $367K | 5x | as long as short |
| Pacifica VVV | +0.112% | +0.0100% | 1h | $171K | $163K | 10x | as long as short |
| Aster VVVUSDT | +0.118% | +0.0100% | 4h | $352K | $1.7M | 10x | as long as short |
| Aevo VVV-PERP | +0.127% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| KuCoin VVVUSDTM | +0.155% | +0.0100% | 4h | $2.4M | $2.4M | 20x | as long as short |
| edgeX VVVUSDC | +0.157% | +0.0114% | 4h | $77K | $326K | 10x | as long as short |
| Phoenix VVV | +0.210% | +0.0232% | 1h | $55K | $297K | 5x | as long as short |
| BloFin VVV-USDT | +0.274% | +0.0087% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Injective VVV/USDC PERP | +5.823% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |