Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.009%

Price spread now: KuCoin against Kalshi+0.931%7-day average −0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$116as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$1131.133% of the position

Long on Kalshi Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.028%−$3 on $10k

Price spread, last 7 days−0.843%−$84 · spread now +0.931%, 7d avg −0.017%

Together, before fees−0.870%−$87 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 KuCoin is 0.948% dearer against Kalshi than usual: you sell high and buy low: +$95 more if the spread goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kalshi KXVVVPERP	31.786	0	get 0.0000% / 8h	2h 09m	$136K	$5.4M	1.7x
Short	KuCoin VVVUSDTM	32.082	0.0100	get 0.0050% / 4h	2h 09m	$1.7M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.931%Rate

Funding earned: $21
Price spread: +0.931% → −0.017%: $94.81
Slippage, 4 orders: −$91.31
Fee Kalshi: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $2.5
Costs to cover: 1.133%
Break-even: 6.2 days

Slippage from Kalshi: live order book, 2 min ago; KuCoin: live order book, 5 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	4.43 bp	15.3 bp −$15	23.9 bp −$239	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	11.26 bp	40.1 bp −$40	216.2 bp −$2,162	doesn't fit	doesn't fit

VVV on 32 exchanges

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	31.654	−0.415%	$387K	$703K	5x	as long as short
Gate VVV_USDT	−0.0060%	4h	32.090	+0.956%	$12.6M	$4.7M	25x	as long as short
Kalshi KXVVVPERPlong	0.0000%	8h	31.786	long leg	$136K	$5.4M	1.7x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.155	+1.162%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.253%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0040%	1h	32.200	+1.302%	$181K	$1.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.152	+1.152%	$2.0M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.158	+1.170%	$489K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.192	+1.279%	$192K	$973K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.171	+1.210%	$253K	$501K	10x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.158	+1.170%	$190K	$116K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.212	+1.340%	$34.0M	$99.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.163	+1.186%	$39.0M	$38.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.195	+1.287%	$4.9M	$24.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.084	+0.938%	$7.5M	$4.5M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.082	+0.931%	$1.7M	$2.6M	20x
Bitget VVVUSDT	+0.0100%	4h	32.061	+0.865%	$5.7M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.085	+0.941%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.538	−0.779%	$2.0M	$336K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.670	−0.365%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.247	+1.450%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.100	+0.988%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.067	+0.885%	$300K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.151	+1.150%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.548	−0.748%	$78K	$322K	10x	as long as short
BloFin VVV-USDT	+0.0132%	4h	31.566	−0.692%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0279%	1h	31.580	−0.648%	$33K	$188K	5x	as long as short
01 Exchange VVVUSD	+0.0312%	1h	32.058	+0.856%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0219%	1h	31.555	−0.726%	$508K	—	100x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0512%	1h	32.302	+1.623%	$89K	$17K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0568%	1h	32.241	+1.432%	$172K	$247K	5x	as long as short
Hyperliquid VVV	+0.0573%	1h	32.211	+1.337%	$72.2M	$42.2M	3x	as long as short