After costs, if the gap returns to its 7d average, $10k+$68
spread now+1.252%7d average+0.105%fees + slippage, in and out−$46spread needed0.465%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 30.917 | 0 | get 0.0000% / 8h | 2h 29m | $137K | $6.6M | 1.7x |
| Short | Lighter RH VVV | 31.304 | 0.0096 | get 0.0012% / 1h | 29m 21s | $463K | $1.5M | 5x |
Lighter RH VVVPrice 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
- $125.17
- Funding while held
- $2.88
- Slippage, 4 orders
- −$36.46
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $81.59
- Spread needed to break even
- 0.465%
Slippage from Kalshi: live order book, 1 min ago; Lighter RH: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.88
- 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, 1 min ago | 7.02 bp | 18.2 bp −$18 | 33.2 bp −$332 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 3.88 bp | 7.3 bp −$7 | 25.0 bp −$250 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Phoenix30.788cheapestVariational Omni30.794+0.020%Coinbase International30.798+0.034%BloFin30.801+0.042%edgeX30.819+0.100%Phemex30.950+0.526%Derive30.969+0.587%Deribit30.985+0.639%Aevo31.109+1.042%BingX31.126+1.098%GMX31.128+1.105%OKX31.129+1.108%Bybit31.134+1.124%Extended31.135+1.126%gTrade (Gains Network)31.138+1.136%Backpack31.146+1.164%Binance31.155+1.191%Nado31.194+1.319%Polymarket Perps31.198+1.332%MEXC31.205+1.354%Bitget31.210+1.371%RISEx31.222+1.409%Gate31.226+1.423%Hyperliquid31.233+1.445%Aster31.238+1.462%KuCoin31.260+1.533%01 Exchange31.282+1.605%Paradex31.284+1.610%
Phoenix
Variational Omni
Coinbase International
BloFin
Phemex
Derive
Deribit
Aevo
BingX
GMX
OKX
Bybit
Extended
gTrade (Gains Network)
Backpack
Binance
Nado
Polymarket Perps
MEXC
Bitget
RISEx
Gate
Hyperliquid
Aster
KuCoin
ParadexLighter RH31.304+1.676%
Lighter31.312+1.703%Pacifica31.326+1.747%
Lighter
PacificaInjective32.820+6.600%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VVV | −0.417% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| Variational Omni VVV | −0.397% | +0.0100% | 4h | $2.1M | $209K | — | as long as short |
| Coinbase International VVV-PERP-INTX | −0.384% | +0.0176% | 1h | $219K | $1.0M | 25x | as long as short |
| BloFin VVV-USDT | −0.375% | +0.0123% | 4h | $1.3M | $1.6M | 25x | as long as short |
| edgeX VVVUSDC | −0.318% | +0.0113% | 4h | $77K | $327K | 10x | as long as short |
| Kalshi KXVVVPERPlong | 0.000% | 0.0000% | 8h | $137K | $6.6M | 1.7x | |
| Phemex VVVUSDT | +0.107% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Derive VVV-PERP | +0.168% | +0.0100% | 1h | $413 | $343 | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.219% | +0.0241% | 1h | $89K | $22K | 10x | as long as short |
| Aevo VVV-PERP | +0.620% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX VVV-USDT | +0.676% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.684% | L +0.0441% / S −0.0203% | 1h | $518K | — | 100x | as long as short |
| OKX VVV-USDT-SWAP | +0.686% | +0.0100% | 4h | $5.0M | $39.1M | 20x | as long as short |
| Bybit VVVUSDT | +0.703% | +0.0100% | 4h | $39.3M | $49.0M | 20x | as long as short |
| Extended VVV-USD | +0.704% | +0.0104% | 1h | $301K | $1.6M | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.714% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Backpack VVV_USDC_PERP | +0.742% | +0.0662% | 1h | $130K | $351K | 5x | as long as short |
| Binance VVVUSDT | +0.769% | +0.0100% | 4h | $34.1M | $148.7M | 25x | as long as short |
| Nado VVV-PERP | +0.896% | +0.0100% | 1h | $112K | $738K | 3x | as long as short |
| Polymarket Perps VVV-USD | +0.909% | +0.0100% | 1h | $129K | $853K | 3x | as long as short |
| MEXC VVV_USDT | +0.932% | +0.0100% | 4h | $15.5M | $6.4M | 50x | as long as short |
| Bitget VVVUSDT | +0.948% | +0.0100% | 4h | $5.7M | $8.1M | 20x | as long as short |
| RISEx VVV/USDC | +0.986% | +0.0082% | 1h | $387K | $571K | 5x | as long as short |
| Gate VVV_USDT | +0.999% | +0.0100% | 4h | $10.6M | $7.3M | 25x | as long as short |
| Hyperliquid VVV | +1.022% | +0.0241% | 1h | $71.8M | $51.5M | 3x | as long as short |
| Aster VVVUSDT | +1.039% | +0.0100% | 4h | $303K | $1.7M | 10x | as long as short |
| KuCoin VVVUSDTM | +1.109% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| 01 Exchange VVVUSD | +1.181% | +0.0376% | 1h | $11K | $3K | 3x | as long as short |
| Paradex VVV-USD-PERP | +1.186% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Lighter RH VVVshort | +1.252% | +0.0096% | 1h | $463K | $1.5M | 5x | |
| Lighter VVV | +1.279% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Pacifica VVV | +1.322% | +0.0100% | 1h | $172K | $159K | 10x | as long as short |
| Injective VVV/USDC PERP | +6.155% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |