Spread before costs (cost unknown: a leg has no order-book sample)−0.485%
7d average—if it closes, per $10,000$49funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 30.522 | 0 | get 0.0000% / 8h | 2h 42m | $143K | $6.6M | 1.7x |
| Short | Paradex VVV-USD-PERP | 30.374 | 0.0100 | get 0.0100% / 8h | 6h 42m | $3K | $106 | 5x |
Paradex VVV-USD-PERPPrice 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
- −$48.51
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$59.51
- Spread needed to break even
- 0.140%
Slippage unknown: Kalshi: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.
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, 3 min ago | 8.84 bp | 16.4 bp −$16 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 price on every exchange
against the cheapest. Click to use as the short leg.RISEx30.329cheapest01 Exchange30.345+0.053%Extended30.358+0.098%Gate30.365+0.119%BingX30.368+0.129%
RISEx
Extended
Gate
BingXParadex30.374+0.149%
Lighter RH30.374+0.149%Polymarket Perps30.374+0.149%Lighter30.378+0.161%Binance30.385+0.185%MEXC30.390+0.202%Pacifica30.392+0.210%Bybit30.406+0.255%Aster30.408+0.261%Nado30.416+0.287%KuCoin30.419+0.297%OKX30.427+0.324%Bitget30.444+0.380%Hyperliquid30.445+0.383%Phemex30.478+0.492%BloFin30.478+0.492%Deribit30.480+0.499%Coinbase International30.494+0.544%Backpack30.513+0.608%Derive30.533+0.673%Variational Omni30.543+0.705%GMX30.543+0.706%edgeX30.547+0.718%gTrade (Gains Network)30.550+0.729%Aevo30.550+0.730%Phoenix30.572+0.802%
Lighter RH
Polymarket Perps
Lighter
Binance
MEXC
Pacifica
Bybit
Aster
Nado
KuCoin
OKX
Bitget
Hyperliquid
Phemex
BloFin
Deribit
Coinbase International
Backpack
Derive
Variational Omni
GMX
gTrade (Gains Network)
Aevo
PhoenixInjective32.820+8.214%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.633% | +0.0082% | 1h | $364K | $561K | 5x | as long as short |
| 01 Exchange VVVUSD | −0.580% | +0.0264% | 1h | $11K | $3K | 3x | as long as short |
| Extended VVV-USD | −0.536% | +0.0104% | 1h | $293K | $1.6M | 5x | as long as short |
| Gate VVV_USDT | −0.514% | +0.0100% | 4h | $10.3M | $7.2M | 25x | as long as short |
| BingX VVV-USDT | −0.505% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Paradex VVV-USD-PERPshort | −0.485% | +0.0100% | 8h | $3K | $106 | 5x | |
| Lighter RH VVV | −0.485% | +0.0096% | 1h | $449K | $1.5M | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.485% | +0.0100% | 1h | $125K | $849K | 3x | as long as short |
| Lighter VVV | −0.473% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Binance VVVUSDT | −0.449% | +0.0100% | 4h | $33.4M | $147.7M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC VVV_USDT | −0.432% | +0.0100% | 4h | $15.2M | $6.4M | 50x | as long as short |
| Pacifica VVV | −0.425% | +0.0100% | 1h | $167K | $160K | 10x | as long as short |
| Bybit VVVUSDT | −0.380% | +0.0100% | 4h | $38.5M | $48.8M | 20x | as long as short |
| Aster VVVUSDT | −0.374% | +0.0100% | 4h | $302K | $1.7M | 10x | as long as short |
| Nado VVV-PERP | −0.347% | +0.0100% | 1h | $117K | $719K | 3x | as long as short |
| KuCoin VVVUSDTM | −0.337% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| OKX VVV-USDT-SWAP | −0.311% | +0.0100% | 4h | $4.9M | $38.1M | 20x | as long as short |
| Bitget VVVUSDT | −0.256% | +0.0100% | 4h | $5.6M | $7.9M | 20x | as long as short |
| Hyperliquid VVV | −0.252% | +0.0164% | 1h | $69.6M | $51.1M | 3x | as long as short |
| Phemex VVVUSDT | −0.144% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| BloFin VVV-USDT | −0.144% | +0.0064% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.137% | 0.0000% | 1h | $87K | $22K | 10x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.092% | +0.0176% | 1h | $217K | $1.0M | 25x | as long as short |
| Backpack VVV_USDC_PERP | −0.029% | +0.0549% | 1h | $125K | $352K | 5x | as long as short |
| Kalshi KXVVVPERPlong | 0.000% | 0.0000% | 8h | $143K | $6.6M | 1.7x | |
| Derive VVV-PERP | +0.036% | +0.0100% | 1h | $408 | $343 | 5x | as long as short |
| Variational Omni VVV | +0.067% | +0.0100% | 4h | $2.0M | $209K | — | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.069% | L +0.0435% / S −0.0202% | 1h | $507K | — | 100x | as long as short |
| edgeX VVVUSDC | +0.081% | +0.0102% | 4h | $76K | $328K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.092% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Aevo VVV-PERP | +0.092% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Phoenix VVV | +0.164% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| Injective VVV/USDC PERP | +7.529% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |