After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.097%7d average+0.053%fees + slippage, in and out−$44spread needed0.436%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 31.910 | 0.0208 | pay 0.0208% / 8h | 5h 37m | $136K | $7.4M | 1.7x |
| Short | Polymarket Perps VVV-USD | 31.941 | 0.0100 | get 0.0013% / 1h | 37m 56s | $130K | $767K | 3x |
Polymarket Perps VVV-USDPrice 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
- $9.71
- Funding while held
- −$3.23
- Slippage, 4 orders
- −$25.62
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$37.14
- Spread needed to break even
- 0.436%
Slippage from Kalshi: live order book, 2 min ago; Polymarket Perps: live order book, 62 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0108%
- Per $10,000 a day
- −$3.23
- 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, 2 min ago | 4.52 bp | 18.1 bp −$18 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 62 min ago | 4.01 bp | 8.0 bp −$8 | 8.4 bp −$84 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Derive31.931+0.064%Bybit31.934+0.076%
Derive
BybitPolymarket Perps31.941+0.097%
gTrade (Gains Network)31.941+0.098%Deribit31.943+0.103%RISEx31.946+0.111%OKX31.950+0.125%GMX31.950+0.126%Binance31.953+0.136%Bitget31.955+0.141%Extended31.960+0.157%Gate31.961+0.160%BingX31.962+0.163%Aevo31.965+0.171%KuCoin31.965+0.172%Lighter RH31.966+0.175%Nado31.968+0.183%Aster31.969+0.184%MEXC31.971+0.191%Paradex31.972+0.195%Pacifica31.975+0.205%Lighter31.978+0.213%Backpack31.978+0.213%BloFin31.982+0.226%Hyperliquid31.988+0.244%Phemex31.998+0.276%Coinbase International32.000+0.282%Variational Omni32.108+0.619%edgeX32.124+0.671%Phoenix32.147+0.743%Injective32.820+2.852%
gTrade (Gains Network)
Deribit
RISEx
OKX
GMX
Binance
Bitget
Extended
Gate
BingX
Aevo
KuCoin
Lighter RH
Nado
Aster
MEXC
Paradex
Pacifica
Lighter
Backpack
BloFin
Hyperliquid
Phemex
Coinbase International
Variational Omni
Phoenix
InjectiveVVV on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERPlong | 0.000% | +0.0208% | 8h | $136K | $7.4M | 1.7x | |
| Derive VVV-PERP | +0.064% | +0.0100% | 1h | $426 | $343 | 5x | as long as short |
| Bybit VVVUSDT | +0.076% | +0.0100% | 4h | $39.7M | $48.6M | 20x | as long as short |
| Polymarket Perps VVV-USDshort | +0.097% | +0.0100% | 1h | $130K | $767K | 3x | |
| gTrade (Gains Network) VVV/USD | +0.098% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.103% | 0.0000% | 1h | $98K | $12K | 10x | as long as short |
| RISEx VVV/USDC | +0.111% | +0.0358% | 1h | $383K | $574K | 5x | as long as short |
| OKX VVV-USDT-SWAP | +0.125% | +0.0100% | 4h | $5.1M | $41.7M | 20x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.126% | L +0.0533% / S −0.0286% | 1h | $528K | — | 100x | as long as short |
| Binance VVVUSDT | +0.136% | +0.0153% | 4h | $36.3M | $149.5M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget VVVUSDT | +0.141% | +0.0100% | 4h | $5.8M | $7.9M | 20x | as long as short |
| Extended VVV-USD | +0.157% | +0.0152% | 1h | $318K | $1.7M | 5x | as long as short |
| Gate VVV_USDT | +0.160% | +0.0100% | 4h | $10.8M | $7.9M | 25x | as long as short |
| BingX VVV-USDT | +0.163% | +0.0176% | 4h | — | $4.7M | — | as long as short |
| Aevo VVV-PERP | +0.171% | +0.0120% | 1h | $6K | $13K | 3x | as long as short |
| KuCoin VVVUSDTM | +0.172% | +0.0100% | 4h | $2.3M | $2.2M | 20x | as long as short |
| Lighter RH VVV | +0.175% | +0.0096% | 1h | $500K | $1.4M | 5x | as long as short |
| Nado VVV-PERP | +0.183% | +0.0100% | 1h | $151K | $648K | 3x | as long as short |
| Aster VVVUSDT | +0.184% | +0.0100% | 4h | $401K | $1.6M | 10x | as long as short |
| MEXC VVV_USDT | +0.191% | +0.0152% | 4h | $15.3M | $6.8M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.195% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| Pacifica VVV | +0.205% | +0.0100% | 1h | $173K | $242K | 10x | as long as short |
| Lighter VVV | +0.213% | +0.0232% | 1h | $2.6M | $4.5M | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.213% | +0.0391% | 1h | $143K | $363K | 5x | as long as short |
| BloFin VVV-USDT | +0.226% | +0.0197% | 4h | $1.5M | $1.5M | 25x | as long as short |
| Hyperliquid VVV | +0.244% | +0.0190% | 1h | $76.5M | $51.1M | 3x | as long as short |
| Phemex VVVUSDT | +0.276% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.282% | +0.0232% | 1h | $162K | $1.3M | 25x | as long as short |
| Variational Omni VVV | +0.619% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
| edgeX VVVUSDC | +0.671% | +0.0175% | 4h | $76K | $311K | 10x | as long as short |
| Phoenix VVV | +0.743% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
| Injective VVV/USDC PERP | +2.852% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |