Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: KuCoin against Binance−0.019%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$106as in the Funding arb table

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$1001.002% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 7 days+0.084%+$8 · spread now −0.019%, 7d avg −0.044%

Together, before fees+0.025%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.025% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	31.066	0.0100	pay 0.0050% / 4h	2h 15m	$33.5M	$121.2M	25x
Short	KuCoin VVVUSDTM	31.060	0.0100	get 0.0050% / 4h	2h 15m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.019%Rate

Funding earned: $0
Price spread: −0.019% → −0.044%: $2.53
Slippage, 4 orders: −$78.15
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$97.62
Costs to cover: 1.002%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 2 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 Binance live order book, 13 min ago	0.16 bp	14.2 bp −$14	37.6 bp −$376	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	11.11 bp	42.2 bp −$42	209.5 bp −$2,095	doesn't fit	doesn't fit

VVV on 33 venues

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	−0.0329%	1h	31.029	−0.118%	$394K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−1.404%	$142K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.041	−0.081%	$86K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.044	−0.072%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.647%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.051	−0.048%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.045	−0.066%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.055	−0.035%	$455K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.040	−0.082%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.056	−0.030%	$164K	$894K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.085	+0.062%	$70.0M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.095	+0.094%	$247K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.065	−0.001%	$183K	$128K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.066	long leg	$33.5M	$121.2M	25x
Bybit VVVUSDT	+0.0100%	4h	31.112	+0.149%	$38.5M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.219	+0.493%	$4.8M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.074	+0.026%	$10.9M	$5.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.071	+0.017%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.060	−0.019%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.068	+0.007%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.082	+0.052%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.009	−0.182%	$1.9M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.038	−0.090%	$116K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.030	−0.114%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.047	−0.061%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.046	−0.063%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.055	−0.033%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.053	−0.042%	$77K	$333K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.039	−0.086%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	+0.0165%	8h	31.062	−0.012%	$83K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.034	−0.102%	$32K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0421% / S −0.0197%	1h	31.038	−0.089%	$497K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0427%	1h	31.087	+0.069%	$112K	$241K	5x	as long as short