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 −0.023%

Price spread now: KuCoin against BingX+0.112%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1051.047% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.079%+$8 · spread now +0.112%, 7d avg −0.011%

Together, before fees+0.019%+$2 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 0.123% dearer against BingX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.011%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	30.394	0.0100	pay 0.0050% / 4h	3h 30m	—	$5.0M	—
Short	KuCoin VVVUSDTM	30.428	0.0100	get 0.0050% / 4h	3h 30m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → −0.011%: $12.27
Slippage, 4 orders: −$82.66
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$92.39
Costs to cover: 1.047%
Break-even: never at this rate

Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 1 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 BingX live order book, 5 min ago	0.33 bp	11.0 bp −$11	35.7 bp −$357	322.7 bp −$32.3K	749.1 bp −$374.6K
Sell KuCoin live order book, 1 min ago	7.57 bp	42.3 bp −$42	200.5 bp −$2,005	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	−0.0417%	1h	30.366	−0.092%	$372K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0131%	1h	30.469	+0.247%	$121K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	+0.020%	$148K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.474	+0.265%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.487	+0.305%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.982%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.386	−0.026%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0093%	4h	30.493	+0.326%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.398	+0.014%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.407	+0.043%	$444K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.418	+0.078%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.481	+0.288%	$140K	$867K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.408	+0.046%	$68.9M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.413	+0.064%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.419	+0.081%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.404	+0.034%	$32.7M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.357	−0.121%	$37.9M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.413	+0.063%	$4.7M	$31.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.388	−0.020%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.432	+0.125%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	30.428	+0.112%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.396	+0.007%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.394	long leg	—	$5.0M	—
Variational Omni VVV	+0.0100%	4h	30.479	+0.279%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.472	+0.258%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.506	+0.368%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0100%	4h	30.469	+0.246%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.388	−0.019%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.495	+0.332%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.464	+0.230%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0159%	8h	30.516	+0.401%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0211%	1h	30.497	+0.338%	$120K	$244K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.482	+0.288%	$534K	—	100x	as long as short