Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.038%

Price spread now: Nado against BloFin+0.196%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$800.805% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.182%−$18 on $10k

Price spread, last 3 days (all we have)−0.363%−$36 · spread now +0.196%, 7d avg −0.039%

Together, before fees−0.545%+ Points / potential airdropNado: Active · farm board−$54 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Nado is 0.235% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.039%. Mind the row above: over the last 3 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	32.319	0.0068	pay 0.0034% / 4h	50m 03s	$1.3M	$1.8M	25x
Short	Nado VVV-PERP	32.382	0.0100	get 0.0012% / 1h	50m 03s	$136K	$815K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against BloFin. 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 BloFinbpFee NadobpOrdersPrice spread, now +0.196%Rate

Funding earned: $6.77
Price spread: +0.196% → −0.039%: $23.54
Slippage, 4 orders: −$61.48
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.17
Costs to cover: 0.805%
Break-even: 58.9 days

Slippage from BloFin: live order book, 3 min ago; Nado: live order book, 28 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 BloFin live order book, 3 min ago	1.55 bp	11.3 bp −$11	24.2 bp −$242	doesn't fit	doesn't fit
Sell Nado live order book, 28 min ago	19.00 bp	30.1 bp −$30	92.1 bp −$921	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
Kalshi KXVVVPERP	0.0000%	8h	32.367	+0.149%	$112K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.325	+0.017%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.371	+0.161%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.550%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0035%	1h	32.382	+0.195%	$148K	$1.2M	3x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.367	+0.148%	$397K	$604K	5x	as long as short
BloFin VVV-USDTlong	+0.0068%	4h	32.319	long leg	$1.3M	$1.8M	25x
01 Exchange VVVUSD	+0.0072%	1h	32.407	+0.272%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.332	+0.040%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.294	−0.077%	$480K	$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
Nado VVV-PERPshort	+0.0100%	1h	32.382	+0.196%	$136K	$815K	3x
Hyperliquid VVV	+0.0100%	1h	32.329	+0.031%	$74.9M	$55.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.334	+0.046%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.352	+0.102%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.294	−0.076%	$33.8M	$157.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.274	−0.139%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.301	−0.056%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.329	+0.031%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.300	−0.059%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.332	+0.040%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.311	−0.025%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.331	+0.037%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.313	−0.017%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.333	+0.042%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.328	+0.028%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.338	+0.057%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.287	−0.100%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.346	+0.082%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.268	−0.158%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.295	−0.074%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0147%	1h	32.335	+0.050%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0183% / S +0.0170%	1h	32.347	+0.087%	$622K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−0.128%	$242K	$1.3M	25x	as long as short