Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.006%

Price spread now: KuCoin against Bybit+0.051%7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$117as in the Price arb table

costs, in and out, $10k−$1171.166% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.064%+$6 on $10k

Price spread, last 7 days+0.164%+$16 · spread now +0.051%, 7d avg +0.058%

Together, before fees+0.228%+$23 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	32.239	0.0100	pay 0.0050% / 4h	1h 29m	$39.8M	$52.7M	20x
Short	KuCoin VVVUSDTM	32.255	0.0100	get 0.0050% / 4h	1h 29m	$2.0M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.051%Rate

Funding earned: $0
Price spread: +0.051% → +0.058%: −$0.68
Slippage, 4 orders: −$93.64
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$117.32
Costs to cover: 1.166%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 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 Bybit live order book, 4 min ago	1.54 bp	23.0 bp −$23	92.2 bp −$922	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	10.20 bp	40.8 bp −$41	312.5 bp −$3,125	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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.259	+0.065%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.267	+0.088%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.803%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.219	−0.061%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.198	−0.126%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.269	+0.094%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.242	+0.012%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.225	−0.041%	$269K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.219	−0.059%	$185K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.252	+0.042%	$33.7M	$157.1M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDTlong	+0.0100%	4h	32.239	long leg	$39.8M	$52.7M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.258	+0.060%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.233	−0.017%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.261	+0.069%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.255	+0.051%	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.236	−0.008%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.216	−0.070%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.330	+0.285%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.239	+0.001%	$130K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.265	+0.082%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.285	+0.144%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.210	−0.089%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.206	−0.100%	$319K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.264	+0.080%	$6K	$13K	3x	as long as short
Kalshi KXVVVPERP	+0.0107%	8h	32.226	−0.039%	$105K	$6.8M	1.7x	as long as short
edgeX VVVUSDC	+0.0110%	4h	32.442	+0.632%	$81K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.341	+0.319%	$192K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0157%	4h	32.260	+0.066%	$1.4M	$1.8M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.236	−0.009%	$396K	$601K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0188% / S +0.0166%	1h	32.265	+0.083%	$620K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0281%	1h	32.270	+0.099%	$122K	$376K	5x	as long as short
01 Exchange VVVUSD	+0.0456%	1h	32.255	+0.051%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0549%	1h	32.291	+0.163%	$75.1M	$55.8M	3x	as long as short