Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRnext payment $0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Coinbase International−0.061%45s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1071.072% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.069%−$7 on $10k
Price spread, last 3 days (all we have)+0.630%+$63 · spread now −0.061%, 7d avg +0.013%
Together, before fees+0.561%+ Points / potential airdropNado: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International VVV-PERP-INTX32.2280.0144pay 0.0018% / 1h10m 26s$238K$1.3M25x
ShortNado VVV-PERP32.2080.0100get 0.0012% / 1h10m 26s$149K$783K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Coinbase International. 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

Funding earned
−$9.24
Price spread: −0.061% → +0.013%
−$7.41
Slippage, 4 orders
−$90.15
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$123.8
Costs to cover
1.072%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Nado: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago15.23 bp30.3 bp −$3044.9 bp −$449doesn't fitdoesn't fit
Sell Nado live order book, 8 min ago19.00 bp30.1 bp −$3092.1 bp −$921doesn't fitdoesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kalshi KXVVVPERP0.0000%8h32.245+0.052%$108K$6.9M1.7xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h32.204−0.076%$91K$23K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.197−0.097%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+1.836%$2K$1K5.5xas long as short
Lighter VVV+0.0096%1h32.234+0.019%$2.3M$5.5M5xas long as short
Lighter RH VVV+0.0096%1h32.203−0.079%$479K$1.6M5xas long as short
Phoenix VVV+0.0098%1h32.317+0.275%$57K$294K5xas long as short
Nado VVV-PERPshort+0.0100%1h32.208−0.061%$149K$783K3x
Aster VVVUSDT+0.0100%4h32.200−0.088%$265K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.239+0.032%$185K$183K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VVVUSDT+0.0100%4h32.192−0.113%$33.7M$157.4M25xas long as short
Bybit VVVUSDT+0.0100%4h32.187−0.128%$39.6M$52.8M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.194−0.106%$4.7M$42.8M20xas long as short
Gate VVV_USDT+0.0100%4h32.208−0.063%$10.9M$7.8M25xas long as short
MEXC VVV_USDT+0.0100%4h32.198−0.094%$6.3M$7.1M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.204−0.075%$2.0M$2.9M20xas long as short
Bitget VVVUSDT+0.0100%4h32.195−0.103%$5.9M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.193−0.110%$5.5Mas long as short
Variational Omni VVV+0.0100%4h32.172−0.173%$2.1M$183Kas long as short
Polymarket Perps VVV-USD+0.0100%1h32.177−0.159%$141K$1.2M3xas long as short
Derive VVV-PERP+0.0100%1h32.211−0.054%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h32.213−0.047%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.216−0.039%$3K$1065xas long as short
BloFin VVV-USDT+0.0102%4h32.211−0.054%$1.3M$1.8M25xas long as short
Extended VVV-USD+0.0104%1h32.196−0.099%$325K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h32.209−0.060%$6K$13K3xas long as short
edgeX VVVUSDC+0.0111%4h32.237+0.028%$80K$331K10xas long as short
Coinbase International VVV-PERP-INTXlong+0.0144%1h32.228long leg$238K$1.3M25x
RISEx VVV/USDC+0.0175%1h32.186−0.132%$395K$607K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0186% / S +0.0168%1h32.191−0.115%$619K100xas long as short
Backpack VVV_USDC_PERP+0.0221%1h32.226−0.007%$122K$370K5xas long as short
Hyperliquid VVV+0.0260%1h32.216−0.038%$74.8M$56.1M3xas long as short
01 Exchange VVVUSD+0.0312%1h32.187−0.128%$12K$3K3xas long as short