Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%

Price spread now: KuCoin against Deribit+0.042%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.042% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	32.129	0	get 0.0000% / 1h	37m 37s	$91K	$23K	10x
Short	KuCoin VVVUSDTM	32.143	0.0100	get 0.0050% / 4h	3h 37m	$2.0M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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 DeribitbpFee KuCoinbpOrdersPrice spread, now +0.042%Rate

Funding earned: $21
Price spread: +0.042% → 0.000%: $4.23
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $6.23
Costs to cover: 0.190%
Break-even: 4.9 days

Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 9 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 9 min ago	9.95 bp	41.5 bp −$42	215.3 bp −$2,153	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps VVV-USD	−0.0307%	1h	32.107	−0.070%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0104%	1h	32.090	−0.123%	$11K	$3K	3x	as long as short
Bybit VVVUSDT	−0.0055%	4h	32.125	−0.014%	$39.5M	$51.5M	20x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.023	−0.332%	$394K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.140	+0.033%	$109K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.084	−0.141%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	32.129	long leg	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.141	+0.037%	$19K	—	150x	as long as short
Gate VVV_USDT	+0.0006%	4h	32.110	−0.060%	$10.8M	$7.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.149%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.110	−0.059%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.108	−0.067%	$478K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.120	−0.029%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.159	+0.092%	$74.5M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.143	+0.044%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.147	+0.054%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.128	−0.006%	$33.8M	$154.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.122	−0.023%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.129	−0.001%	$6.6M	$6.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.143	+0.042%	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.111	−0.057%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.125	−0.014%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.165	+0.111%	$125K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.057	−0.225%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.137	+0.023%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.133	+0.011%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.122	−0.022%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.116	−0.042%	$310K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.114	−0.047%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	32.068	−0.190%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0154%	4h	32.108	−0.067%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0120%	1h	32.142	+0.040%	$581K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.034	−0.296%	$246K	$1.2M	25x	as long as short