Funding you earn now, next payment 12:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Gate−0.111%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1371.368% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 7 days+0.261%+$26 · spread now −0.111%, 7d avg +0.055%
=Funding pays, the price is against you. KuCoin is 0.167% cheaper against Gate than usual: you would sell low and buy high (spread −0.111% now, against its 7-day average of +0.055%). If the spread goes back, that is −$17 on $10k: about 40 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.104% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate VVV_USDT | 31.465 | 0.0086 | pay 0.0043% / 4h | 3h 59m | $11.8M | $4.7M | 25x |
| Short | KuCoin VVVUSDTM | 31.430 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1.7M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.94
- Price spread: −0.111% → +0.055%
- −$16.67
- Slippage, 4 orders
- −$109.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$150.55
- Costs to cover
- 1.368%
- Break-even
- 365.5 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 7 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 Gate live order book, 4 min ago | 6.53 bp | 25.9 bp −$26 | 629.9 bp −$6,299 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 13.01 bp | 49.0 bp −$49 | 222.5 bp −$2,225 | 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 | −0.0349% | 1h | 31.461 | −0.014% | $385K | $671K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.0052% | 1h | 31.422 | −0.138% | $87K | $22K | 10x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.0040% | 1h | 31.592 | +0.404% | $188K | $1.3M | 25x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.461 | −0.013% | $93K | $5.3M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.433 | −0.100% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.306% | $2K | $1K | 5.5x | as long as short |
| Gate VVV_USDTlong | +0.0086% | 4h | 31.465 | long leg | $11.8M | $4.7M | 25x | |
| Lighter VVV | +0.0096% | 1h | 31.463 | −0.005% | $1.9M | $4.1M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.458 | −0.022% | $463K | $1.5M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.468 | +0.009% | $3K | $73 | 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-PERP | +0.0100% | 1h | 31.430 | −0.110% | $162K | $952K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.483 | +0.056% | $70.2M | $44.2M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.464 | −0.002% | $249K | $548K | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.472 | +0.024% | $185K | $121K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.459 | −0.021% | $33.5M | $111.0M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.458 | −0.022% | $38.4M | $39.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.474 | +0.029% | $4.8M | $27.5M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.467 | +0.006% | $6.9M | $4.8M | 50x | as long as short |
| KuCoin VVVUSDTMshort | +0.0100% | 4h | 31.430 | −0.111% | $1.7M | $2.7M | 20x | |
| Bitget VVVUSDT | +0.0100% | 4h | 31.460 | −0.016% | $5.7M | $6.5M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.486 | +0.067% | — | $4.6M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.421 | −0.141% | $2.0M | $357K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.434 | −0.099% | $130K | $1.3M | 3x | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.411 | −0.172% | $3K | $3K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.450 | −0.048% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.466 | +0.002% | $293K | $1.9M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.436 | −0.094% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0110% | 4h | 31.458 | −0.022% | $78K | $331K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.0136% | 1h | 31.489 | +0.076% | $11K | $2K | 3x | as long as short |
| BloFin VVV-USDT | +0.0155% | 4h | 31.419 | −0.146% | $1.3M | $1.4M | 25x | as long as short |
| Phoenix VVV | +0.0203% | 1h | 31.454 | −0.035% | $33K | $215K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0442% / S −0.0215% | 1h | 31.428 | −0.119% | $505K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0514% | 1h | 31.469 | +0.014% | $160K | $269K | 5x | as long as short |
Gate VVV_USDT
KuCoin VVVUSDTM
RISEx VVV/USDC
Deribit VVV_USDC-PERPETUAL
Coinbase International VVV-PERP-INTX
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Derive VVV-PERP
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
01 Exchange VVVUSD
BloFin VVV-USDT
Phoenix VVV
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP