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 +0.026%

Price spread now: Binance against KuCoin+0.169%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$980.981% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.057%+$6 on $10k

Price spread, last 7 days−0.291%−$29 · spread now +0.169%, 7d avg +0.037%

Together, before fees−0.234%−$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.131% dearer against KuCoin than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.972	0.0100	pay 0.0050% / 4h	2h 23m	$2.1M	$2.8M	20x
Short	Binance VVVUSDT	32.026	0.0100	get 0.0050% / 4h	2h 23m	$33.8M	$154.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.169%Rate

Funding earned: $0
Price spread: +0.169% → +0.037%: $13.15
Slippage, 4 orders: −$76.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$84.95
Costs to cover: 0.981%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 5 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 KuCoin live order book, 4 min ago	10.05 bp	33.7 bp −$34	636.4 bp −$6,364	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.16 bp	11.7 bp −$12	47.8 bp −$478	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	32.012	+0.125%	$119K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.000	+0.088%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.996	+0.075%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.652%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	32.008	+0.113%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0048%	4h	32.017	+0.141%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.951	−0.066%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.982	+0.031%	$393K	$576K	5x	as long as short
Polymarket Perps VVV-USD	+0.0085%	1h	31.975	+0.009%	$143K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.023	+0.160%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.994	+0.069%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.972	0.000%	$148K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.037	+0.203%	$73.1M	$54.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.015	+0.133%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.984	+0.036%	$190K	$176K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	32.026	+0.169%	$33.8M	$154.6M	25x
Bybit VVVUSDT	+0.0100%	4h	31.987	+0.047%	$39.4M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.016	+0.138%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.985	+0.041%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.992	+0.063%	$17.2M	$6.9M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.972	long leg	$2.1M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.993	+0.066%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.003	+0.097%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.838	−0.419%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.994	+0.068%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.920	−0.163%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.990	+0.056%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.992	+0.064%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.026	+0.168%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.836	−0.425%	$79K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.996	+0.074%	$559K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.847	−0.392%	$205K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0261%	1h	31.948	−0.075%	$121K	$380K	5x	as long as short