Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.023%

Price spread now: BingX against KuCoin+0.038%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$990.985% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days−0.139%−$14 · spread now +0.038%, 7d avg +0.015%

Together, before fees−0.079%−$8 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: BingX is 0.024% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.346	0.0100	pay 0.0050% / 4h	1h 34m	$1.8M	$2.8M	20x
Short	BingX VVV-USDT	31.358	0.0100	get 0.0050% / 4h	1h 34m	—	$4.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → +0.015%: $2.37
Slippage, 4 orders: −$76.53
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$96.16
Costs to cover: 0.985%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; BingX: live order book, 6 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, 3 min ago	7.97 bp	36.0 bp −$36	642.9 bp −$6,429	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.16 bp	10.7 bp −$11	30.3 bp −$303	272.5 bp −$27.3K	776.2 bp −$388.1K

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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.311	−0.112%	$185K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.345	−0.004%	$384K	$647K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.352	+0.019%	$86K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.357	+0.033%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.360	+0.045%	$22K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.354	+0.026%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.702%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0058%	4h	31.409	+0.201%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.361	+0.049%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.390	+0.140%	$461K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.351	+0.016%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.374	+0.091%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.387	+0.131%	$70.6M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.356	+0.033%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.365	+0.061%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.362	+0.050%	$33.8M	$121.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.380	+0.108%	$38.6M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.399	+0.169%	$4.8M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.357	+0.035%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.396	+0.160%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.346	long leg	$1.8M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.337	−0.029%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.358	+0.038%	—	$4.9M	—
Variational Omni VVV	+0.0100%	4h	31.363	+0.054%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.346	0.000%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	+0.038%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.360	+0.045%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.358	+0.039%	$301K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.355	+0.029%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	31.395	+0.155%	$78K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.425	+0.252%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0429% / S −0.0201%	1h	31.389	+0.138%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0472%	1h	31.400	+0.171%	$151K	$265K	5x	as long as short