VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.032%

Price spread now: BloFin against KuCoin+0.280%50s7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$980.980% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)−0.078%−$8 · spread now +0.280%, 7d avg +0.054%

Together, before fees+0.116%+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.226% dearer against KuCoin than usual: you sell high and buy low (spread +0.280% now, against its 7-day average of +0.054%): +$23 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 44 days. Mind the row above: over the last 7 days funding on this pair paid +0.194%, so the current rate has only just turned against you. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	30.685	0.0100	pay 0.0050% / 4h	2h 34m	$1.9M	$2.7M	20x
Short	BloFin VVV-USDT	30.771	0.0083	get 0.0041% / 4h	2h 34m	$1.3M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.280%Rate

Funding earned: −$3.63
Price spread: +0.280% → +0.054%: $22.62
Slippage, 4 orders: −$73.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$78.97
Costs to cover: 0.980%
Break-even: never at this rate

Slippage from KuCoin: live order book, 8 min ago; BloFin: live order book, 3 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, 8 min ago	11.57 bp	37.3 bp −$37	437.6 bp −$4,376	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	2.61 bp	17.8 bp −$18	34.0 bp −$340	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	−0.0329%	1h	30.650	−0.114%	$380K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.180%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.661	−0.079%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.958%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0040%	1h	30.658	−0.089%	$85K	$22K	10x	as long as short
Polymarket Perps VVV-USD	+0.0061%	1h	30.643	−0.137%	$124K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.667	−0.059%	$11K	$3K	3x	as long as short
BloFin VVV-USDTshort	+0.0083%	4h	30.771	+0.280%	$1.3M	$1.5M	25x
Lighter VVV	+0.0096%	1h	30.656	−0.096%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.665	−0.065%	$446K	$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	30.653	−0.103%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.688	+0.011%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.675	−0.033%	$69.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.692	+0.022%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.684	−0.004%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.667	−0.057%	$33.0M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.643	−0.137%	$38.0M	$41.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.648	−0.121%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.656	−0.095%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.686	+0.003%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	30.685	long leg	$1.9M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	30.671	−0.046%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.665	−0.065%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.640	−0.147%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.650	−0.115%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.764	+0.257%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.612	−0.237%	$76K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.664	−0.069%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.671	−0.045%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0201%	8h	30.723	+0.124%	$93K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.579	−0.345%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0405%	1h	30.772	+0.282%	$121K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.651	−0.111%	$535K	—	100x	as long as short