Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Nado against KuCoin−0.036%7-day average +0.047% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1151.152% of the position

Long on KuCoin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.172%+$17 · spread now −0.036%, 7d avg +0.047%

Together, before fees+0.168%+ Points / potential airdropNado: Active · farm board+$17 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: Nado is 0.083% cheaper against KuCoin than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	32.046	0.0100	pay 0.0050% / 4h	3h 36m	$2.0M	$2.8M	20x
Short	Nado VVV-PERP	32.034	0.0100	get 0.0012% / 1h	36m 14s	$126K	$850K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.036%Rate

Funding earned: $0
Price spread: −0.036% → +0.047%: −$8.3
Slippage, 4 orders: −$96.24
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$123.54
Costs to cover: 1.152%
Break-even: never at this rate

Slippage from KuCoin: live order book, 11 min ago; Nado: live order book, 37 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, 11 min ago	9.95 bp	36.9 bp −$37	754.1 bp −$7,541	doesn't fit	doesn't fit
Sell Nado live order book, 37 min ago	10.54 bp	22.0 bp −$22	93.0 bp −$930	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
Polymarket Perps VVV-USD	−0.0319%	1h	31.993	−0.165%	$146K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0268%	1h	32.002	−0.136%	$91K	$23K	10x	as long as short
01 Exchange VVVUSD	−0.0104%	1h	32.007	−0.122%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.024	−0.068%	$394K	$601K	5x	as long as short
Gate VVV_USDT	−0.0004%	4h	32.004	−0.131%	$10.7M	$7.3M	25x	as long as short
Bybit VVVUSDT	−0.0003%	4h	32.001	−0.139%	$39.3M	$51.5M	20x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.098	+0.162%	$108K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.084	+0.119%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.035	−0.035%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.415%	$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
BloFin VVV-USDT	+0.0067%	4h	32.050	+0.012%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.998	−0.149%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.003	−0.134%	$476K	$1.6M	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	32.034	−0.036%	$126K	$850K	3x
Hyperliquid VVV	+0.0100%	1h	32.039	−0.022%	$74.2M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.019	−0.085%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.053	+0.021%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.020	−0.080%	$33.6M	$154.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.997	−0.153%	$4.7M	$41.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.030	−0.050%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.046	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.014	−0.100%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.013	−0.103%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.084	+0.120%	$124K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.001	−0.142%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.015	−0.095%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.026	−0.062%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.026	−0.062%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.014	−0.099%	$302K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.015	−0.097%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.094	+0.149%	$80K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0120%	1h	32.018	−0.087%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.985	−0.192%	$246K	$1.3M	25x	as long as short