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 0.000%

Price spread now: OKX against KuCoin+0.156%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$92as in the Price arb table

costs, in and out, $10k−$1081.076% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.233%−$23 · spread now +0.156%, 7d avg −0.002%

Together, before fees−0.235%−$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: OKX is 0.158% dearer against KuCoin than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	32.116	0.0100	pay 0.0050% / 4h	1h 17m	$2.0M	$2.9M	20x
Short	OKX VVV-USDT-SWAP	32.166	0.0100	get 0.0050% / 4h	1h 17m	$4.7M	$42.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.156%Rate

Funding earned: $0
Price spread: +0.156% → −0.002%: $15.79
Slippage, 4 orders: −$85.63
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$91.84
Costs to cover: 1.076%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 1 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	9.80 bp	33.8 bp −$34	788.8 bp −$7,888	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	2.49 bp	17.5 bp −$18	63.8 bp −$638	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
Deribit VVV_USDC-PERPETUAL	−0.0027%	1h	32.117	+0.003%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.176	+0.187%	$107K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.117	+0.002%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.192%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0093%	4h	32.108	−0.025%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.185	+0.215%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.123	+0.022%	$477K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.095	−0.065%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.121	+0.016%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.120	+0.013%	$264K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.165	+0.152%	$185K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.162	+0.143%	$33.6M	$157.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.154	+0.118%	$39.6M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	32.166	+0.156%	$4.7M	$42.8M	20x
Gate VVV_USDT	+0.0100%	4h	32.121	+0.016%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.173	+0.177%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.116	long leg	$2.0M	$2.9M	20x
Bitget VVVUSDT	+0.0100%	4h	32.121	+0.016%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.135	+0.059%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.091	−0.078%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.104	−0.037%	$138K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.123	+0.023%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.122	+0.019%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.155	+0.123%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.097	−0.060%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.114	−0.008%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.083	−0.103%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.185	+0.215%	$226K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.113	−0.010%	$394K	$598K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0187% / S +0.0167%	1h	32.115	−0.004%	$618K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0222%	1h	32.128	+0.037%	$121K	$374K	5x	as long as short
Hyperliquid VVV	+0.0326%	1h	32.164	+0.149%	$74.6M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0352%	1h	32.100	−0.050%	$11K	$3K	3x	as long as short