Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0185%/8h= −20.3% APRpaid last 24h +0.029%

Price spread now: RISEx against KuCoin+0.114%7-day average −0.006% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$1000.999% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.330%+$33 on $10k

Price spread, last 7 days−0.225%−$22 · spread now +0.114%, 7d avg −0.006%

Together, before fees+0.105%+$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.120% dearer against KuCoin than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of −0.006%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. Mind the row above: over the last 4 days funding on this pair paid +0.330%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.550	0.0100	pay 0.0050% / 4h	1h 00m	$1.7M	$2.8M	20x
Short	RISEx VVV/USDC	31.586	−0.0085	pay 0.0011% / 1h	0m 45s	$387K	$654K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.114%Rate

Funding earned: −$38.95
Price spread: +0.114% → −0.006%: $11.98
Slippage, 4 orders: −$81.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$126.93
Costs to cover: 0.999%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; RISEx: live order book, 43 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, 6 min ago	10.42 bp	40.0 bp −$40	825.2 bp −$8,252	doesn't fit	doesn't fit
Sell RISEx live order book, 43 min ago	3.07 bp	6.2 bp −$6	doesn't fit	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	−0.0105%	1h	31.539	−0.035%	$88K	$22K	10x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.498	−0.164%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDCshort	−0.0085%	1h	31.586	+0.114%	$387K	$654K	5x
01 Exchange VVVUSD	−0.0016%	1h	31.601	+0.162%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.580	+0.095%	$92K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.608	+0.184%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.025%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.554	+0.011%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.559	+0.029%	$466K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.611	+0.194%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.616	+0.211%	$143K	$924K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.574	+0.076%	$70.7M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.569	+0.059%	$250K	$792K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.629	+0.251%	$187K	$126K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.560	+0.032%	$33.9M	$117.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.522	−0.089%	$38.5M	$40.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.548	−0.006%	$4.9M	$29.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.529	−0.067%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.567	+0.054%	$6.9M	$5.7M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.550	long leg	$1.7M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.542	−0.025%	$5.8M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.561	+0.035%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.531	−0.060%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.606	+0.177%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.624	+0.235%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.560	+0.032%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.546	−0.013%	$302K	$1.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.601	+0.163%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.614	+0.202%	$79K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.565	+0.048%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.698	+0.469%	$33K	$232K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0400%	1h	31.559	+0.027%	$155K	$269K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0207%	1h	31.603	+0.167%	$507K	—	100x	as long as short