Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.120%

Price spread now: 01 Exchange against KuCoin−0.121%56s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.121% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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	32.141	0.0100	pay 0.0050% / 4h	26m 44s	$2.0M	$2.8M	20x
Short	01 Exchange VVVUSD	32.102	0.0056	get 0.0007% / 1h	26m 44s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.121%Rate

Funding earned: −$9.24
Price spread: −0.121% → 0.000%: −$12.13
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$40.37
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 5 min ago; 01 Exchange: no order-book sample. Net counts fees only.

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, 5 min ago	10.44 bp	94.6 bp −$95	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Kalshi KXVVVPERP	0.0000%	8h	32.149	+0.025%	$110K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.147	+0.019%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.160	+0.060%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.113%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.093	−0.151%	$395K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0044%	1h	32.132	−0.028%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSDshort	+0.0056%	1h	32.102	−0.121%	$11K	$3K	3x
Lighter VVV	+0.0096%	1h	32.138	−0.010%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.132	−0.028%	$478K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.132	−0.026%	$127K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.184	+0.133%	$74.5M	$55.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.170	+0.090%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.145	+0.013%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.123	−0.056%	$33.6M	$156.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.086	−0.172%	$39.4M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.095	−0.143%	$4.7M	$42.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.093	−0.149%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.125	−0.050%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.141	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.102	−0.121%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.103	−0.118%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.089	−0.162%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.140	−0.002%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.166	+0.078%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.108	−0.101%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.097	−0.138%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.151	+0.030%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0105%	4h	32.146	+0.016%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.120	−0.065%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.130	−0.034%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0141%	1h	32.197	+0.175%	$122K	$358K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0173%	1h	32.151	+0.030%	$618K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.425%	$242K	$1.3M	25x	as long as short