Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.027%

Price spread now: BingX against Nado+0.050%53s7-day average −0.020% · 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—prices read too far apart to compare

costs, in and out, $10k−$600.600% of the position

Long on Nado Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.063%+$6 on $10k

Price spread, last 4 days (all we have)−0.711%−$71 · spread now +0.050%, 7d avg −0.020%

Together, before fees−0.648%+ Points / potential airdropNado: Active · farm board−$65 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: BingX is 0.070% dearer against Nado than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.020%. The two prices were read 53 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	Nado VVV-PERP	31.828	0.0100	pay 0.0012% / 1h	27m 42s	$132K	$847K	3x
Short	BingX VVV-USDT	31.844	0.0100	get 0.0050% / 4h	2h 27m	—	$5.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Nado. 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 NadobpFee BingXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0
Price spread: +0.050% → −0.020%: $6.99
Slippage, 4 orders: −$42.97
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$52.98
Costs to cover: 0.600%
Break-even: 5442668287631994.0 days

Slippage from Nado: live order book, 41 min ago; BingX: live order book, 2 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 Nado live order book, 41 min ago	8.47 bp	12.2 bp −$12	33.4 bp −$334	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	0.78 bp	14.9 bp −$15	43.4 bp −$434	216.1 bp −$21.6K	678.4 bp −$339.2K

VVV on 32 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	−0.0111%	1h	31.823	−0.017%	$400K	$621K	5x	as long as short
Gate VVV_USDT	−0.0040%	4h	31.811	−0.053%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0025%	1h	31.812	−0.050%	$146K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.840	+0.038%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.929	+0.317%	$49K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.832	+0.012%	$2K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0023%	1h	31.846	+0.056%	$89K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.117%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDT	+0.0041%	4h	31.826	−0.008%	$39.0M	$50.7M	20x	as long as short
Lighter VVV	+0.0096%	1h	31.848	+0.063%	$2.2M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.827	−0.003%	$470K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.839	+0.034%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.828	long leg	$132K	$847K	3x
Hyperliquid VVV	+0.0100%	1h	31.879	+0.160%	$73.5M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.852	+0.075%	$258K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.861	+0.104%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.834	+0.019%	$33.9M	$149.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.843	+0.047%	$4.7M	$40.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.848	+0.063%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.821	−0.022%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.813	−0.047%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.844	+0.050%	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.875	+0.146%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.830	+0.007%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.841	+0.041%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.831	+0.009%	$302K	$1.9M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	31.854	+0.082%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.865	+0.117%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.841	+0.041%	$79K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.828	+0.001%	$575K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.919	+0.287%	$234K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0303%	1h	31.867	+0.122%	$123K	$317K	5x	as long as short