Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: Bybit against Nado+0.052%49s7-day average −0.075% · 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−$630.627% of the position

Long on Nado Short on Bybit

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)−0.442%−$44 · spread now +0.052%, 7d avg −0.075%

Together, before fees−0.446%+ Points / potential airdropNado: Active · farm board−$45 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: Bybit is 0.128% dearer against Nado than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.075%. The two prices were read 49 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	31.449	0.0100	pay 0.0012% / 1h	35m 39s	$144K	$781K	3x
Short	Bybit VVVUSDT	31.466	0.0100	get 0.0050% / 4h	2h 35m	$38.8M	$51.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → −0.075%: $12.79
Slippage, 4 orders: −$44.65
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$49.86
Costs to cover: 0.627%
Break-even: 5122218749827674.0 days

Slippage from Nado: live order book, 52 min ago; Bybit: live order book, 3 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, 52 min ago	9.37 bp	15.5 bp −$16	30.2 bp −$302	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	1.59 bp	21.7 bp −$22	57.5 bp −$575	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	−0.0068%	1h	31.427	−0.071%	$90K	$22K	10x	as long as short
01 Exchange VVVUSD	−0.0024%	1h	31.478	+0.091%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.469	+0.062%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.451	+0.003%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.358%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0054%	1h	31.449	−0.002%	$134K	$1.2M	3x	as long as short
BloFin VVV-USDT	+0.0064%	4h	31.437	−0.040%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.218%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.452	+0.008%	$385K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.483	+0.107%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.478	+0.091%	$467K	$1.6M	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.449	long leg	$144K	$781K	3x
Hyperliquid VVV	+0.0100%	1h	31.512	+0.199%	$71.9M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.494	+0.141%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.483	+0.105%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.478	+0.092%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.466	+0.052%	$38.8M	$51.7M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.479	+0.094%	$4.7M	$41.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.474	+0.078%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.480	+0.097%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.448	−0.005%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.461	+0.037%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.472	+0.072%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.327	−0.389%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.444	−0.017%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.408	−0.132%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.458	+0.028%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.469	+0.061%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.464	+0.047%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.220%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0194%	1h	31.463	+0.043%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.480	+0.099%	$188K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.447	−0.007%	$538K	—	100x	as long as short