Funding you earn now, next payment 07:00 UTC−0.0140%/8h= −15.3% APRnext payment −$0.17 per $10,000 · paid last 24h +0.005%
Price spread now: Coinbase International against Nado−0.593%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 4 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.593%, 7d avg −0.006%
=Together, before fees+0.315%+ Points / potential airdropNado: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Coinbase International is 0.587% cheaper against Nado than usual: you would sell low and buy high (−$59 if the spread goes back to its 7-day average of −0.006%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.066%, 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 | Nado VVV-PERP | 31.708 | 0.0100 | pay 0.0012% / 1h | 41m 42s | $147K | $933K | 3x |
| Short | Coinbase International VVV-PERP-INTX | 31.520 | −0.0040 | pay 0.0005% / 1h | 41m 42s | $187K | $1.3M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.4
- Price spread: −0.593% → −0.006%
- −$58.68
- Slippage, 4 orders
- −$54.73
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$159.81
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from Nado: live order book, 62 min ago; Coinbase International: 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, 62 min ago | 5.72 bp | 13.3 bp −$13 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 13.50 bp | 23.6 bp −$24 | 41.0 bp −$410 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.0337% | 1h | 31.719 | +0.033% | $389K | $660K | 5x | as long as short |
| Coinbase International VVV-PERP-INTXshort | −0.0040% | 1h | 31.520 | −0.593% | $187K | $1.3M | 25x | |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.710 | +0.005% | $92K | $5.4M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.737 | +0.089% | $88K | $22K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.755 | +0.146% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +3.505% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.693 | −0.048% | $2.0M | $4.2M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.689 | −0.061% | $466K | $1.6M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.696 | −0.040% | $3K | $73 | 5x | as long as short |
| Nado VVV-PERPlong | +0.0100% | 1h | 31.708 | long leg | $147K | $933K | 3x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid VVV | +0.0100% | 1h | 31.726 | +0.055% | $71.0M | $45.2M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.734 | +0.080% | $251K | $661K | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.703 | −0.016% | $187K | $124K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.727 | +0.057% | $33.9M | $114.9M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.695 | −0.043% | $38.7M | $40.3M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.702 | −0.020% | $4.9M | $28.8M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.686 | −0.071% | $11.6M | $5.2M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.723 | +0.046% | $7.0M | $5.3M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.705 | −0.011% | $1.7M | $2.7M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.714 | +0.017% | $5.8M | $6.7M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.692 | −0.052% | — | $4.7M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.569 | −0.439% | $2.0M | $355K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.706 | −0.008% | $123K | $1.4M | 3x | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.742 | +0.105% | $3K | $3K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.733 | +0.077% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.713 | +0.014% | $302K | $1.5M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.731 | +0.071% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0109% | 4h | 31.651 | −0.180% | $79K | $332K | 10x | as long as short |
| BloFin VVV-USDT | +0.0147% | 4h | 31.647 | −0.194% | $1.4M | $1.4M | 25x | as long as short |
| 01 Exchange VVVUSD | +0.0176% | 1h | 31.703 | −0.017% | $11K | $2K | 3x | as long as short |
| Phoenix VVV | +0.0203% | 1h | 31.603 | −0.333% | $33K | $215K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0439% / S −0.0210% | 1h | 31.751 | +0.133% | $510K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0452% | 1h | 31.776 | +0.212% | $164K | $274K | 5x | as long as short |
Coinbase International VVV-PERP-INTX
RISEx VVV/USDC
Kalshi KXVVVPERP
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Derive VVV-PERP
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
BloFin VVV-USDT
01 Exchange VVVUSD
Phoenix VVV
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP