Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Derive against Nado−0.082%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Derive

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.082% cheaper against Nado than usual: you would sell low and buy high, −$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	30.956	0.0100	pay 0.0012% / 1h	21m 21s	$163K	$891K	3x
Short	Derive VVV-PERP	30.930	0.0100	get 0.0013% / 1h	21m 21s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.082%Rate

Funding earned: $0
Price spread: −0.082% → 0.000%: −$8.23
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Derive: 3 bp × 2 orders: −$6
Net: −$21.23
Costs to cover: 0.130%
Break-even: 2181293276774030.3 days

Slippage unknown: Nado: live order book, 27 min ago; Derive: 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 Nado live order book, 27 min ago	12.38 bp	17.0 bp −$17	40.9 bp −$409	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
RISEx VVV/USDC	−0.0329%	1h	30.941	−0.046%	$387K	$644K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−1.052%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.936	−0.062%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.023%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.911	−0.143%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.923	−0.105%	$451K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.916	−0.127%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	30.956	long leg	$163K	$891K	3x
Hyperliquid VVV	+0.0100%	1h	30.950	−0.018%	$69.7M	$47.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.955	−0.002%	$246K	$1.0M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	30.927	−0.092%	$182K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.951	−0.015%	$33.4M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.918	−0.121%	$38.3M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.930	−0.082%	$4.8M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.942	−0.044%	$10.9M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.961	+0.018%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.967	+0.037%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.921	−0.111%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.948	−0.024%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.729	−0.732%	$1.9M	$350K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	30.936	−0.063%	$119K	$1.4M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	30.930	−0.082%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.933	−0.073%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.940	−0.051%	$295K	$2.2M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	30.955	−0.002%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.947	−0.029%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.916	−0.129%	$77K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0125%	4h	30.925	−0.099%	$1.3M	$1.5M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0177%	1h	30.925	−0.098%	$86K	$22K	10x	as long as short
Kalshi KXVVVPERP	+0.0188%	8h	30.940	−0.050%	$82K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.754	−0.651%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0414%	1h	30.955	−0.002%	$116K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0421% / S −0.0196%	1h	30.928	−0.089%	$495K	—	100x	as long as short