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 −0.022%

Price spread now: Gate against Nado−0.021%50s7-day average −0.093% · 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—prices read too far apart to compare

costs, in and out, $10k−$750.752% of the position

Long on Nado Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 3 days (all we have)−0.279%−$28 · spread now −0.021%, 7d avg −0.093%

Together, before fees−0.309%+ Points / potential airdropNado: Active · farm board−$31 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: Gate is 0.072% dearer against Nado than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.093%. The two prices were read 50 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	31.460	0.0100	pay 0.0012% / 1h	36m 35s	$144K	$781K	3x
Short	Gate VVV_USDT	31.454	0.0100	get 0.0050% / 4h	2h 36m	$10.6M	$7.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → −0.093%: $7.19
Slippage, 4 orders: −$53.21
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$68.03
Costs to cover: 0.752%
Break-even: 6988853588196789.0 days

Slippage from Nado: live order book, 51 min ago; Gate: 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, 51 min ago	9.37 bp	15.5 bp −$16	30.2 bp −$302	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	2.39 bp	27.0 bp −$27	133.6 bp −$1,336	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	−0.0135%	1h	31.434	−0.083%	$90K	$22K	10x	as long as short
01 Exchange VVVUSD	−0.0024%	1h	31.478	+0.056%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.510	+0.157%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.455	−0.018%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.321%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0062%	1h	31.433	−0.087%	$134K	$1.2M	3x	as long as short
BloFin VVV-USDT	+0.0064%	4h	31.437	−0.075%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.253%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.452	−0.027%	$385K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.453	−0.022%	$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	31.439	−0.068%	$464K	$1.6M	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.460	long leg	$144K	$781K	3x
Hyperliquid VVV	+0.0100%	1h	31.487	+0.084%	$71.8M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.471	+0.034%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.469	+0.027%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.472	+0.037%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.453	−0.024%	$38.8M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.464	+0.011%	$4.7M	$41.0M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.454	−0.021%	$10.6M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	31.452	−0.027%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.461	+0.002%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.441	−0.062%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.460	−0.002%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.327	−0.424%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.439	−0.067%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.417	−0.138%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.450	−0.032%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.449	−0.036%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.455	−0.019%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.255%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0207%	1h	31.457	−0.011%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.472	+0.038%	$176K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.445	−0.048%	$537K	—	100x	as long as short