Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Nado+0.014%7-day average −0.049% · 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−$94as in the Price arb table

costs, in and out, $10k−$1011.005% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.377%−$38 · spread now +0.014%, 7d avg −0.049%

Together, before fees−0.375%+ Points / potential airdropNado: Active · farm board−$38 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: KuCoin is 0.063% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.049%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	31.137	0.0100	pay 0.0012% / 1h	12m 33s	$145K	$850K	3x
Short	KuCoin VVVUSDTM	31.142	0.0100	get 0.0050% / 4h	1h 12m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.049%: $6.32
Slippage, 4 orders: −$81.51
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$94.19
Costs to cover: 1.005%
Break-even: 9677089345495964.0 days

Slippage from Nado: live order book, 51 min ago; KuCoin: live order book, 4 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	5.43 bp	10.3 bp −$10	34.9 bp −$349	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	11.66 bp	35.0 bp −$35	223.6 bp −$2,236	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	−0.0152%	1h	31.118	−0.062%	$382K	$651K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.175	+0.122%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.201	+0.204%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0006%	4h	31.127	−0.034%	$10.4M	$6.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.403%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0084%	1h	31.130	−0.024%	$130K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.155	+0.056%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.164	+0.085%	$461K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.131	−0.022%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.137	long leg	$145K	$850K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.152	+0.047%	$71.5M	$51.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.177	+0.126%	$251K	$1.3M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.165	+0.089%	$186K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.135	−0.008%	$33.1M	$138.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.129	−0.027%	$38.3M	$45.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.136	−0.005%	$4.7M	$36.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.134	−0.011%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.142	+0.014%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.128	−0.031%	$5.7M	$7.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.157	+0.063%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.743	+1.946%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.173	+0.113%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.203	+0.210%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.130	−0.023%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.184	+0.151%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.737	+1.925%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0136%	4h	31.193	+0.178%	$1.2M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0152%	1h	31.124	−0.043%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0153%	1h	31.247	+0.352%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.664%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0173%	8h	31.208	+0.226%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.186	+0.154%	$562K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0338%	1h	31.193	+0.179%	$123K	$286K	5x	as long as short