Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: Pacifica against Nado−0.104%7-day average −0.016% · you buy dearer than you sell

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

Long on Nado Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.065%−$6 · spread now −0.104%, 7d avg −0.016%

Together, before fees−0.065%+ Points / potential airdropNado: Active · Pacifica: Active · farm board−$6 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: Pacifica is 0.088% cheaper against Nado than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.158	0.0100	pay 0.0012% / 1h	56m 52s	$125K	$796K	3x
Short	Pacifica VVV	32.125	0.0100	get 0.0013% / 1h	56m 52s	$192K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.104%Rate

Funding earned: $0
Price spread: −0.104% → −0.016%: −$8.75
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.75
Costs to cover: 0.150%
Break-even: 2440157797961569.5 days

Slippage unknown: Nado: live order book, 21 min ago; Pacifica: live order book, 21 min ago. 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, 21 min ago	19.00 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 21 min ago	6.68 bp	23.7 bp −$24	doesn't fit	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
Kalshi KXVVVPERP	0.0000%	8h	32.165	+0.022%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.205	+0.145%	$91K	$23K	10x	as long as short
Polymarket Perps VVV-USD	+0.0003%	1h	32.155	−0.009%	$146K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.193	+0.108%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.059%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.123	−0.108%	$394K	$605K	5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	32.146	−0.037%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.191	+0.102%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.172	+0.044%	$478K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	32.195	+0.115%	$1.3M	$1.8M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix VVV	+0.0098%	1h	32.054	−0.323%	$56K	$299K	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	32.158	long leg	$125K	$796K	3x
Hyperliquid VVV	+0.0100%	1h	32.201	+0.134%	$74.5M	$56.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.157	−0.003%	$264K	$1.9M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	32.125	−0.104%	$192K	$191K	10x
Binance VVVUSDT	+0.0100%	4h	32.181	+0.072%	$33.7M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.167	+0.029%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.165	+0.022%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.142	−0.050%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.177	+0.059%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.185	+0.084%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.164	+0.019%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.169	+0.034%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.134	−0.074%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.189	+0.095%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.196	+0.118%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.128	−0.092%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.146	−0.036%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.168	+0.032%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	32.042	−0.361%	$80K	$332K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0165%	1h	32.206	+0.150%	$122K	$361K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0169%	1h	32.177	+0.058%	$619K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.233	+0.232%	$242K	$1.4M	25x	as long as short