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% APRpaid last 24h −0.004%

Price spread now: Variational Omni against Nado−0.242%7-day average −0.071% · you buy dearer than you sell

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

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.071%−$7 · spread now −0.242%, 7d avg −0.071%

Together, before fees−0.074%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$7 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: Variational Omni is 0.170% cheaper against Nado than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.227	0.0100	pay 0.0012% / 1h	55m 15s	$125K	$796K	3x
Short	Variational Omni VVV	32.149	0.0100	get 0.0050% / 4h	55m 15s	$2.1M	$183K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.242%Rate

Funding earned: $0
Price spread: −0.242% → −0.071%: −$17.01
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$24.01
Costs to cover: 0.070%
Break-even: 2466301181667722.0 days

Slippage unknown: Nado: live order book, 23 min ago; Variational Omni: RFQ quote, 4 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, 23 min ago	19.00 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.04 bp	doesn't fit	47.9 bp −$479	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	32.159	−0.209%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.234	+0.023%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.244	+0.054%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.842%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.224	−0.007%	$396K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0051%	1h	32.216	−0.033%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	32.227	+0.002%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.276	+0.154%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.201	−0.079%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.054	−0.535%	$56K	$299K	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERPlong	+0.0100%	1h	32.227	long leg	$125K	$796K	3x
Hyperliquid VVV	+0.0100%	1h	32.252	+0.079%	$74.6M	$56.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.231	+0.014%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.233	+0.020%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.239	+0.039%	$33.7M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.235	+0.026%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.238	+0.036%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.247	+0.064%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.243	+0.051%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.224	−0.008%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.239	+0.039%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.254	+0.085%	—	$5.5M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	32.149	−0.242%	$2.1M	$183K	—
Derive VVV-PERP	+0.0100%	1h	32.235	+0.026%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.266	+0.123%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.228	+0.006%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.238	+0.034%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.241	+0.045%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	32.165	−0.190%	$80K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0138%	4h	32.296	+0.216%	$1.3M	$1.8M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0159%	1h	32.242	+0.047%	$122K	$361K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0170%	1h	32.241	+0.045%	$620K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.159%	$242K	$1.4M	25x	as long as short