Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX−0.105%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1361.363% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.126%+$13 · spread now −0.105%, 7d avg −0.006%

Together, before fees+0.126%+$13 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 0.099% cheaper against OKX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.530	0.0100	pay 0.0050% / 4h	3h 38m	$4.8M	$26.2M	20x
Short	KuCoin VVVUSDTM	31.497	0.0100	get 0.0050% / 4h	3h 38m	$1.7M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.105%Rate

Funding earned: $0
Price spread: −0.105% → −0.006%: −$9.88
Slippage, 4 orders: −$114.27
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$146.15
Costs to cover: 1.363%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; KuCoin: live order book, 8 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 OKX live order book, 5 min ago	2.85 bp	16.2 bp −$16	89.1 bp −$891	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	9.90 bp	48.6 bp −$49	246.9 bp −$2,469	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	−0.0349%	1h	31.459	−0.224%	$386K	$683K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.494	−0.114%	$98K	$5.2M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.483	−0.150%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.791	+0.829%	$192K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.479	−0.163%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.091%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0086%	4h	31.497	−0.105%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.478	−0.164%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.480	−0.159%	$464K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.470	−0.191%	$3K	$51	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-PERP	+0.0100%	1h	31.480	−0.157%	$188K	$975K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.506	−0.076%	$249K	$498K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.482	−0.152%	$185K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.532	+0.008%	$33.6M	$106.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.520	−0.032%	$38.4M	$38.8M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.530	long leg	$4.8M	$26.2M	20x
Gate VVV_USDT	+0.0100%	4h	31.507	−0.073%	$11.9M	$4.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.534	+0.013%	$7.0M	$4.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.497	−0.105%	$1.7M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	31.503	−0.086%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.539	+0.029%	—	$4.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.453	−0.243%	$2.0M	$370K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.474	−0.178%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.474	−0.179%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.501	−0.092%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.528	−0.005%	$294K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.468	−0.196%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	31.502	−0.090%	$78K	$329K	10x	as long as short
Hyperliquid VVV	+0.0108%	1h	31.524	−0.019%	$70.2M	$42.7M	3x	as long as short
Phoenix VVV	+0.0229%	1h	31.608	+0.247%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0392%	1h	31.478	−0.165%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0217%	1h	31.475	−0.175%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0849%	1h	31.523	−0.022%	$169K	$263K	5x	as long as short