Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0211%/8h= +23.1% APRpaid last 24h −0.079%

Price spread now: KuCoin against RISEx+0.064%7-day average +0.010% · 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−$77as in the Price arb table

costs, in and out, $10k−$820.824% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.351%−$35 on $10k

Price spread, last 7 days+0.122%+$12 · spread now +0.064%, 7d avg +0.010%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.054% dearer against RISEx than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.010%. Mind the row above: over the last 3 days funding on this pair cost −0.351%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	31.471	−0.0111	get 0.0014% / 1h	40m 37s	$386K	$615K	5x
Short	KuCoin VVVUSDTM	31.491	0.0100	get 0.0050% / 4h	2h 40m	$1.8M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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 RISExbpFee KuCoinbpOrdersPrice spread, now +0.064%Rate

Funding earned: $44.33
Price spread: +0.064% → +0.010%: $5.39
Slippage, 4 orders: −$64.4
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$32.68
Costs to cover: 0.824%
Break-even: 12.2 days

Slippage from RISEx: live order book, 28 min ago; KuCoin: live order book, 1 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 RISEx live order book, 28 min ago	2.08 bp	5.1 bp −$5	22.1 bp −$221	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	11.43 bp	33.3 bp −$33	195.9 bp −$1,959	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
Bybit VVVUSDT	−0.0260%	4h	31.451	−0.061%	$38.5M	$51.5M	20x	as long as short
Polymarket Perps VVV-USD	−0.0140%	1h	31.489	+0.058%	$145K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0128%	4h	31.475	+0.013%	$10.6M	$7.1M	25x	as long as short
RISEx VVV/USDClong	−0.0111%	1h	31.471	long leg	$386K	$615K	5x
Kalshi KXVVVPERP	0.0000%	8h	31.484	+0.042%	$118K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.585	+0.363%	$50K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.487	+0.051%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.483	+0.040%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.473	+0.007%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.287%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.620%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.485	+0.045%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.463	−0.025%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.479	+0.027%	$3K	$81	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.457	−0.044%	$124K	$844K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.524	+0.169%	$72.7M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.512	+0.131%	$256K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.509	+0.122%	$188K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.492	+0.067%	$33.3M	$152.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.448	−0.072%	$4.7M	$40.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.503	+0.102%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.491	+0.064%	$1.8M	$2.9M	20x
Bitget VVVUSDT	+0.0100%	4h	31.504	+0.106%	$5.7M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.498	+0.086%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.468	−0.010%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.483	+0.038%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.471	+0.001%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.489	+0.058%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.486	+0.049%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.594	+0.390%	$78K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0139%	1h	31.514	+0.138%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.494	+0.075%	$570K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.451	−0.063%	$238K	$1.2M	25x	as long as short