Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.022%

Price spread now: Nado against Binance−0.021%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$570.567% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.060%−$6 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.021%, 7d avg +0.002%

Together, before fees+0.028%+ Points / potential airdropNado: Active · farm board+$3 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: Nado is 0.023% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	31.602	0.0100	pay 0.0050% / 4h	52m 22s	$33.8M	$116.4M	25x
Short	Nado VVV-PERP	31.596	0.0100	get 0.0012% / 1h	52m 22s	$145K	$930K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now −0.021%Rate

Funding earned: $0
Price spread: −0.021% → +0.002%: −$2.34
Slippage, 4 orders: −$39.68
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$59.02
Costs to cover: 0.567%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Nado: live order book, 51 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 Binance live order book, 6 min ago	0.32 bp	14.4 bp −$14	47.9 bp −$479	doesn't fit	doesn't fit
Sell Nado live order book, 51 min ago	5.72 bp	15.5 bp −$15	33.3 bp −$333	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	−0.0337%	1h	31.556	−0.146%	$387K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.538	−0.202%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.610	+0.024%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.579	−0.073%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.587	−0.050%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.853%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.581	−0.069%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.579	−0.074%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.563	−0.125%	$3K	$73	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	31.596	−0.021%	$145K	$930K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.611	+0.028%	$70.8M	$45.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.625	+0.072%	$250K	$750K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.603	+0.002%	$186K	$125K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.602	long leg	$33.8M	$116.4M	25x
Bybit VVVUSDT	+0.0100%	4h	31.572	−0.096%	$38.6M	$40.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.592	−0.032%	$4.9M	$29.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.572	−0.096%	$11.5M	$5.2M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.596	−0.020%	$6.9M	$5.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.598	−0.013%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.560	−0.134%	$5.8M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.582	−0.064%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.434	−0.533%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.570	−0.102%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.610	+0.024%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.602	−0.001%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.576	−0.082%	$302K	$1.4M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.588	−0.044%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	31.457	−0.458%	$78K	$330K	10x	as long as short
BloFin VVV-USDT	+0.0114%	4h	31.634	+0.100%	$1.4M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0160%	1h	31.590	−0.039%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.649	+0.148%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0437% / S −0.0208%	1h	31.577	−0.081%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0543%	1h	31.651	+0.156%	$149K	$270K	5x	as long as short