Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%

Price spread now: KuCoin against BingX+0.150%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$103as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$970.969% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.113%+$11 · spread now +0.150%, 7d avg −0.004%

Together, before fees+0.052%+$5 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 0.154% dearer against BingX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.960	0.0100	pay 0.0050% / 4h	3h 52m	—	$5.5M	—
Short	KuCoin VVVUSDTM	32.008	0.0100	get 0.0050% / 4h	3h 52m	$2.0M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now +0.150%Rate

Funding earned: $0
Price spread: +0.150% → −0.004%: $15.4
Slippage, 4 orders: −$74.89
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$81.49
Costs to cover: 0.969%
Break-even: never at this rate

Slippage from BingX: live order book, 3 min ago; KuCoin: live order book, 5 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 BingX live order book, 3 min ago	0.16 bp	12.2 bp −$12	28.3 bp −$283	302.5 bp −$30.2K	726.0 bp −$363.0K
Sell KuCoin live order book, 5 min ago	9.87 bp	36.3 bp −$36	203.4 bp −$2,034	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
Polymarket Perps VVV-USD	−0.0203%	1h	32.015	+0.172%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0032%	1h	32.043	+0.260%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.038	+0.244%	$394K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.977	+0.053%	$107K	$6.8M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.122%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.032	+0.224%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.051	+0.286%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.691%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	31.849	−0.347%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.985	+0.077%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.968	+0.025%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.035	+0.236%	$126K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.979	+0.059%	$74.1M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.975	+0.047%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.980	+0.063%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.986	+0.082%	$33.6M	$155.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.968	+0.024%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.978	+0.056%	$4.7M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.976	+0.050%	$10.7M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.024	+0.200%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.008	+0.150%	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.988	+0.088%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.960	long leg	—	$5.5M	—
Variational Omni VVV	+0.0100%	4h	31.948	−0.039%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.018	+0.182%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.990	+0.094%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.975	+0.047%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.013	+0.165%	$305K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.994	+0.106%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.933	−0.083%	$79K	$333K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0161%	1h	31.998	+0.120%	$124K	$339K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.053	+0.290%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.966	+0.018%	$240K	$1.3M	25x	as long as short