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 −0.023%

Price spread now: Nado against BingX+0.008%7-day average +0.019% · 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−$46as in the Price arb table

costs, in and out, $10k−$450.453% of the position

Long on BingX 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)+0.653%+$65 · spread now +0.008%, 7d avg +0.019%

Together, before fees+0.593%+ Points / potential airdropNado: Active · farm board+$59 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.516	0.0100	pay 0.0050% / 4h	8m 23s	—	$4.6M	—
Short	Nado VVV-PERP	31.518	0.0100	get 0.0012% / 1h	8m 23s	$162K	$952K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.008%Rate

Funding earned: $0
Price spread: +0.008% → +0.019%: −$1.07
Slippage, 4 orders: −$28.29
Fee BingX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$46.36
Costs to cover: 0.453%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; Nado: live order book, 30 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, 7 min ago	0.48 bp	13.3 bp −$13	38.2 bp −$382	320.8 bp −$32.1K	758.5 bp −$379.2K
Sell Nado live order book, 30 min ago	4.43 bp	7.9 bp −$8	30.9 bp −$309	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	31.480	−0.115%	$391K	$668K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.499	−0.053%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.527	+0.035%	$94K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.526	+0.033%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.503	−0.043%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.138%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0068%	4h	31.489	−0.086%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.508	−0.025%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.511	−0.016%	$464K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.508	−0.026%	$3K	$73	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-PERPshort	+0.0100%	1h	31.518	+0.008%	$162K	$952K	3x
Hyperliquid VVV	+0.0100%	1h	31.546	+0.095%	$70.5M	$44.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.517	+0.003%	$249K	$616K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.520	+0.011%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.523	+0.022%	$33.6M	$112.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.500	−0.051%	$38.4M	$39.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.504	−0.038%	$4.8M	$27.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.515	−0.003%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.494	−0.070%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.495	−0.067%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.516	long leg	—	$4.6M	—
Variational Omni VVV	+0.0100%	4h	31.433	−0.265%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.496	−0.063%	$123K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.511	−0.017%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.538	+0.070%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.523	+0.023%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.512	−0.011%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.519	+0.010%	$1.3M	$1.4M	25x	as long as short
edgeX VVVUSDC	+0.0111%	4h	31.478	−0.120%	$78K	$329K	10x	as long as short
01 Exchange VVVUSD	+0.0168%	1h	31.527	+0.035%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.520	+0.013%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0214%	1h	31.508	−0.026%	$507K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0474%	1h	31.553	+0.119%	$160K	$270K	5x	as long as short