Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Bitget+0.141%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1191.187% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.052%−$5 · spread now +0.141%, 7d avg +0.027%

Together, before fees−0.051%−$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 0.114% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	32.552	0.0100	pay 0.0050% / 4h	1h 49m	$5.9M	$8.8M	20x
Short	KuCoin VVVUSDTM	32.598	0.0100	get 0.0050% / 4h	1h 49m	$2.1M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now +0.141%Rate

Funding earned: $0
Price spread: +0.141% → +0.027%: $11.4
Slippage, 4 orders: −$94.73
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$107.32
Costs to cover: 1.187%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 3 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 Bitget live order book, 4 min ago	4.78 bp	21.0 bp −$21	58.4 bp −$584	doesn't fit	doesn't fit
Sell KuCoin live order book, 3 min ago	11.66 bp	40.7 bp −$41	258.5 bp −$2,585	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
Deribit VVV_USDC-PERPETUAL	−0.0637%	1h	32.543	−0.027%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.646	+0.289%	$105K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.624	+0.221%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.823%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0076%	4h	32.558	+0.018%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.560	+0.025%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.563	+0.034%	$487K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.658	+0.326%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.602	+0.154%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.631	+0.242%	$276K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.617	+0.201%	$187K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.552	+0.001%	$34.3M	$155.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.538	−0.044%	$40.1M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.537	−0.046%	$4.8M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.562	+0.031%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.590	+0.117%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.598	+0.141%	$2.1M	$2.8M	20x
Bitget VVVUSDTlong	+0.0100%	4h	32.552	long leg	$5.9M	$8.8M	20x
BingX VVV-USDT	+0.0100%	4h	32.563	+0.034%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.608	+0.173%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.606	+0.166%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.583	+0.095%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.578	+0.080%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.606	+0.167%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.558	+0.017%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.625	+0.224%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.677	+0.383%	$81K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.667	+0.352%	$199K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.613	+0.188%	$400K	$590K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0134%	1h	32.605	+0.162%	$593K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0393%	1h	32.571	+0.057%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0544%	1h	32.655	+0.316%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0840%	1h	32.594	+0.129%	$76.0M	$55.3M	3x	as long as short