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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against Bybit+0.094%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1181.178% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.203%+$20 · spread now +0.094%, 7d avg +0.051%

Together, before fees+0.266%+$27 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 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	30.595	0.0100	pay 0.0050% / 4h	3h 17m	$38.1M	$42.7M	20x
Short	KuCoin VVVUSDTM	30.624	0.0100	get 0.0050% / 4h	3h 17m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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 BybitbpFee KuCoinbpOrdersPrice spread, now +0.094%Rate

Funding earned: $0
Price spread: +0.094% → +0.051%: $4.31
Slippage, 4 orders: −$94.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$113.51
Costs to cover: 1.178%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; KuCoin: live order book, 4 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 Bybit live order book, 1 min ago	1.14 bp	17.9 bp −$18	48.3 bp −$483	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	12.43 bp	41.1 bp −$41	219.4 bp −$2,194	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	−0.0417%	1h	30.589	−0.021%	$375K	$641K	5x	as long as short
Polymarket Perps VVV-USD	−0.0128%	1h	30.554	−0.134%	$128K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.294	−0.985%	$145K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.592	−0.011%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.589	−0.020%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.272%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0055%	4h	30.576	−0.062%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.617	+0.072%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.619	+0.079%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.640	+0.147%	$447K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.615	+0.064%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.582	−0.041%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.643	+0.157%	$69.0M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.602	+0.022%	$243K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.632	+0.122%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.607	+0.039%	$33.0M	$125.7M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	30.595	long leg	$38.1M	$42.7M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	30.613	+0.059%	$4.8M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.607	+0.039%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.627	+0.104%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	30.624	+0.094%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.602	+0.023%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.611	+0.052%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.628	+0.108%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.583	−0.040%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.612	+0.055%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	30.632	+0.120%	$76K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.606	+0.036%	$297K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.591	−0.013%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.657	+0.202%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0169%	8h	30.651	+0.183%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0283%	1h	30.638	+0.140%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0176%	1h	30.586	−0.030%	$533K	—	100x	as long as short