Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.025%

Price spread now: KuCoin against Extended+0.012%7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$113as in the Price arb table

costs, in and out, $10k−$1151.150% of the position

Long on Extended Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.012%, 7d avg −0.006%

Together, before fees−0.154%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.516	0.0104	pay 0.0013% / 1h	39m 39s	$299K	$1.9M	5x
Short	KuCoin VVVUSDTM	31.520	0.0100	get 0.0050% / 4h	2h 39m	$1.8M	$2.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Extended. 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 ExtendedbpFee KuCoinbpOrdersPrice spread, now +0.012%Rate

Funding earned: −$0.84
Price spread: +0.012% → −0.006%: $1.8
Slippage, 4 orders: −$97.96
Fee Extended: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.01
Costs to cover: 1.150%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; KuCoin: live order book, 2 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 Extended live order book, 4 min ago	1.99 bp	20.2 bp −$20	224.7 bp −$2,247	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	11.43 bp	33.3 bp −$33	195.9 bp −$1,959	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
Bybit VVVUSDT	−0.0228%	4h	31.521	+0.016%	$38.6M	$51.5M	20x	as long as short
Polymarket Perps VVV-USD	−0.0138%	1h	31.455	−0.194%	$145K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0128%	4h	31.533	+0.054%	$10.6M	$7.1M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.503	−0.043%	$387K	$615K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.520	+0.012%	$118K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.585	+0.219%	$50K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.487	−0.093%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.477	−0.122%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.473	−0.137%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.137%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.476%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.518	+0.005%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.505	−0.035%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.518	+0.005%	$3K	$81	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.457	−0.187%	$124K	$844K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.555	+0.123%	$72.8M	$53.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.513	−0.009%	$256K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.531	+0.048%	$188K	$177K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.523	+0.021%	$33.3M	$152.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.534	+0.057%	$4.7M	$40.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.519	+0.009%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.520	+0.012%	$1.8M	$2.9M	20x
Bitget VVVUSDT	+0.0100%	4h	31.516	0.000%	$5.7M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.538	+0.070%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.468	−0.154%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.481	−0.112%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.532	+0.050%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.516	long leg	$299K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.465	−0.163%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.594	+0.246%	$78K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0151%	1h	31.529	+0.040%	$122K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.464	−0.167%	$569K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.366	−0.478%	$235K	$1.2M	25x	as long as short