Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: KuCoin against gTrade (Gains Network)−0.150%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.150% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.150% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 5.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VVV/USD	30.546	L +0.0004% / S −0.0003%	pay 0.0000% / 1h	41m 33s	$20K	—	150x
Short	KuCoin VVVUSDTM	30.500	0.0100	get 0.0050% / 4h	3h 41m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee KuCoinbpOrdersPrice spread, now −0.150%Rate

Funding earned: $20.18
Price spread: −0.150% → 0.000%: −$14.99
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$18.82
Costs to cover: 0.240%
Break-even: 13.5 days

Slippage unknown: gTrade (Gains Network): no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	11.57 bp	39.1 bp −$39	201.8 bp −$2,018	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	30.451	−0.310%	$373K	$648K	5x	as long as short
Polymarket Perps VVV-USD	−0.0102%	1h	30.526	−0.065%	$127K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.555	+0.028%	$149K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.555	+0.030%	$105K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.536	−0.031%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0003%	1h	30.546	long leg	$20K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.445%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.473	−0.239%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.491	−0.179%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.464	−0.268%	$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-PERP	+0.0100%	1h	30.550	+0.014%	$140K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.483	−0.206%	$69.3M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.499	−0.153%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.495	−0.165%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.486	−0.196%	$32.7M	$126.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.469	−0.251%	$37.9M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.487	−0.192%	$4.7M	$31.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.464	−0.268%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.500	−0.150%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	30.500	−0.150%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.456	−0.294%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.478	−0.222%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.671	+0.409%	$1.8M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.530	−0.052%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.598	+0.171%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.463	−0.270%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.551	+0.016%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	30.570	+0.078%	$76K	$332K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	30.470	−0.248%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0120%	4h	30.588	+0.138%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0129%	1h	30.551	+0.017%	$32K	$257K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0203%	1h	30.555	+0.031%	$121K	$246K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0174%	1h	30.538	−0.026%	$535K	—	100x	as long as short