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 +0.022%

Price spread now: Binance against KuCoin−0.068%7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1041.037% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days+0.002%$0 · spread now −0.068%, 7d avg +0.044%

Together, before fees+0.061%+$6 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: Binance is 0.112% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.044%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.342	0.0100	pay 0.0050% / 4h	2h 04m	$1.8M	$2.8M	20x
Short	Binance VVVUSDT	31.321	0.0100	get 0.0050% / 4h	2h 04m	$33.8M	$121.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → +0.044%: −$11.16
Slippage, 4 orders: −$81.65
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$114.81
Costs to cover: 1.037%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; Binance: live order book, 9 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 KuCoin live order book, 3 min ago	10.05 bp	31.5 bp −$32	426.3 bp −$4,263	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.16 bp	12.3 bp −$12	38.3 bp −$383	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	−0.0329%	1h	31.203	−0.444%	$390K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.362	+0.064%	$188K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.271	−0.227%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.332	−0.031%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.716%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.232	−0.352%	$2.0M	$4.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.260	−0.262%	$458K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.249	−0.296%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.221	−0.384%	$162K	$897K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.301	−0.131%	$70.4M	$48.0M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.350	+0.026%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.278	−0.206%	$185K	$128K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.321	−0.068%	$33.8M	$121.4M	25x
Bybit VVVUSDT	+0.0100%	4h	31.344	+0.006%	$38.7M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.334	−0.026%	$4.9M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.342	0.000%	$11.1M	$5.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.324	−0.057%	$6.7M	$5.8M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.342	long leg	$1.8M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.227	−0.367%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.358	+0.051%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.292	−0.159%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.234	−0.345%	$117K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.270	−0.230%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.271	−0.227%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.261	−0.260%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.284	−0.184%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	31.307	−0.111%	$78K	$332K	10x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	31.211	−0.418%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	+0.0141%	8h	31.285	−0.182%	$93K	$5.5M	1.7x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.302	−0.128%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	31.312	−0.096%	$33K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0198%	1h	31.352	+0.031%	$499K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0430%	1h	31.313	−0.092%	$152K	$263K	5x	as long as short