Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.009%

Price spread now: Deribit against KuCoin−0.108%7-day average — · you buy dearer than you sell

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

Long on KuCoin Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.108% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	32.097	0.0100	pay 0.0050% / 4h	1h 24m	$2.0M	$2.8M	20x
Short	Deribit VVV_USDC-PERPETUAL	32.062	0	get 0.0000% / 1h	24m 08s	$91K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.108%Rate

Funding earned: −$21
Price spread: −0.108% → 0.000%: −$10.84
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$50.84
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; Deribit: no order-book sample. 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 KuCoin live order book, 3 min ago	10.91 bp	35.1 bp −$35	809.2 bp −$8,092	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	32.062	−0.108%	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.092	−0.016%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.253%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0074%	4h	32.078	−0.059%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.071	−0.080%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.048	−0.153%	$476K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.033	−0.199%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.100	+0.011%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.080	−0.053%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.143	+0.144%	$184K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.069	−0.087%	$33.5M	$157.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.039	−0.180%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.034	−0.196%	$4.7M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.086	−0.034%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.077	−0.062%	$6.2M	$7.1M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.097	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.060	−0.115%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.088	−0.028%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.077	−0.061%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.076	−0.065%	$135K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.062	−0.110%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.086	−0.034%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.123	+0.080%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.289	+0.598%	$80K	$331K	10x	as long as short
Kalshi KXVVVPERP	+0.0101%	8h	32.117	+0.062%	$105K	$6.9M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.056	−0.126%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.060	−0.115%	$6K	$13K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.185	+0.274%	$190K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.100	+0.010%	$394K	$597K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0187% / S +0.0167%	1h	32.083	−0.044%	$617K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0234%	1h	32.071	−0.080%	$121K	$375K	5x	as long as short
01 Exchange VVVUSD	+0.0408%	1h	32.104	+0.022%	$11K	$3K	3x	as long as short
Hyperliquid VVV	+0.0440%	1h	32.105	+0.025%	$74.5M	$56.0M	3x	as long as short