Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0399%/8h= −43.7% APRpaid last 24h +0.069%

Price spread now: RISEx against KuCoin−0.070%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$890.889% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.348%+$35 on $10k

Price spread, last 7 days−0.083%−$8 · spread now −0.070%, 7d avg −0.007%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and RISEx is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.007%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.348%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	30.920	0.0100	pay 0.0050% / 4h	11m 54s	$1.9M	$2.8M	20x
Short	RISEx VVV/USDC	30.898	−0.0299	pay 0.0037% / 1h	11m 54s	$379K	$629K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$83.79
Price spread: −0.070% → −0.007%: −$6.31
Slippage, 4 orders: −$70.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$179.02
Costs to cover: 0.889%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; RISEx: live order book, 47 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, 5 min ago	10.20 bp	31.2 bp −$31	434.9 bp −$4,349	doesn't fit	doesn't fit
Sell RISEx live order book, 47 min ago	2.84 bp	6.0 bp −$6	doesn't fit	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/USDCshort	−0.0299%	1h	30.898	−0.070%	$379K	$629K	5x
Polymarket Perps VVV-USD	−0.0088%	1h	30.905	−0.049%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.918	−0.006%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.932	+0.038%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.145%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.930	+0.032%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0056%	4h	30.939	+0.061%	$10.4M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.162%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0075%	4h	30.952	+0.103%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.930	+0.033%	$2.1M	$5.3M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.940	+0.065%	$452K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.937	+0.055%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.931	+0.037%	$142K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.959	+0.126%	$70.6M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.944	+0.078%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.958	+0.123%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.949	+0.094%	$33.1M	$128.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.937	+0.055%	$38.5M	$43.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.946	+0.084%	$4.8M	$32.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.942	+0.071%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	30.920	long leg	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.944	+0.078%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.944	+0.078%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.848	−0.234%	$1.9M	$283K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.923	+0.011%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.912	−0.026%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.880	−0.128%	$77K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.938	+0.058%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.928	+0.025%	$6K	—	3x	as long as short
Backpack VVV_USDC_PERP	+0.0136%	1h	30.962	+0.135%	$120K	$249K	5x	as long as short
Kalshi KXVVVPERP	+0.0144%	8h	30.930	+0.032%	$103K	$5.6M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.894	−0.084%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.923	+0.010%	$542K	—	100x	as long as short