Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h +0.090%

Price spread now: 01 Exchange against KuCoin−0.134%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.134% cheaper against KuCoin than usual: you would sell low and buy high (−$13 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	31.427	0.0100	pay 0.0050% / 4h	1h 38m	$1.8M	$2.8M	20x
Short	01 Exchange VVVUSD	31.385	0.0008	get 0.0001% / 1h	38m 26s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.134%Rate

Funding earned: −$19.32
Price spread: −0.134% → 0.000%: −$13.36
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$51.68
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 9 min ago; 01 Exchange: 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, 9 min ago	8.93 bp	35.8 bp −$36	667.0 bp −$6,670	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.588	+0.511%	$190K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.374	−0.168%	$385K	$646K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.482	+0.175%	$87K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.468	+0.130%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.431	+0.013%	$22K	—	150x	as long as short
01 Exchange VVVUSDshort	+0.0008%	1h	31.385	−0.134%	$11K	$3K	3x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.432%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.381	−0.148%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.396	−0.099%	$461K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0099%	4h	31.479	+0.165%	$1.4M	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.395	−0.101%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.410	−0.056%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.430	+0.009%	$70.7M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.444	+0.054%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.428	+0.002%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.438	+0.034%	$33.9M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.416	−0.035%	$38.6M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.405	−0.070%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.407	−0.064%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.405	−0.070%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.427	long leg	$1.8M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.395	−0.102%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.418	−0.029%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.470	+0.138%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.390	−0.118%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.468	+0.130%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.475	+0.153%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.398	−0.093%	$301K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.479	+0.165%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.503	+0.241%	$78K	$331K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.505	+0.248%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0429% / S −0.0201%	1h	31.466	+0.125%	$503K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0504%	1h	31.488	+0.194%	$150K	$264K	5x	as long as short