Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Nado−0.102%7-day average −0.073% · 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−$97as in the Price arb table

costs, in and out, $10k−$940.937% of the position

Long on Nado Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.009%+$1 · spread now −0.102%, 7d avg −0.073%

Together, before fees+0.009%+ Points / potential airdropNado: Active · farm board+$1 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: Bitget is 0.029% cheaper against Nado than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.007	0.0100	pay 0.0012% / 1h	21m 20s	$126K	$850K	3x
Short	Bitget VVVUSDT	31.975	0.0100	get 0.0050% / 4h	21m 20s	$5.8M	$8.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Nado. 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 NadobpFee BitgetbpOrdersPrice spread, now −0.102%Rate

Funding earned: $0
Price spread: −0.102% → −0.073%: −$2.86
Slippage, 4 orders: −$74.7
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$96.56
Costs to cover: 0.937%
Break-even: 9920004991337836.0 days

Slippage from Nado: live order book, 57 min ago; Bitget: live order book, 2 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 Nado live order book, 57 min ago	19.00 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.91 bp	15.8 bp −$16	43.0 bp −$430	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
Kalshi KXVVVPERP	0.0000%	8h	32.033	+0.080%	$107K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.980	−0.085%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.993	−0.045%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0029%	1h	31.984	−0.073%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.538%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.995	−0.039%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.999	−0.027%	$393K	$604K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.018	+0.034%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.000	−0.023%	$476K	$1.6M	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	32.007	long leg	$126K	$850K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.044	+0.114%	$74.2M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.015	+0.023%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.023	+0.049%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.990	−0.055%	$33.5M	$156.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.981	−0.083%	$39.3M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.990	−0.055%	$4.6M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.987	−0.064%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.011	+0.011%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.992	−0.048%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	31.975	−0.102%	$5.8M	$8.9M	20x
BingX VVV-USDT	+0.0100%	4h	32.002	−0.017%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.987	−0.063%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.984	−0.074%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.033	+0.080%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.010	+0.007%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.979	−0.091%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.983	−0.075%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.032	+0.076%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.110	+0.320%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0133%	1h	32.032	+0.078%	$123K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0153%	4h	31.964	−0.136%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0119%	1h	31.995	−0.038%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.844%	$242K	$1.3M	25x	as long as short