Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Derive against Nado−0.018%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Derive

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	30.870	0.0100	pay 0.0012% / 1h	16m 21s	$142K	$873K	3x
Short	Derive VVV-PERP	30.865	0.0100	get 0.0013% / 1h	16m 21s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.018%Rate

Funding earned: $0
Price spread: −0.018% → 0.000%: −$1.76
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Derive: 3 bp × 2 orders: −$6
Net: −$14.76
Costs to cover: 0.130%
Break-even: 1516690866832478.5 days

Slippage unknown: Nado: live order book, 42 min ago; Derive: 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 Nado live order book, 42 min ago	9.75 bp	13.8 bp −$14	40.8 bp −$408	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
RISEx VVV/USDC	−0.0299%	1h	30.847	−0.075%	$378K	$630K	5x	as long as short
Polymarket Perps VVV-USD	−0.0080%	1h	30.855	−0.049%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.863	−0.022%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.875	+0.017%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.317%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.867	−0.010%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0042%	4h	30.865	−0.016%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	0.000%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0065%	4h	30.891	+0.068%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.853	−0.054%	$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	30.863	−0.023%	$450K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.851	−0.061%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	30.870	long leg	$142K	$873K	3x
Hyperliquid VVV	+0.0100%	1h	30.880	+0.032%	$70.4M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.881	+0.037%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.889	+0.061%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.875	+0.017%	$33.1M	$129.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.855	−0.050%	$38.4M	$43.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.860	−0.032%	$4.8M	$32.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.878	+0.026%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.874	+0.013%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.851	−0.062%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.876	+0.019%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.866	−0.014%	$1.9M	$288K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	30.865	−0.018%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.869	−0.003%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.865	−0.016%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.875	+0.017%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	30.875	+0.017%	$77K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0130%	1h	30.913	+0.138%	$120K	$249K	5x	as long as short
Kalshi KXVVVPERP	+0.0146%	8h	30.923	+0.172%	$103K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.882	+0.039%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.865	−0.016%	$541K	—	100x	as long as short