Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.029%

Price spread now: edgeX against Nado+0.122%62s7-day average +0.011% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1321.322% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.070%+$7 on $10k

Price spread, last 3 days (all we have)−0.353%−$35 · spread now +0.122%, 7d avg +0.011%

Together, before fees−0.283%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$28 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.111% dearer against Nado than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.258	0.0100	pay 0.0012% / 1h	43m 51s	$164K	$830K	3x
Short	edgeX VVVUSDC	32.298	0.0116	get 0.0058% / 4h	43m 51s	$80K	$334K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.122%Rate

Funding earned: $3.43
Price spread: +0.122% → +0.011%: $11.08
Slippage, 4 orders: −$116.19
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$117.68
Costs to cover: 1.322%
Break-even: 247.4 days

Slippage from Nado: live order book, 34 min ago; edgeX: live order book, 34 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, 34 min ago	19.00 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 34 min ago	0.78 bp	43.0 bp −$43	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
Kalshi KXVVVPERP	0.0000%	8h	32.269	+0.033%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.252	−0.020%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.257	−0.006%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0017%	1h	32.247	−0.036%	$147K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.741%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.272	+0.041%	$396K	$604K	5x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	32.279	+0.064%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.276	+0.055%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.245	−0.042%	$479K	$1.6M	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	32.258	long leg	$164K	$830K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.311	+0.163%	$74.8M	$55.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.316	+0.179%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.290	+0.099%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.299	+0.126%	$33.8M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.272	+0.042%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.287	+0.088%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.279	+0.064%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.274	+0.048%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.277	+0.057%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.281	+0.070%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.283	+0.076%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.328	+0.217%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.249	−0.029%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.253	−0.017%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.280	+0.068%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.294	+0.110%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.279	+0.062%	$6K	$13K	3x	as long as short
edgeX VVVUSDCshort	+0.0116%	4h	32.298	+0.122%	$80K	$334K	10x
Phoenix VVV	+0.0124%	1h	32.322	+0.197%	$57K	$299K	5x	as long as short
BloFin VVV-USDT	+0.0130%	4h	32.369	+0.343%	$1.3M	$1.8M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0137%	1h	32.293	+0.106%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0182% / S +0.0171%	1h	32.246	−0.039%	$620K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.060%	$242K	$1.3M	25x	as long as short