Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%

Price spread now: MEXC against Nado+0.200%7-day average +0.005% · 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−$23as in the Price arb table

costs, in and out, $10k−$430.430% of the position

Long on Nado Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 4 days (all we have)−0.799%−$80 · spread now +0.200%, 7d avg +0.005%

Together, before fees−0.739%+ Points / potential airdropNado: Active · farm board−$74 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: MEXC is 0.196% dearer against Nado than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	31.457	0.0100	pay 0.0012% / 1h	40m 09s	$124K	$844K	3x
Short	MEXC VVV_USDT	31.520	0.0100	get 0.0050% / 4h	2h 40m	$6.4M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.200%Rate

Funding earned: $0
Price spread: +0.200% → +0.005%: $19.55
Slippage, 4 orders: −$35.98
Fee Nado: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$23.43
Costs to cover: 0.430%
Break-even: 2407186203658831.5 days

Slippage from Nado: live order book, 28 min ago; MEXC: live order book, 3 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, 28 min ago	8.47 bp	12.2 bp −$12	33.4 bp −$334	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.63 bp	5.0 bp −$5	62.5 bp −$625	237.4 bp −$23.7K	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
Bybit VVVUSDT	−0.0260%	4h	31.508	+0.163%	$38.6M	$51.5M	20x	as long as short
Polymarket Perps VVV-USD	−0.0138%	1h	31.455	−0.006%	$145K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0128%	4h	31.454	−0.010%	$10.6M	$7.1M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.471	+0.044%	$386K	$615K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.520	+0.200%	$118K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.585	+0.407%	$50K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.487	+0.095%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.477	+0.065%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.473	+0.051%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.333%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.664%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.504	+0.148%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.494	+0.118%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.479	+0.070%	$3K	$81	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.457	long leg	$124K	$844K	3x
Hyperliquid VVV	+0.0100%	1h	31.469	+0.039%	$72.6M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.471	+0.044%	$255K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.509	+0.165%	$188K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.518	+0.195%	$33.3M	$152.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.510	+0.168%	$4.7M	$40.4M	20x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.520	+0.200%	$6.4M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.484	+0.086%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.484	+0.086%	$5.7M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.468	+0.035%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.468	+0.034%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.481	+0.075%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.532	+0.238%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.482	+0.081%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.465	+0.024%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.594	+0.434%	$78K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0139%	1h	31.514	+0.182%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.464	+0.021%	$569K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.366	−0.291%	$235K	$1.2M	25x	as long as short