Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: KuCoin against OKX−0.140%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$123as in the Funding arb table

Net, price: spread back to 7d avg − costs−$137as in the Price arb table

costs, in and out, $10k−$1231.232% of the position

Long on OKX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.192%+$19 · spread now −0.140%, 7d avg −0.006%

Together, before fees+0.192%+$19 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: KuCoin is 0.133% cheaper against OKX than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.536	0.0100	pay 0.0050% / 4h	9m 21s	$4.8M	$27.9M	20x
Short	KuCoin VVVUSDTM	31.492	0.0100	get 0.0050% / 4h	9m 21s	$1.7M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.140%Rate

Funding earned: $0
Price spread: −0.140% → −0.006%: −$13.35
Slippage, 4 orders: −$101.22
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$136.56
Costs to cover: 1.232%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 8 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 OKX live order book, 4 min ago	1.59 bp	15.4 bp −$15	88.0 bp −$880	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	11.93 bp	42.1 bp −$42	205.1 bp −$2,051	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
RISEx VVV/USDC	−0.0337%	1h	31.489	−0.150%	$391K	$668K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.499	−0.116%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.527	−0.029%	$94K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.526	−0.031%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.544	+0.025%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.072%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0066%	4h	31.500	−0.114%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.500	−0.114%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.503	−0.105%	$464K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.496	−0.128%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.510	−0.082%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.550	+0.044%	$70.5M	$44.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.535	−0.003%	$250K	$618K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.517	−0.062%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.535	−0.002%	$33.7M	$112.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.511	−0.079%	$38.4M	$39.7M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.536	long leg	$4.8M	$27.9M	20x
MEXC VVV_USDT	+0.0100%	4h	31.521	−0.048%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.492	−0.140%	$1.7M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	31.512	−0.076%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.550	+0.044%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.433	−0.328%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.502	−0.108%	$123K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.516	−0.065%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.538	+0.006%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.516	−0.064%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.515	−0.065%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.519	−0.054%	$1.3M	$1.4M	25x	as long as short
edgeX VVVUSDC	+0.0111%	4h	31.478	−0.184%	$78K	$329K	10x	as long as short
01 Exchange VVVUSD	+0.0160%	1h	31.535	−0.003%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.520	−0.051%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0214%	1h	31.534	−0.006%	$507K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0466%	1h	31.556	+0.062%	$160K	$272K	5x	as long as short