Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0226%/8h= +24.8% APRpaid last 24h +0.010%

Price spread now: KuCoin against Polymarket Perps+0.131%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$970.969% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.108%+$11 on $10k

Price spread, last 7 days+0.062%+$6 · spread now +0.131%, 7d avg +0.021%

Together, before fees+0.171%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.110% dearer against Polymarket Perps than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.021%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	30.581	−0.0126	get 0.0016% / 1h	17m 11s	$128K	$1.3M	3x
Short	KuCoin VVVUSDTM	30.621	0.0100	get 0.0050% / 4h	3h 17m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Polymarket Perps. 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 Polymarket PerpsbpFee KuCoinbpOrdersPrice spread, now +0.131%Rate

Funding earned: $47.51
Price spread: +0.131% → +0.021%: $10.99
Slippage, 4 orders: −$76.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$38.36
Costs to cover: 0.969%
Break-even: 12.7 days

Slippage from Polymarket Perps: live order book, 1 min ago; KuCoin: live order book, 5 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 Polymarket Perps live order book, 1 min ago	3.60 bp	7.6 bp −$8	7.8 bp −$78	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	12.43 bp	41.1 bp −$41	219.4 bp −$2,194	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	−0.0417%	1h	30.589	+0.025%	$375K	$641K	5x	as long as short
Polymarket Perps VVV-USDlong	−0.0126%	1h	30.581	long leg	$128K	$1.3M	3x
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.200%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.597	+0.053%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.606	+0.082%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.322%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.617	+0.118%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0082%	4h	30.608	+0.088%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.609	+0.092%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.613	+0.105%	$447K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.615	+0.110%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.630	+0.159%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.612	+0.103%	$69.0M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.641	+0.196%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.632	+0.168%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.609	+0.092%	$33.0M	$125.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.588	+0.024%	$38.1M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.599	+0.059%	$4.8M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.608	+0.088%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.612	+0.101%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	30.621	+0.131%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.602	+0.069%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.617	+0.118%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.628	+0.154%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.598	+0.057%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.613	+0.105%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	30.632	+0.166%	$76K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.607	+0.085%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.607	+0.085%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.657	+0.249%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0206%	8h	30.635	+0.177%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0283%	1h	30.638	+0.186%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.602	+0.070%	$534K	—	100x	as long as short