Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Nado against Polymarket Perps+0.058%7-day average +0.039% · 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−$34as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on Polymarket Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.007%+$1 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.058%, 7d avg +0.039%

Together, before fees−0.015%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	32.554	0.0100	pay 0.0013% / 1h	47m 18s	$144K	$1.2M	3x
Short	Nado VVV-PERP	32.573	0.0100	get 0.0012% / 1h	47m 18s	$150K	$783K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.058%Rate

Funding earned: $0
Price spread: +0.058% → +0.039%: $1.95
Slippage, 4 orders: −$20.53
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$33.58
Costs to cover: 0.355%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 1 min ago; Nado: live order book, 36 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	2.77 bp	6.8 bp −$7	6.9 bp −$69	doesn't fit	doesn't fit
Sell Nado live order book, 36 min ago	6.71 bp	10.5 bp −$11	36.7 bp −$367	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	32.549	−0.015%	$105K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.547	−0.023%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.554	−0.001%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.817%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0076%	4h	32.558	+0.012%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.591	+0.113%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.582	+0.086%	$487K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.658	+0.319%	$57K	$294K	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	32.573	+0.058%	$150K	$783K	3x
Aster VVVUSDT	+0.0100%	4h	32.594	+0.122%	$275K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.589	+0.109%	$187K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.571	+0.052%	$34.3M	$155.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.532	−0.069%	$40.1M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.561	+0.022%	$4.8M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.547	−0.022%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.567	+0.040%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.586	+0.098%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.552	−0.006%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.562	+0.025%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.608	+0.167%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	32.554	long leg	$144K	$1.2M	3x
Derive VVV-PERP	+0.0100%	1h	32.556	+0.005%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.559	+0.015%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.567	+0.040%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.550	−0.013%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.572	+0.056%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.677	+0.377%	$81K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.023%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.567	+0.041%	$399K	$592K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.554	−0.001%	$592K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0345%	1h	32.551	−0.009%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0512%	1h	32.595	+0.126%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0761%	1h	32.605	+0.157%	$76.0M	$55.3M	3x	as long as short