Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0517%/8h= +56.6% APRpaid last 24h −0.057%

Price spread now: KuCoin against RISEx+0.106%7-day average +0.008% · 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−$69as in the Price arb table

costs, in and out, $10k−$790.789% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.339%−$34 on $10k

Price spread, last 7 days+0.086%+$9 · spread now +0.106%, 7d avg +0.008%

Together, before fees−0.254%−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.098% dearer against RISEx than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.008%. Mind the row above: over the last 4 days funding on this pair cost −0.339%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	30.591	−0.0417	get 0.0052% / 1h	3m 21s	$377K	$645K	5x
Short	KuCoin VVVUSDTM	30.623	0.0100	get 0.0050% / 4h	3h 03m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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 RISExbpFee KuCoinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $108.61
Price spread: +0.106% → +0.008%: $9.79
Slippage, 4 orders: −$60.85
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $39.55
Costs to cover: 0.789%
Break-even: 4.5 days

Slippage from RISEx: live order book, 50 min ago; KuCoin: live order book, 9 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 RISEx live order book, 50 min ago	1.89 bp	4.9 bp −$5	27.9 bp −$279	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	9.64 bp	36.2 bp −$36	210.3 bp −$2,103	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/USDClong	−0.0417%	1h	30.591	long leg	$377K	$645K	5x
Polymarket Perps VVV-USD	−0.0093%	1h	30.601	+0.034%	$112K	$1.4M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.169%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.606	+0.051%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.620	+0.095%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.288%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0041%	4h	30.649	+0.191%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.604	+0.044%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.617	+0.085%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.658	+0.220%	$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	30.612	+0.070%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.639	+0.157%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.633	+0.139%	$69.0M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.642	+0.168%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.639	+0.160%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.622	+0.103%	$33.0M	$124.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.605	+0.047%	$37.9M	$42.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.622	+0.103%	$4.8M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.616	+0.083%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.640	+0.161%	$6.3M	$5.9M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	30.623	+0.106%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.606	+0.050%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.645	+0.178%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.619	+0.092%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.608	+0.058%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.645	+0.178%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.615	+0.078%	$293K	$2.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.616	+0.085%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	30.634	+0.143%	$76K	$333K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.664	+0.240%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0305%	8h	30.654	+0.207%	$95K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0317%	1h	30.697	+0.347%	$120K	$241K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.611	+0.068%	$534K	—	100x	as long as short