Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: KuCoin against BingX−0.128%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$121as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$1151.154% of the position

Long on BingX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.100%+$10 · spread now −0.128%, 7d avg −0.019%

Together, before fees+0.040%+$4 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 0.109% cheaper against BingX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	32.085	0.0100	pay 0.0050% / 4h	1h 48m	—	$4.1M	—
Short	KuCoin VVVUSDTM	32.044	0.0100	get 0.0050% / 4h	1h 48m	$1.7M	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BingX. 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 BingXbpFee KuCoinbpOrdersPrice spread, now −0.128%Rate

Funding earned: $0
Price spread: −0.128% → −0.019%: −$10.89
Slippage, 4 orders: −$93.35
Fee BingX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$126.24
Costs to cover: 1.154%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; KuCoin: live order book, 6 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 BingX live order book, 4 min ago	0.78 bp	11.4 bp −$11	39.4 bp −$394	327.0 bp −$32.7K	735.6 bp −$367.8K
Sell KuCoin live order book, 6 min ago	11.64 bp	45.8 bp −$46	302.6 bp −$3,026	doesn't fit	doesn't fit

VVV on 32 exchanges

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
Deribit VVV_USDC-PERPETUAL	−0.0205%	1h	32.040	−0.140%	$85K	$20K	10x	as long as short
RISEx VVV/USDC	−0.0142%	1h	32.046	−0.121%	$392K	$729K	5x	as long as short
Gate VVV_USDT	−0.0026%	4h	32.017	−0.212%	$12.6M	$5.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.100	+0.047%	$148K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.164	+0.246%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.063	−0.068%	$158K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.291%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.040	−0.140%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.061	−0.075%	$484K	$1.4M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.091	+0.020%	$180K	$909K	3x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	32.062	−0.073%	$252K	$506K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.066	−0.060%	$189K	$111K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.060	−0.079%	$33.4M	$100.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.056	−0.090%	$38.0M	$39.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.060	−0.078%	$4.7M	$24.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.061	−0.075%	$7.7M	$4.4M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.044	−0.128%	$1.7M	$2.6M	20x
Bitget VVVUSDT	+0.0100%	4h	32.042	−0.134%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	32.085	long leg	—	$4.1M	—
Variational Omni VVV	+0.0100%	4h	32.150	+0.204%	$2.0M	$331K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.084	−0.003%	$132K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.148	+0.196%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.054	−0.097%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.063	−0.069%	$306K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.060	−0.079%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	32.169	+0.262%	$80K	$321K	10x	as long as short
BloFin VVV-USDT	+0.0128%	4h	32.054	−0.097%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0198%	1h	32.206	+0.377%	$33K	$192K	5x	as long as short
Hyperliquid VVV	+0.0335%	1h	32.069	−0.050%	$74.9M	$45.3M	3x	as long as short
01 Exchange VVVUSD	+0.0352%	1h	32.116	+0.097%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0449% / S −0.0219%	1h	32.153	+0.211%	$517K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0639%	1h	32.088	+0.009%	$176K	$269K	5x	as long as short