VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h −0.032%

Price spread now: KuCoin against BloFin−0.104%80s7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1061.056% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.194%−$19 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.104%, 7d avg −0.054%

Together, before fees−0.248%−$25 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.050% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.054%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	31.622	0.0120	pay 0.0060% / 4h	49m 57s	$1.4M	$1.5M	25x
Short	KuCoin VVVUSDTM	31.589	0.0100	get 0.0050% / 4h	49m 57s	$1.7M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.104%Rate

Funding earned: −$4.18
Price spread: −0.104% → −0.054%: −$5.01
Slippage, 4 orders: −$81.61
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$114.8
Costs to cover: 1.056%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 7 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 BloFin live order book, 3 min ago	1.58 bp	13.3 bp −$13	29.2 bp −$292	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	11.28 bp	39.1 bp −$39	210.6 bp −$2,106	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	31.547	−0.236%	$387K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.538	−0.264%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.599	−0.073%	$99K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.584	−0.121%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.575	−0.148%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.789%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.595	−0.086%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.596	−0.082%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.585	−0.116%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.559	−0.198%	$145K	$930K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.627	+0.016%	$70.8M	$45.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.621	−0.004%	$250K	$746K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.611	−0.036%	$187K	$125K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.610	−0.038%	$33.8M	$116.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.592	−0.095%	$38.6M	$40.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.598	−0.076%	$4.9M	$29.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.574	−0.152%	$11.5M	$5.2M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.614	−0.025%	$6.9M	$5.3M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.589	−0.104%	$1.7M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	31.582	−0.126%	$5.8M	$6.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.613	−0.028%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.581	−0.129%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.546	−0.240%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.580	−0.132%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.594	−0.089%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.605	−0.054%	$302K	$1.4M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.603	−0.060%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	31.622	+0.001%	$79K	$331K	10x	as long as short
BloFin VVV-USDTlong	+0.0120%	4h	31.622	long leg	$1.4M	$1.5M	25x
01 Exchange VVVUSD	+0.0160%	1h	31.568	−0.171%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.649	+0.085%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0437% / S −0.0209%	1h	31.567	−0.173%	$507K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0488%	1h	31.631	+0.028%	$156K	$274K	5x	as long as short