Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%

Price spread now: KuCoin against Deribit−0.014%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	31.892	0	get 0.0000% / 1h	1m 59s	$89K	$24K	10x
Short	KuCoin VVVUSDTM	31.887	0.0100	get 0.0050% / 4h	3h 01m	$1.9M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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 DeribitbpFee KuCoinbpOrdersPrice spread, now −0.014%Rate

Funding earned: $21
Price spread: −0.014% → 0.000%: −$1.44
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $0.56
Costs to cover: 0.190%
Break-even: 6.8 days

Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 5 min ago. Net counts fees only.

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 Deribit no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 5 min ago	11.60 bp	35.6 bp −$36	214.2 bp −$2,142	doesn't fit	doesn't fit

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit VVVUSDT	−0.0263%	4h	31.839	−0.165%	$38.9M	$51.5M	20x	as long as short
Polymarket Perps VVV-USD	−0.0229%	1h	31.880	−0.036%	$159K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0148%	4h	31.871	−0.065%	$10.7M	$7.4M	25x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.875	−0.053%	$391K	$597K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.894	+0.008%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.936	+0.139%	$114K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.910	+0.058%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.892	long leg	$89K	$24K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.898	+0.019%	$796	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.911%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.882	−0.031%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.852	−0.124%	$471K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.895	+0.009%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.890	−0.006%	$74.1M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.903	+0.034%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.968	+0.239%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.865	−0.082%	$33.5M	$153.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.864	−0.087%	$4.7M	$41.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.866	−0.080%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.887	−0.014%	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.846	−0.143%	$5.7M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.887	−0.014%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.899	+0.022%	$123K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.882	−0.031%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.902	+0.031%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.894	+0.008%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.913	+0.067%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.926	+0.109%	$79K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.849	−0.135%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.894	+0.008%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.945	+0.167%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.902	+0.033%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.927	+0.111%	$245K	$1.2M	25x	as long as short