Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%

Price spread now: Nado against Derive+0.087%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.087% dearer against Derive than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	32.144	0.0100	pay 0.0013% / 1h	31m 10s	$2K	$2K	5x
Short	Nado VVV-PERP	32.172	0.0100	get 0.0012% / 1h	31m 10s	$126K	$850K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Derive. 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 DerivebpFee NadobpOrdersPrice spread, now +0.087%Rate

Funding earned: $0
Price spread: +0.087% → 0.000%: $8.71
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$4.29
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Nado: live order book, 42 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 Derive no order-book sample	—	—	—	—	—
Sell Nado live order book, 42 min ago	10.54 bp	22.0 bp −$22	93.0 bp −$930	doesn't fit	doesn't fit

Derive: 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
Polymarket Perps VVV-USD	−0.0290%	1h	32.168	+0.075%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0080%	1h	32.184	+0.124%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.164	+0.063%	$396K	$602K	5x	as long as short
Gate VVV_USDT	−0.0014%	4h	32.168	+0.075%	$10.8M	$7.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.191	+0.146%	$109K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.049	−0.296%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.141	−0.009%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.183	+0.121%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.103%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.147	+0.008%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.152	+0.025%	$478K	$1.6M	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	32.172	+0.087%	$126K	$850K	3x
Hyperliquid VVV	+0.0100%	1h	32.209	+0.202%	$74.7M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.175	+0.096%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.157	+0.041%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.180	+0.112%	$33.8M	$154.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.166	+0.068%	$39.4M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.161	+0.053%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.174	+0.093%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.157	+0.040%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.145	+0.003%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.183	+0.121%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.177	+0.102%	$125K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.153	+0.027%	$2.1M	$188K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	32.144	long leg	$2K	$2K	5x
Phemex VVVUSDT	+0.0100%	4h	32.145	+0.003%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.183	+0.123%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.137	−0.023%	$306K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.149	+0.017%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0108%	4h	32.150	+0.019%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.873	−0.844%	$79K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.185	+0.128%	$582K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.144	−0.001%	$247K	$1.3M	25x	as long as short