Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0016%/8h= −1.7% APRpaid last 24h −0.010%

Price spread now: Nado against edgeX+0.256%7-day average −0.020% · 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−$86as in the Price arb table

costs, in and out, $10k−$1141.137% of the position

Long on edgeX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.004%$0 · spread now +0.256%, 7d avg −0.020%

Together, before fees−0.076%+ Points / potential airdropedgeX: Active · Nado: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.275% dearer against edgeX than usual: you sell high and buy low (spread +0.256% now, against its 7-day average of −0.020%): +$28 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 59 days. At the pace of the last 4 days (−0.072% in total) that is about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VVVUSDC	32.145	0.0116	pay 0.0058% / 4h	1h 06m	$80K	$320K	10x
Short	Nado VVV-PERP	32.227	0.0100	get 0.0012% / 1h	6m 58s	$163K	$911K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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 edgeXbpFee NadobpOrdersPrice spread, now +0.256%Rate

Funding earned: −$3.27
Price spread: +0.256% → −0.020%: $27.52
Slippage, 4 orders: −$97.67
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$89.42
Costs to cover: 1.137%
Break-even: never at this rate

Slippage from edgeX: live order book, 39 min ago; Nado: live order book, 39 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 edgeX live order book, 39 min ago	0.94 bp	62.7 bp −$63	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 39 min ago	9.21 bp	13.0 bp −$13	45.3 bp −$453	doesn't fit	doesn't fit

VVV on 33 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
RISEx VVV/USDC	−0.0142%	1h	32.213	+0.209%	$365K	$742K	5x	as long as short
Gate VVV_USDT	−0.0102%	4h	32.239	+0.291%	$12.9M	$5.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.217	+0.223%	$140K	$5.4M	1.6x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.237	+0.285%	$86K	$20K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.132	−0.042%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.127	−0.056%	$168K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.099%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0045%	1h	32.231	+0.266%	$88K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.240	+0.295%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.253	+0.335%	$487K	$1.4M	5x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERPshort	+0.0100%	1h	32.227	+0.256%	$163K	$911K	3x
Hyperliquid VVV	+0.0100%	1h	32.285	+0.434%	$75.3M	$43.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.263	+0.365%	$257K	$508K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.269	+0.385%	$199K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.251	+0.329%	$33.5M	$98.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.242	+0.300%	$38.0M	$38.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.239	+0.291%	$4.7M	$23.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.247	+0.316%	$7.8M	$4.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.226	+0.251%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.227	+0.254%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.253	+0.335%	—	$4.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.120	−0.078%	$2.0M	$345K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.121	−0.075%	$2K	$4K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.270	+0.388%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.226	+0.252%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.232	+0.269%	$301K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.232	+0.270%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0116%	4h	32.145	long leg	$80K	$320K	10x
01 Exchange VVVUSD	+0.0144%	1h	32.236	+0.282%	$12K	$2K	3x	as long as short
BloFin VVV-USDT	+0.0151%	4h	32.246	+0.313%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0198%	1h	32.156	+0.033%	$33K	$192K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0355%	1h	32.284	+0.433%	$177K	$256K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0450% / S −0.0219%	1h	32.245	+0.309%	$518K	—	100x	as long as short