Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: KuCoin against Gate−0.013%7-day average +0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$143as in the Price arb table

costs, in and out, $10k−$1361.360% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 7 days+0.183%+$18 · spread now −0.013%, 7d avg +0.057%

Together, before fees+0.287%+$29 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 0.070% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	31.587	0.0100	pay 0.0050% / 4h	59m 17s	$11.5M	$5.2M	25x
Short	KuCoin VVVUSDTM	31.583	0.0100	get 0.0050% / 4h	59m 17s	$1.7M	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.057%: −$6.99
Slippage, 4 orders: −$109
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$142.99
Costs to cover: 1.360%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 8 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 Gate live order book, 4 min ago	4.91 bp	27.2 bp −$27	435.2 bp −$4,352	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	10.42 bp	47.4 bp −$47	220.4 bp −$2,204	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	31.587	0.000%	$387K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.556	−0.098%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.607	+0.063%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.613	+0.082%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.613	+0.083%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.904%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.611	+0.077%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.564	−0.073%	$467K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.580	−0.022%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.602	+0.046%	$142K	$925K	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	31.640	+0.168%	$70.9M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.577	−0.033%	$250K	$772K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.578	−0.027%	$186K	$125K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.576	−0.035%	$33.9M	$117.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.549	−0.122%	$38.6M	$40.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.560	−0.085%	$4.9M	$29.6M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	31.587	long leg	$11.5M	$5.2M	25x
MEXC VVV_USDT	+0.0100%	4h	31.621	+0.108%	$7.0M	$5.3M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	31.583	−0.013%	$1.7M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	31.596	+0.028%	$5.8M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.609	+0.070%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.531	−0.177%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.609	+0.070%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.624	+0.118%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.582	−0.016%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.610	+0.072%	$302K	$1.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.610	+0.072%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.576	−0.036%	$78K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0152%	4h	31.616	+0.092%	$1.4M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	31.618	+0.098%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.564	−0.073%	$33K	$214K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0406%	1h	31.608	+0.066%	$155K	$267K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0208%	1h	31.603	+0.051%	$508K	—	100x	as long as short