Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against KuCoin−0.046%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$103as in the Price arb table

costs, in and out, $10k−$980.984% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days−0.217%−$22 · spread now −0.046%, 7d avg +0.004%

Together, before fees−0.158%−$16 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: BingX is 0.050% cheaper against KuCoin than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	32.366	0.0100	pay 0.0050% / 4h	45m 18s	$2.0M	$2.8M	20x
Short	BingX VVV-USDT	32.351	0.0100	get 0.0050% / 4h	45m 18s	—	$5.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → +0.004%: −$5.02
Slippage, 4 orders: −$76.42
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$103.43
Costs to cover: 0.984%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; BingX: live order book, 5 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 KuCoin live order book, 2 min ago	10.52 bp	28.3 bp −$28	752.7 bp −$7,527	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.16 bp	12.7 bp −$13	33.9 bp −$339	236.6 bp −$23.7K	625.8 bp −$312.9K

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
Kalshi KXVVVPERP	0.0000%	8h	32.378	+0.037%	$114K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.341	−0.078%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.352	−0.043%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0017%	1h	32.333	−0.102%	$148K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.403%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.352	−0.043%	$397K	$604K	5x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	32.360	−0.019%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.362	−0.013%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.335	−0.096%	$481K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	32.340	−0.080%	$1.3M	$1.8M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.347	−0.057%	$165K	$830K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.379	+0.040%	$75.0M	$55.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.361	−0.015%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.351	−0.045%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.353	−0.040%	$33.8M	$157.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.324	−0.131%	$39.7M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.353	−0.040%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.338	−0.087%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.364	−0.006%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.366	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.332	−0.105%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	32.351	−0.046%	—	$5.5M	—
Variational Omni VVV	+0.0100%	4h	32.328	−0.116%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.335	−0.095%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.344	−0.068%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.368	+0.006%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.350	−0.049%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.358	−0.025%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	32.298	−0.210%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.322	−0.136%	$57K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0155%	1h	32.354	−0.037%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0183% / S +0.0171%	1h	32.338	−0.086%	$622K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−0.273%	$242K	$1.3M	25x	as long as short