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 0.000%

Price spread now: Bybit against KuCoin−0.035%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$136as in the Funding arb table

Net, price: spread back to 7d avg − costs−$128as in the Price arb table

costs, in and out, $10k−$1291.293% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.132%−$13 · spread now −0.035%, 7d avg −0.045%

Together, before fees−0.195%−$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.483	0.0100	pay 0.0050% / 4h	12m 57s	$1.7M	$2.7M	20x
Short	Bybit VVVUSDT	31.472	0.0100	get 0.0050% / 4h	12m 57s	$38.3M	$39.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → −0.045%: $1.06
Slippage, 4 orders: −$106.28
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$128.21
Costs to cover: 1.293%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bybit: live order book, 1 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, 4 min ago	11.93 bp	50.2 bp −$50	852.9 bp −$8,529	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.32 bp	19.3 bp −$19	42.1 bp −$421	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	31.470	−0.040%	$386K	$665K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.499	+0.052%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.518	+0.111%	$96K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.504	+0.068%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.483	+0.002%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.247%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0052%	4h	31.468	−0.048%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.500	+0.056%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.494	+0.035%	$464K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.450	−0.106%	$3K	$73	5x	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	31.495	+0.040%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.527	+0.140%	$70.5M	$44.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.501	+0.057%	$249K	$620K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.471	−0.039%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.486	+0.010%	$33.6M	$112.6M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.472	−0.035%	$38.3M	$39.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.484	+0.003%	$4.8M	$28.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.505	+0.070%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.483	long leg	$1.7M	$2.7M	20x
Bitget VVVUSDT	+0.0100%	4h	31.469	−0.044%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.481	−0.006%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.452	−0.100%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.491	+0.025%	$122K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.491	+0.025%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.512	+0.092%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.510	+0.085%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.488	+0.015%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	31.458	−0.081%	$78K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0118%	4h	31.518	+0.111%	$1.3M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0152%	1h	31.509	+0.083%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.579	+0.305%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0429%	1h	31.523	+0.128%	$160K	$272K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0213%	1h	31.449	−0.110%	$506K	—	100x	as long as short