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 +0.022%

Price spread now: MEXC against KuCoin+0.016%7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$820.822% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.016%, 7d avg +0.040%

Together, before fees−0.023%−$2 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: MEXC is 0.024% cheaper against KuCoin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.584	0.0100	pay 0.0050% / 4h	1h 25m	$1.8M	$2.8M	20x
Short	MEXC VVV_USDT	31.589	0.0100	get 0.0050% / 4h	1h 25m	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.016%Rate

Funding earned: $0
Price spread: +0.016% → +0.040%: −$2.39
Slippage, 4 orders: −$70.18
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$84.57
Costs to cover: 0.822%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; MEXC: live order book, 2 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	10.15 bp	38.2 bp −$38	650.8 bp −$6,508	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.63 bp	3.6 bp −$4	51.8 bp −$518	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.490	−0.298%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.521	−0.199%	$387K	$642K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.574	−0.032%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.560	−0.076%	$88K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.541	−0.138%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.543	−0.129%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.913%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0057%	4h	31.564	−0.063%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.551	−0.104%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.555	−0.092%	$464K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.551	−0.106%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.575	−0.027%	$134K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.600	+0.051%	$71.0M	$47.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.574	−0.032%	$250K	$951K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.561	−0.072%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.576	−0.026%	$34.0M	$119.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.548	−0.114%	$38.7M	$41.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.548	−0.114%	$4.9M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.553	−0.098%	$11.3M	$5.5M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.589	+0.016%	$6.8M	$5.7M	50x
KuCoin VVVUSDTMlong	+0.0100%	4h	31.584	long leg	$1.8M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.565	−0.060%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.579	−0.016%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.505	−0.250%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.570	−0.044%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.716%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.545	−0.123%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.544	−0.126%	$78K	$330K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.557	−0.086%	$301K	$1.3M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.569	−0.047%	$6K	—	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.520	−0.203%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0431% / S −0.0202%	1h	31.571	−0.043%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0467%	1h	31.590	+0.019%	$153K	$268K	5x	as long as short