Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.083%

Price spread now: RISEx against KuCoin−0.209%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$116as in the Price arb table

costs, in and out, $10k−$960.960% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.356%+$36 on $10k

Price spread, last 7 days−0.058%−$6 · spread now −0.209%, 7d avg −0.014%

Together, before fees+0.298%+$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.195% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.014%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.356%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	31.782	0.0100	pay 0.0050% / 4h	13m 09s	$2.0M	$2.8M	20x
Short	RISEx VVV/USDC	31.715	0.0040	get 0.0005% / 1h	13m 09s	$390K	$604K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.209%Rate

Funding earned: −$12.51
Price spread: −0.209% → −0.014%: −$19.55
Slippage, 4 orders: −$77.98
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$128.04
Costs to cover: 0.960%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; RISEx: live order book, 65 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	10.36 bp	41.0 bp −$41	215.9 bp −$2,159	doesn't fit	doesn't fit
Sell RISEx live order book, 65 min ago	2.60 bp	5.6 bp −$6	25.6 bp −$256	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
Polymarket Perps VVV-USD	−0.0013%	1h	31.712	−0.220%	$145K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.765	−0.053%	$102K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.808	+0.081%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.804	+0.069%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.721	−0.192%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.266%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDCshort	+0.0040%	1h	31.715	−0.209%	$390K	$604K	5x
BloFin VVV-USDT	+0.0095%	4h	31.789	+0.022%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.791	+0.027%	$2.2M	$6.0M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.790	+0.025%	$473K	$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
Nado VVV-PERP	+0.0100%	1h	31.743	−0.123%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.801	+0.060%	$73.8M	$55.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.773	−0.028%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.760	−0.069%	$190K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.777	−0.015%	$33.3M	$156.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.790	+0.025%	$39.0M	$51.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.786	+0.013%	$4.6M	$41.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.777	−0.016%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.796	+0.044%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.782	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.801	+0.060%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.795	+0.041%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.874	+0.291%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.804	+0.069%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.842	+0.189%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.723	−0.187%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.801	+0.058%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.789	+0.021%	$6K	$13K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0118%	1h	31.819	+0.115%	$122K	$359K	5x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.775	−0.022%	$79K	$335K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.787	+0.016%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0119%	1h	31.779	−0.010%	$574K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.560%	$242K	$1.3M	25x	as long as short