Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.023%

Price spread now: BingX against Nado−0.017%53s7-day average −0.019% · 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—prices read too far apart to compare

costs, in and out, $10k−$610.606% of the position

Long on Nado Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.063%+$6 on $10k

Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.017%, 7d avg −0.019%

Together, before fees+0.124%+ Points / potential airdropNado: Active · farm board+$12 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	30.719	0.0100	pay 0.0012% / 1h	30m 34s	$134K	$870K	3x
Short	BingX VVV-USDT	30.714	0.0100	get 0.0050% / 4h	2h 30m	—	$4.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Nado. 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 NadobpFee BingXbpOrdersPrice spread, now −0.017%Rate

Funding earned: $0
Price spread: −0.017% → −0.019%: $0.18
Slippage, 4 orders: −$43.6
Fee Nado: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$60.43
Costs to cover: 0.606%
Break-even: 6208294954573556.0 days

Slippage from Nado: live order book, 18 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 Nado live order book, 18 min ago	12.38 bp	17.0 bp −$17	40.9 bp −$409	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.16 bp	11.7 bp −$12	39.6 bp −$396	219.4 bp −$21.9K	703.3 bp −$351.6K

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	−0.0329%	1h	30.696	−0.075%	$382K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.291%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.723	+0.013%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.839%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0065%	4h	30.736	+0.055%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0079%	1h	30.702	−0.056%	$118K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.712	−0.023%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.715	−0.015%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.712	−0.023%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.708	−0.036%	$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-PERPlong	+0.0100%	1h	30.719	long leg	$134K	$870K	3x
Hyperliquid VVV	+0.0100%	1h	30.716	−0.010%	$69.2M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.731	+0.037%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.729	+0.033%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.727	+0.025%	$33.1M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.703	−0.054%	$38.0M	$41.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.715	−0.014%	$4.8M	$30.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.697	−0.072%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.722	+0.009%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.712	−0.023%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.697	−0.072%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	30.714	−0.017%	—	$4.9M	—
Variational Omni VVV	+0.0100%	4h	30.708	−0.037%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.721	+0.005%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.746	+0.087%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.716	−0.011%	$294K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.736	+0.055%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	30.717	−0.007%	$76K	$334K	10x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0137%	1h	30.730	+0.036%	$85K	$22K	10x	as long as short
Kalshi KXVVVPERP	+0.0199%	8h	30.720	+0.003%	$94K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.770	+0.165%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0384%	1h	30.727	+0.027%	$115K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0176%	1h	30.720	+0.002%	$536K	—	100x	as long as short