Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Derive against Nado−0.402%168s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.402% cheaper against Nado than usual: you would sell low and buy high, −$40 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 168 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	31.209	0.0100	pay 0.0012% / 1h	27m 06s	$157K	$992K	3x
Short	Derive VVV-PERP	31.083	0.0100	get 0.0013% / 1h	27m 06s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.402%Rate

Funding earned: $0
Price spread: −0.402% → 0.000%: −$40.21
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Derive: 3 bp × 2 orders: −$6
Net: −$53.21
Costs to cover: 0.130%
Break-even: 5466415423969623.0 days

Slippage unknown: Nado: live order book, 6 min ago; Derive: no order-book sample. Net counts fees only.

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, 6 min ago	9.44 bp	16.7 bp −$17	57.9 bp −$579	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0349%	1h	31.141	−0.217%	$381K	$689K	5x	as long as short
Gate VVV_USDT	−0.0148%	4h	31.234	+0.082%	$11.8M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.231	+0.072%	$92K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.222	+0.044%	$87K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	+0.404%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.215	+0.021%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.164%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.258	+0.159%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.230	+0.067%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.236	+0.088%	$460K	$1.5M	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	31.211	+0.009%	$3K	$29	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	31.209	long leg	$157K	$992K	3x
Hyperliquid VVV	+0.0100%	1h	31.265	+0.181%	$69.3M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.227	+0.059%	$246K	$497K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.254	+0.146%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.239	+0.097%	$33.3M	$106.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.224	+0.050%	$38.0M	$38.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.242	+0.107%	$4.8M	$25.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.249	+0.130%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.207	−0.005%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.227	+0.059%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.244	+0.114%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.210	+0.006%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.214	+0.018%	$129K	$1.3M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.083	−0.402%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.258	+0.159%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.227	+0.058%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.208	−0.001%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.211	+0.006%	$78K	$331K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.113	−0.306%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	31.192	−0.053%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.232	+0.074%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0741%	1h	31.278	+0.223%	$168K	$261K	5x	as long as short