Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Nado−0.002%7-day average −0.047% · 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−$121as in the Price arb table

costs, in and out, $10k−$1261.256% of the position

Long on Nado Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.135%−$13 · spread now −0.002%, 7d avg −0.047%

Together, before fees−0.131%+ Points / potential airdropNado: Active · farm board−$13 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: KuCoin is 0.046% dearer against Nado than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.047%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.228	0.0100	pay 0.0012% / 1h	25m 04s	$126K	$850K	3x
Short	KuCoin VVVUSDTM	32.228	0.0100	get 0.0050% / 4h	3h 25m	$2.0M	$2.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → −0.047%: $4.56
Slippage, 4 orders: −$106.59
Fee Nado: 3.5 bp × 2 orders: −$7
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$121.04
Costs to cover: 1.256%
Break-even: 12435072180131262.0 days

Slippage from Nado: live order book, 48 min ago; KuCoin: 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 Nado live order book, 48 min ago	10.54 bp	14.8 bp −$15	52.4 bp −$524	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	14.04 bp	53.0 bp −$53	242.1 bp −$2,421	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
Polymarket Perps VVV-USD	−0.0262%	1h	32.222	−0.020%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0056%	1h	32.281	+0.163%	$12K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.219	−0.030%	$396K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.280	+0.160%	$112K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.028	−0.622%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.258	+0.091%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.239	+0.033%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.835%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0076%	4h	32.278	+0.154%	$1.3M	$1.8M	25x	as long as short
Gate VVV_USDT	+0.0094%	4h	32.226	−0.008%	$10.8M	$7.4M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.254	+0.080%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.239	+0.033%	$477K	$1.6M	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	32.228	long leg	$126K	$850K	3x
Hyperliquid VVV	+0.0100%	1h	32.274	+0.141%	$74.9M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.240	+0.034%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.211	−0.054%	$192K	$187K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.273	+0.137%	$33.9M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.253	+0.076%	$39.5M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.254	+0.079%	$4.7M	$41.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.258	+0.092%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.228	−0.002%	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.233	+0.014%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.260	+0.098%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.284	+0.173%	$125K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.088	−0.437%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.239	+0.031%	$3K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.214	−0.045%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.226	−0.008%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.246	+0.054%	$307K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.252	+0.071%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	32.024	−0.633%	$80K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.241	+0.038%	$583K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.275	+0.144%	$249K	$1.3M	25x	as long as short