Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.004%

Price spread now: Variational Omni against Nado−0.387%7-day average −0.071% · you buy dearer than you sell

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

Long on Nado Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.387%, 7d avg −0.071%

Together, before fees+0.071%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board+$7 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: Variational Omni is 0.316% cheaper against Nado than usual: you would sell low and buy high, −$32 on $10k if it goes back to its 7-day average of −0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	32.297	0.0100	pay 0.0012% / 1h	14m 31s	$149K	$783K	3x
Short	Variational Omni VVV	32.172	0.0100	get 0.0050% / 4h	1h 14m	$2.1M	$183K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.387%Rate

Funding earned: $0
Price spread: −0.387% → −0.071%: −$31.56
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$38.56
Costs to cover: 0.070%
Break-even: 3961689460063133.0 days

Slippage unknown: Nado: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 4 min ago	19.00 bp	26.5 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 5 min ago	2.87 bp	doesn't fit	72.7 bp −$727	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
Deribit VVV_USDC-PERPETUAL	+0.0004%	1h	32.271	−0.083%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.283	−0.044%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.618%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.307	+0.030%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.298	+0.002%	$480K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.131	−0.516%	$56K	$294K	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	32.297	long leg	$149K	$783K	3x
Aster VVVUSDT	+0.0100%	4h	32.307	+0.029%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.305	+0.023%	$185K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.309	+0.034%	$33.8M	$157.6M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.278	−0.061%	$39.7M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.300	+0.008%	$4.7M	$43.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.295	−0.008%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.308	+0.033%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.308	+0.033%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.290	−0.023%	$5.9M	$9.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.309	+0.036%	—	$5.5M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	32.172	−0.387%	$2.1M	$183K	—
Polymarket Perps VVV-USD	+0.0100%	1h	32.288	−0.029%	$139K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.257	−0.124%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.265	−0.101%	$2.1M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0100%	8h	32.265	−0.101%	$107K	$6.9M	1.7x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.324	+0.083%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.295	−0.007%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.274	−0.072%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0112%	4h	32.300	+0.008%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.191	−0.331%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.233	−0.198%	$240K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.298	+0.003%	$398K	$603K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0186% / S +0.0167%	1h	32.271	−0.083%	$621K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0228%	1h	32.297	0.000%	$122K	$373K	5x	as long as short
Hyperliquid VVV	+0.0312%	1h	32.337	+0.122%	$75.0M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0336%	1h	32.305	+0.023%	$12K	$3K	3x	as long as short