Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0447%/8h= +48.9% APRpaid last 24h +0.015%

Price spread now: KuCoin against RISEx−0.004%7-day average +0.004% · 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−$105as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on RISEx Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.313%−$31 on $10k

Price spread, last 7 days−0.032%−$3 · spread now −0.004%, 7d avg +0.004%

Together, before fees−0.346%−$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.313%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	32.352	−0.0347	get 0.0043% / 1h	58m 25s	$375K	$745K	5x
Short	KuCoin VVVUSDTM	32.351	0.0100	get 0.0050% / 4h	58m 25s	$1.7M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against RISEx. 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 RISExbpFee KuCoinbpOrdersPrice spread, now −0.004%Rate

Funding earned: $93.79
Price spread: −0.004% → +0.004%: −$0.73
Slippage, 4 orders: −$86.32
Fee RISEx: 3 bp × 2 orders: −$6
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$11.27
Costs to cover: 1.043%
Break-even: 7.8 days

Slippage from RISEx: live order book, 48 min ago; KuCoin: live order book, 1 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 RISEx live order book, 48 min ago	2.39 bp	5.4 bp −$5	27.6 bp −$276	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	11.75 bp	43.5 bp −$43	239.4 bp −$2,394	doesn't fit	doesn't fit

VVV on 33 exchanges

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/USDClong	−0.0347%	1h	32.352	long leg	$375K	$745K	5x
Coinbase International VVV-PERP-INTX	−0.0112%	1h	32.398	+0.143%	$170K	$1.3M	25x	as long as short
Gate VVV_USDT	−0.0082%	4h	32.361	+0.027%	$13.0M	$4.9M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.363	+0.033%	$141K	$5.0M	1.6x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.332	−0.062%	$86K	$19K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.342	−0.031%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.446%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.368	+0.049%	$2.0M	$3.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.375	+0.070%	$488K	$1.4M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.379	+0.084%	$160K	$899K	3x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.389	+0.114%	$75.7M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.363	+0.033%	$258K	$475K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.380	+0.085%	$199K	$115K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.372	+0.061%	$33.6M	$93.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.361	+0.027%	$38.1M	$37.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.359	+0.021%	$4.8M	$23.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.365	+0.040%	$7.9M	$4.2M	50x	as long as short
KuCoin VVVUSDTMshort	+0.0100%	4h	32.351	−0.004%	$1.7M	$2.4M	20x
Bitget VVVUSDT	+0.0100%	4h	32.351	−0.004%	$5.9M	$5.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.376	+0.074%	—	$4.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.362	+0.030%	$2.0M	$345K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.352	−0.001%	$65K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.329	−0.073%	$2K	$4K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.342	−0.032%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.370	+0.054%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.368	+0.048%	$303K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.354	+0.006%	$7K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	32.334	−0.055%	$80K	$321K	10x	as long as short
BloFin VVV-USDT	+0.0135%	4h	32.347	−0.016%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0198%	1h	32.244	−0.334%	$33K	$178K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	32.383	+0.095%	$12K	$2K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0411%	1h	32.394	+0.129%	$179K	$255K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0451% / S −0.0219%	1h	32.324	−0.087%	$520K	—	100x	as long as short