Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.012%

Price spread now: Variational Omni against Aevo+0.473%48s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.473% dearer against Aevo than usual: you sell high and buy low, +$47 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	Aevo VVV-PERP	31.073	0.0104	pay 0.0013% / 1h	51m 27s	$6K	$13K	3x
Short	Variational Omni VVV	31.220	0.0100	get 0.0050% / 4h	2h 51m	$2.1M	$184K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now +0.473%Rate

Funding earned: −$0.84
Price spread: +0.473% → 0.000%: $47.26
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $30.42
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 3 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 3 min ago	4.79 bp	doesn't fit	58.6 bp −$586	doesn't fit	doesn't fit

Aevo: 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
01 Exchange VVVUSD	−0.0008%	1h	31.083	+0.031%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0001%	1h	31.081	+0.025%	$89K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.076	+0.008%	$104K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.137	+0.203%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.621%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0051%	1h	31.090	+0.053%	$133K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.296	+0.716%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.092	+0.060%	$380K	$573K	5x	as long as short
Gate VVV_USDT	+0.0088%	4h	31.086	+0.040%	$10.5M	$7.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.093	+0.063%	$2.1M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.081	+0.024%	$458K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.091	+0.058%	$143K	$779K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.145	+0.230%	$71.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.076	+0.007%	$273K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.081	+0.025%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.115	+0.134%	$32.9M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.103	+0.095%	$38.4M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.122	+0.156%	$4.6M	$40.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.121	+0.153%	$16.7M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.108	+0.111%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.107	+0.108%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.125	+0.166%	—	$5.4M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.220	+0.473%	$2.1M	$184K	—
Derive VVV-PERP	+0.0100%	1h	31.086	+0.039%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.089	+0.050%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.084	+0.033%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.081	+0.023%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERPlong	+0.0104%	1h	31.073	long leg	$6K	$13K	3x
edgeX VVVUSDC	+0.0116%	4h	31.088	+0.046%	$77K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0134%	1h	31.109	+0.116%	$117K	$380K	5x	as long as short
BloFin VVV-USDT	+0.0141%	4h	31.074	+0.002%	$1.3M	$1.7M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	+0.163%	$178K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0204%	1h	31.125	+0.165%	$519K	—	100x	as long as short