Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%

Price spread now: Deribit against Aster−0.128%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.128% cheaper against Aster than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VVVUSDT	31.203	0.0100	pay 0.0050% / 4h	2h 58m	$274K	$1.8M	10x
Short	Deribit VVV_USDC-PERPETUAL	31.163	0	get 0.0000% / 1h	58m 25s	$89K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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 AsterbpFee DeribitbpOrdersPrice spread, now −0.128%Rate

Funding earned: −$21
Price spread: −0.128% → 0.000%: −$12.82
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$48.82
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Deribit: 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 Aster live order book, 5 min ago	3.20 bp	9.2 bp −$9	53.4 bp −$534	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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	−0.0104%	1h	31.185	−0.058%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USD	−0.0009%	1h	31.160	−0.138%	$129K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.222	+0.061%	$110K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	31.163	−0.128%	$89K	$22K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.226	+0.074%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.182%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.205	+0.008%	$381K	$577K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.207	+0.013%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.206	+0.010%	$460K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.173	−0.095%	$145K	$777K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.197	−0.019%	$71.1M	$54.1M	3x	as long as short
Aster VVVUSDTlong	+0.0100%	4h	31.203	long leg	$274K	$1.8M	10x
Pacifica VVV	+0.0100%	1h	31.212	+0.029%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.173	−0.096%	$32.9M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.152	−0.163%	$38.5M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.176	−0.087%	$4.7M	$40.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.186	−0.054%	$10.5M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.183	−0.064%	$16.7M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.171	−0.103%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.169	−0.109%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.203	0.000%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.138	−0.207%	$2.0M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.159	−0.142%	$1K	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.126	−0.247%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.207	+0.014%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.202	−0.003%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.155	−0.154%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.198	−0.017%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0144%	4h	31.158	−0.144%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0174%	1h	31.136	−0.215%	$54K	$279K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.133	−0.224%	$166K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0374%	1h	31.182	−0.068%	$118K	$381K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0439% / S −0.0204%	1h	31.156	−0.151%	$520K	—	100x	as long as short