Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.012%

Price spread now: GMX against Aster−0.051%51s7-day average −0.042% · you buy dearer than you sell

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

Long on Aster Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 3 days (all we have)+0.092%+$9 · spread now −0.051%, 7d avg −0.042%

Together, before fees+0.116%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 51 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	Aster VVVUSDT	31.389	0.0100	pay 0.0050% / 4h	2h 38m	$275K	$1.8M	10x
Short	GMX VVV/USD [ETH-USDC]	31.373	L +0.0442% / S −0.0195%	get 0.0024% / 1h	38m 38s	$536K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.051%Rate

Funding earned: $19.87
Price spread: −0.051% → −0.042%: −$0.9
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.03
Costs to cover: 0.200%
Break-even: 7.4 days

Slippage unknown: Aster: live order book, 5 min ago; GMX: 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	2.71 bp	13.1 bp −$13	47.3 bp −$473	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	−0.0040%	1h	31.417	+0.089%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.377	−0.038%	$117K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.373	−0.052%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.376	−0.043%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.559%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0050%	4h	31.374	−0.048%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0059%	1h	31.345	−0.140%	$134K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.382	−0.022%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.404	+0.047%	$385K	$574K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.432	+0.137%	$2.2M	$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	31.391	+0.006%	$463K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.407	+0.059%	$144K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.473	+0.268%	$71.8M	$54.1M	3x	as long as short
Aster VVVUSDTlong	+0.0100%	4h	31.389	long leg	$275K	$1.8M	10x
Pacifica VVV	+0.0100%	1h	31.429	+0.127%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.401	+0.037%	$33.2M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.395	+0.019%	$38.7M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.413	+0.076%	$4.7M	$41.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.388	−0.003%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.410	+0.067%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.414	+0.080%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.409	+0.064%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.398	+0.029%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.327	−0.197%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.369	−0.063%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.366	−0.073%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.404	+0.048%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.403	+0.046%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.381	−0.026%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.349	−0.127%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0185%	1h	31.408	+0.061%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.325	−0.205%	$172K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0442% / S −0.0195%	1h	31.373	−0.051%	$536K	—	100x