Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.820 | L +0.0146S −0.0056 | pay 0.0018% / 1h | 27m 16s | $110K | — | 10x | Long Avantis | |
| SHORT | 23.841 | +0.0100 | get 0.0050% / 4h | 2h 27m | $1.3M | $897K | 50x | Short Variational Omni+15% pts |
Price gap+0.087%
Funding gap−0.0046% /8h
The gap pays +$14 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 11 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$11−0.0046% /8h now · paid −0.112% over the last 7D
Price+$14spread +0.087% now, avg −0.058% → +0.144% if it goes back
Costsno datano order book for Avantis
Result, before costs+$3+0.03%+ Points / potential airdropAvantis: Season 3 · Variational Omni: points · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now+0.087%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 36 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $200Avantis 10x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.37Long Avantis: 24 payments, −$4.37; short Variational Omni: 6 payments, +$3.00.
- OK: Entry gap works for you+0.087% vs −0.058%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$110K vs $1.3M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legAvantis Season 3 · Variational Omni pointsVolume here counts toward the points program.
- OK: No KYC on either legAvantis No · Variational Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0053%/8h × 21 periods−$11.22
Price spread+0.087% → −0.058% (7d avg)+$14.44
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee Variational Omni bp × 2 orders$0.00
Net, fees only · 7 days · $10k−$5.77
Costs to cover0.090%Break-evenfrom the start
Slippage: Avantis: no order-book sample; Variational Omni: RFQ quote, 1 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAvantis—————
SELL · SHORTVariational Omni3.5545.4 bp−$4580.5 bp−$805doesn’t fitdoesn’t fit
Closing costs about the same again.
Avantis: no data.
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($VVV) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |


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