Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h −0.036%

Price spread now: Deribit against Binance−0.080%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.080% cheaper against Binance than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 29 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.158%, 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	Binance VVVUSDT	31.018	0.0100	pay 0.0050% / 4h	2m 33s	$33.2M	$128.2M	25x
Short	Deribit VVV_USDC-PERPETUAL	30.993	0.0321	get 0.0040% / 1h	2m 33s	$86K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Binance. 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 BinancebpFee DeribitbpOrdersPrice spread, now −0.080%Rate

Funding earned: $46.5
Price spread: −0.080% → 0.000%: −$8.02
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $21.48
Costs to cover: 0.170%
Break-even: 3.8 days

Slippage unknown: Binance: live order book, 10 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 Binance live order book, 10 min ago	0.16 bp	13.1 bp −$13	35.9 bp −$359	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
RISEx VVV/USDC	−0.0299%	1h	31.001	−0.053%	$380K	$637K	5x	as long as short
Polymarket Perps VVV-USD	−0.0075%	1h	30.995	−0.074%	$129K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.985	−0.108%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0030%	4h	31.019	+0.003%	$10.4M	$6.0M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.810%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0059%	4h	31.006	−0.039%	$1.3M	$1.6M	25x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	31.034	+0.052%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.881	−0.440%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.024	+0.019%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.030	+0.039%	$454K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.010	−0.024%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.029	+0.034%	$143K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.043	+0.081%	$70.8M	$48.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.047	+0.093%	$248K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.036	+0.060%	$183K	$133K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.018	long leg	$33.2M	$128.2M	25x
Bybit VVVUSDT	+0.0100%	4h	31.006	−0.037%	$38.6M	$42.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.026	+0.026%	$4.8M	$32.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.033	+0.048%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.009	−0.029%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.007	−0.035%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.010	−0.026%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.780	−0.767%	$1.9M	$283K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.975	−0.138%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.977	−0.132%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0104%	4h	30.794	−0.722%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.027	+0.029%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.988	−0.098%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0140%	8h	31.022	+0.013%	$106K	$5.6M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0152%	1h	31.028	+0.031%	$121K	$248K	5x	as long as short
Phoenix VVV	+0.0182%	1h	30.645	−1.202%	$32K	$253K	5x	as long as short
Deribit VVV_USDC-PERPETUALshort	+0.0321%	1h	30.993	−0.080%	$86K	$24K	10x
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.977	−0.132%	$543K	—	100x	as long as short