Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.001%

Price spread now: Extended against Binance+0.004%7-day average −0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$650.648% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)−0.055%−$5 · spread now +0.004%, 7d avg −0.050%

Together, before fees−0.048%+ Points / potential airdropExtended: Active · farm board−$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.054% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.050%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	32.114	0.0100	pay 0.0050% / 4h	28m 43s	$33.6M	$156.7M	25x
Short	Extended VVV-USD	32.115	0.0104	get 0.0013% / 1h	28m 43s	$323K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0.84
Price spread: +0.004% → −0.050%: $5.42
Slippage, 4 orders: −$49.8
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$58.54
Costs to cover: 0.648%
Break-even: 494.8 days

Slippage from Binance: live order book, 14 min ago; Extended: live order book, 5 min ago.

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, 14 min ago	0.16 bp	11.3 bp −$11	40.1 bp −$401	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	1.60 bp	20.9 bp −$21	238.3 bp −$2,383	doesn't fit	doesn't fit

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
Deribit VVV_USDC-PERPETUAL	−0.0102%	1h	32.103	−0.032%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.146	+0.101%	$110K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.119	+0.017%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.199%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.110	−0.013%	$395K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0043%	1h	32.092	−0.068%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.110	−0.012%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0064%	4h	32.116	+0.007%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.130	+0.051%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.101	−0.040%	$478K	$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
Nado VVV-PERP	+0.0100%	1h	32.118	+0.013%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.130	+0.051%	$74.4M	$55.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.131	+0.054%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.142	+0.088%	$192K	$191K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.114	long leg	$33.6M	$156.7M	25x
Bybit VVVUSDT	+0.0100%	4h	32.113	−0.003%	$39.4M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.118	+0.013%	$4.7M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.116	+0.007%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.132	+0.057%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.128	+0.045%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.114	+0.001%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.130	+0.051%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.089	−0.078%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.122	+0.025%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.130	+0.051%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.122	+0.026%	$3K	$106	5x	as long as short
Extended VVV-USDshort	+0.0104%	1h	32.115	+0.004%	$323K	$1.6M	5x
Aevo VVV-PERP	+0.0104%	1h	32.107	−0.021%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	32.194	+0.249%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.130	+0.051%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0141%	1h	32.145	+0.097%	$122K	$358K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0181% / S +0.0172%	1h	32.114	+0.001%	$618K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.511%	$242K	$1.3M	25x	as long as short