Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.036%

Price spread now: Deribit against BingX−0.141%7-day average — · you buy dearer than you sell

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

Long on BingX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.160%−$16 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.141% cheaper against BingX than usual: you would sell low and buy high (−$14 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	BingX VVV-USDT	30.456	0.0100	pay 0.0050% / 4h	3h 31m	—	$5.0M	—
Short	Deribit VVV_USDC-PERPETUAL	30.413	0	get 0.0000% / 1h	31m 43s	$85K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against BingX. 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 BingXbpFee DeribitbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$21
Price spread: −0.141% → 0.000%: −$14.09
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$52.09
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago	0.33 bp	11.0 bp −$11	35.7 bp −$357	322.7 bp −$32.3K	749.1 bp −$374.6K
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	−0.0417%	1h	30.438	−0.057%	$373K	$640K	5x	as long as short
Polymarket Perps VVV-USD	−0.0133%	1h	30.404	−0.171%	$124K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	−0.184%	$148K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	30.413	−0.141%	$85K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.428	−0.092%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.762%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.418	−0.125%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0082%	4h	30.508	+0.171%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.436	−0.067%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.438	−0.059%	$444K	$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	30.418	−0.126%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.430	−0.084%	$140K	$869K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.440	−0.053%	$69.0M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.444	−0.039%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.471	+0.050%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.441	−0.048%	$32.7M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.443	−0.043%	$38.0M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.468	+0.039%	$4.7M	$31.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.441	−0.049%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.450	−0.020%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.428	−0.092%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.449	−0.023%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.456	long leg	—	$5.0M	—
Variational Omni VVV	+0.0100%	4h	30.449	−0.022%	$1.9M	$349K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.417	−0.128%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.489	+0.108%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.455	−0.003%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.450	−0.021%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.425	−0.103%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.464	+0.026%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0163%	8h	30.454	−0.007%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0207%	1h	30.453	−0.010%	$120K	$245K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.417	−0.129%	$533K	—	100x	as long as short