Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.055%

Price spread now: gTrade (Gains Network) against BingX+0.103%7-day average — · you sell dearer than you buy

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

Long on BingX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.103% dearer against BingX than usual: you sell high and buy low (spread +0.103% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.773	0.0100	pay 0.0050% / 4h	2h 26m	—	$5.4M	—
Short	gTrade (Gains Network) VVV/USD	31.806	L +0.0004% / S −0.0004%	get 0.0000% / 1h	26m 54s	$2K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.103%Rate

Funding earned: −$20.18
Price spread: +0.103% → 0.000%: $10.26
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$31.92
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 3 min ago; gTrade (Gains Network): 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	0.78 bp	12.4 bp −$12	28.6 bp −$286	351.2 bp −$35.1K	761.3 bp −$380.6K
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 32 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	−0.0111%	1h	31.823	+0.156%	$400K	$621K	5x	as long as short
Gate VVV_USDT	−0.0040%	4h	31.756	−0.054%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0017%	1h	31.817	+0.138%	$146K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.844	+0.223%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.929	+0.491%	$49K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.806	+0.104%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	31.806	+0.103%	$2K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.295%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDT	+0.0041%	4h	31.767	−0.019%	$38.9M	$50.7M	20x	as long as short
Lighter VVV	+0.0096%	1h	31.785	+0.037%	$2.1M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.773	0.000%	$469K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.839	+0.207%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.837	+0.200%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.806	+0.104%	$73.3M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.807	+0.106%	$258K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.861	+0.278%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.783	+0.032%	$33.8M	$149.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.784	+0.035%	$4.7M	$40.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.777	+0.013%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.797	+0.076%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.744	−0.091%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.773	long leg	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.875	+0.320%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.792	+0.059%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.807	+0.107%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.760	−0.041%	$300K	$1.9M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	31.854	+0.255%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.812	+0.124%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.841	+0.214%	$79K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.802	+0.092%	$575K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.885	+0.351%	$234K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0315%	1h	31.811	+0.118%	$123K	$317K	5x	as long as short