Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.023%

Price spread now: OKX against BingX−0.023%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.042%+$4 · spread now −0.023%, 7d avg −0.010%

Together, before fees−0.018%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	30.567	0.0100	pay 0.0050% / 4h	2h 37m	—	$4.9M	—
Short	OKX VVV-USDT-SWAP	30.560	0.0100	get 0.0050% / 4h	2h 37m	$4.8M	$30.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.010%: −$1.24
Slippage, 4 orders: −$41.37
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$62.61
Costs to cover: 0.614%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; OKX: live order book, 1 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 BingX live order book, 7 min ago	0.16 bp	15.4 bp −$15	39.1 bp −$391	356.0 bp −$35.6K	687.8 bp −$343.9K
Sell OKX live order book, 1 min ago	1.47 bp	16.0 bp −$16	73.9 bp −$739	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
RISEx VVV/USDC	−0.0329%	1h	30.523	−0.143%	$379K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	+0.205%	$142K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.575	+0.027%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.567	0.000%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.371%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0044%	4h	30.633	+0.216%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0059%	1h	30.545	−0.072%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.543	−0.079%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.552	−0.047%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.558	−0.029%	$445K	$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	30.546	−0.069%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.549	−0.057%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.552	−0.049%	$68.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.564	−0.011%	$243K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.575	+0.025%	$180K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.566	−0.004%	$32.9M	$122.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.549	−0.058%	$37.9M	$41.8M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	30.560	−0.023%	$4.8M	$30.4M	20x
Gate VVV_USDT	+0.0100%	4h	30.526	−0.134%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.565	−0.007%	$6.3M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.572	+0.016%	$1.8M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.549	−0.059%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.567	long leg	—	$4.9M	—
Variational Omni VVV	+0.0100%	4h	30.591	+0.079%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.559	−0.028%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.577	+0.033%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.543	−0.079%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.563	−0.014%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	30.663	+0.313%	$76K	$331K	10x	as long as short
Phoenix VVV	+0.0209%	1h	30.638	+0.232%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0210%	8h	30.591	+0.079%	$94K	$5.4M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0398%	1h	30.587	+0.067%	$120K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.558	−0.030%	$533K	—	100x	as long as short