Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%

Price spread now: Variational Omni against BingX−0.668%7-day average −0.046% · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.065%−$6 on $10k

Price spread, last 7 days+0.556%+$56 · spread now −0.668%, 7d avg −0.046%

Together, before fees+0.491%+ Points / potential airdropVariational Omni: Active · farm board+$49 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: Variational Omni is 0.621% cheaper against BingX than usual: you would sell low and buy high, −$62 on $10k if it goes back to its 7-day average of −0.046%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	32.168	0.0100	pay 0.0050% / 4h	2h 15m	—	$5.4M	—
Short	Variational Omni VVV	31.953	0.0100	get 0.0050% / 4h	2h 15m	$2.1M	$180K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.668%Rate

Funding earned: $0
Price spread: −0.668% → −0.046%: −$62.13
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$72.13
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 4 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 4 min ago	0.16 bp	8.8 bp −$9	23.3 bp −$233	223.6 bp −$22.4K	615.7 bp −$307.9K
Sell Variational Omni RFQ quote, 3 min ago	3.82 bp	doesn't fit	66.0 bp −$660	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
Kalshi KXVVVPERP	0.0000%	8h	32.068	−0.311%	$121K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.047	−0.377%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.047	−0.377%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.027%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	31.978	−0.591%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.140	−0.086%	$396K	$574K	5x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	32.175	+0.022%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.069	−0.307%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.052	−0.361%	$478K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.034	−0.415%	$148K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.112	−0.174%	$73.4M	$54.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.059	−0.340%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.073	−0.297%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.091	−0.240%	$33.9M	$154.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.197	+0.089%	$39.7M	$52.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.183	+0.047%	$4.8M	$42.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.182	+0.044%	$10.9M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.199	+0.096%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.034	−0.417%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.173	+0.016%	$5.8M	$8.7M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	32.168	long leg	—	$5.4M	—
Variational Omni VVVshort	+0.0100%	4h	31.953	−0.668%	$2.1M	$180K	—
Polymarket Perps VVV-USD	+0.0100%	1h	32.022	−0.454%	$143K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.040	−0.399%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.986	−0.566%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.067	−0.315%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.014	−0.479%	$80K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.141	−0.083%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.049	−0.370%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0158%	4h	32.048	−0.373%	$1.3M	$1.7M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.036	−0.410%	$560K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.056	−0.348%	$212K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0270%	1h	32.080	−0.273%	$122K	$380K	5x	as long as short