Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: BingX against Bitget−0.035%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$590.587% of the position

Long on Bitget Short on BingX

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+0.026%+$3 · spread now −0.035%, 7d avg +0.035%

Together, before fees+0.086%+$9 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: BingX is 0.071% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.035%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.022	0.0100	pay 0.0050% / 4h	1h 44m	$5.7M	$8.5M	20x
Short	BingX VVV-USDT	31.011	0.0100	get 0.0050% / 4h	1h 44m	—	$5.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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 BitgetbpFee BingXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0
Price spread: −0.035% → +0.035%: −$7.07
Slippage, 4 orders: −$36.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$65.77
Costs to cover: 0.587%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; BingX: 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 Bitget live order book, 4 min ago	4.56 bp	19.7 bp −$20	62.8 bp −$628	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.16 bp	10.6 bp −$11	47.2 bp −$472	221.6 bp −$22.2K	587.3 bp −$293.6K

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	−0.0152%	1h	30.973	−0.159%	$380K	$651K	5x	as long as short
Gate VVV_USDT	−0.0102%	4h	30.996	−0.084%	$10.4M	$6.2M	25x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.030	+0.026%	$133K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.037	+0.048%	$23K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0017%	1h	31.049	+0.086%	$86K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.796%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.986	−0.116%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0062%	4h	31.060	+0.122%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.028	+0.019%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.007	−0.048%	$459K	$1.5M	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	31.018	−0.011%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.021	−0.002%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.045	+0.074%	$71.2M	$53.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.057	+0.113%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.042	+0.066%	$185K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.019	−0.010%	$33.0M	$147.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.006	−0.052%	$38.3M	$50.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.003	−0.061%	$4.7M	$38.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.032	+0.032%	$6.2M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.039	+0.055%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.022	long leg	$5.7M	$8.5M	20x
BingX VVV-USDTshort	+0.0100%	4h	31.011	−0.035%	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	30.905	−0.377%	$2.0M	$246K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.037	+0.049%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.038	+0.052%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.002	−0.064%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.017	−0.017%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	30.813	−0.673%	$77K	$336K	10x	as long as short
Kalshi KXVVVPERP	+0.0125%	8h	31.010	−0.039%	$106K	$6.2M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.057	+0.113%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	30.879	−0.460%	$138K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.036	+0.046%	$559K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0229%	1h	31.091	+0.224%	$112K	$313K	5x	as long as short