VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.2% APRnext payment −$0.10 per $10,000 · paid last 24h +0.038%

Price spread now: BloFin against Bitget−0.118%75s7-day average +0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$600.600% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.197%+$20 on $10k

Price spread, last 3 days (all we have)+0.362%+$36 · spread now −0.118%, 7d avg +0.107%

Together, before fees+0.559%+$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.225% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.107%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.197%, so the current rate has only just turned against you. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.323	0.0100	pay 0.0050% / 4h	2h 48m	$5.7M	$8.6M	20x
Short	BloFin VVV-USDT	31.286	0.0079	get 0.0040% / 4h	2h 48m	$1.3M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$4.31
Price spread: −0.118% → +0.107%: −$22.55
Slippage, 4 orders: −$35.99
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$86.84
Costs to cover: 0.600%
Break-even: never at this rate

Slippage from Bitget: live order book, just now; BloFin: 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, just now	3.99 bp	20.1 bp −$20	40.6 bp −$406	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.97 bp	15.4 bp −$15	28.9 bp −$289	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
01 Exchange VVVUSD	−0.0032%	1h	31.281	−0.134%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.305	−0.057%	$107K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.294	−0.092%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.288	−0.113%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.779%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0066%	1h	31.270	−0.169%	$133K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.296	−0.086%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.288	−0.113%	$383K	$573K	5x	as long as short
BloFin VVV-USDTshort	+0.0079%	4h	31.286	−0.118%	$1.3M	$1.7M	25x
Lighter VVV	+0.0096%	1h	31.314	−0.027%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.296	−0.086%	$461K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.290	−0.105%	$145K	$779K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.364	+0.131%	$71.5M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.274	−0.157%	$275K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.304	−0.060%	$186K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.353	+0.096%	$33.2M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.324	+0.003%	$38.6M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.336	+0.042%	$4.7M	$40.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.294	−0.093%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.320	−0.010%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.293	−0.096%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.323	long leg	$5.7M	$8.6M	20x
BingX VVV-USDT	+0.0100%	4h	31.314	−0.029%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.095	−0.729%	$2.0M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.299	−0.077%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.269	−0.172%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.312	−0.035%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.324	+0.002%	$312K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.273	−0.159%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.088	−0.751%	$77K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0204%	1h	31.344	+0.068%	$118K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	−0.635%	$178K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0204%	1h	31.289	−0.108%	$522K	—	100x	as long as short