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 −0.006%

Price spread now: Bybit against Bitget−0.029%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$870.875% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.095%−$9 · spread now −0.029%, 7d avg −0.031%

Together, before fees−0.157%−$16 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	32.028	0.0100	pay 0.0050% / 4h	2h 16m	$5.8M	$8.7M	20x
Short	Bybit VVVUSDT	32.019	0.0100	get 0.0050% / 4h	2h 16m	$39.5M	$51.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → −0.031%: $0.22
Slippage, 4 orders: −$64.46
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$87.24
Costs to cover: 0.875%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago	4.07 bp	20.9 bp −$21	47.9 bp −$479	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.25 bp	28.3 bp −$28	70.2 bp −$702	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	32.016	−0.037%	$121K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.017	−0.033%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.019	−0.030%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.473%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	31.978	−0.156%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.035	+0.023%	$393K	$573K	5x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	32.055	+0.084%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.027	−0.003%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.008	−0.062%	$478K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.034	+0.020%	$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	32.092	+0.199%	$73.3M	$54.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.035	+0.022%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.023	−0.015%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.023	−0.015%	$33.8M	$154.7M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	32.019	−0.029%	$39.5M	$51.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.041	+0.041%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.020	−0.025%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.024	−0.012%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.006	−0.069%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	32.028	long leg	$5.8M	$8.7M	20x
BingX VVV-USDT	+0.0100%	4h	32.025	−0.009%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.953	−0.233%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.022	−0.019%	$143K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.014	−0.045%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.985	−0.134%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.031	+0.009%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.026	−0.006%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.026	−0.008%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.977	−0.159%	$79K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0158%	4h	32.048	+0.062%	$1.3M	$1.7M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.007	−0.067%	$559K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.056	+0.088%	$212K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0270%	1h	32.041	+0.042%	$122K	$380K	5x	as long as short