Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.018%

Price spread now: Extended against Bitget+0.044%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$690.692% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days−0.093%−$9 · spread now +0.044%, 7d avg +0.002%

Together, before fees−0.027%+ Points / potential airdropExtended: Active · farm board−$3 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: Extended is 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.596	0.0100	pay 0.0050% / 4h	59m 14s	$5.8M	$6.8M	20x
Short	Extended VVV-USD	31.610	0.0104	get 0.0013% / 1h	59m 14s	$302K	$1.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0.84
Price spread: +0.044% → +0.002%: $4.13
Slippage, 4 orders: −$52.17
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$64.19
Costs to cover: 0.692%
Break-even: 541.9 days

Slippage from Bitget: live order book, 4 min ago; Extended: live order book, 4 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	3.48 bp	17.6 bp −$18	40.9 bp −$409	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	1.57 bp	18.9 bp −$19	205.0 bp −$2,050	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	−0.0337%	1h	31.587	−0.029%	$387K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.556	−0.127%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.607	+0.035%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.613	+0.053%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.613	+0.055%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.874%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.611	+0.048%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.564	−0.101%	$467K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.580	−0.050%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.602	+0.017%	$142K	$925K	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	31.640	+0.139%	$70.9M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.577	−0.061%	$250K	$772K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.578	−0.056%	$186K	$125K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.576	−0.063%	$33.9M	$117.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.549	−0.150%	$38.6M	$40.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.560	−0.114%	$4.9M	$29.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.587	−0.028%	$11.5M	$5.2M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.621	+0.079%	$7.0M	$5.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.583	−0.041%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.596	long leg	$5.8M	$6.8M	20x
BingX VVV-USDT	+0.0100%	4h	31.609	+0.041%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.531	−0.206%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.609	+0.041%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.624	+0.089%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.582	−0.044%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	31.610	+0.044%	$302K	$1.2M	5x
Aevo VVV-PERP	+0.0104%	1h	31.610	+0.044%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.576	−0.064%	$78K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0152%	4h	31.616	+0.063%	$1.4M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	31.618	+0.070%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.564	−0.101%	$33K	$214K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0406%	1h	31.608	+0.037%	$155K	$267K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0208%	1h	31.603	+0.022%	$508K	—	100x	as long as short