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 0.000%

Price spread now: OKX against Bitget−0.012%7-day average +0.023% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$700.698% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.012%, 7d avg +0.023%

Together, before fees−0.007%−$1 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: OKX is 0.036% cheaper against Bitget than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	32.108	0.0100	pay 0.0050% / 4h	28m 32s	$5.8M	$8.9M	20x
Short	OKX VVV-USDT-SWAP	32.104	0.0100	get 0.0050% / 4h	28m 32s	$4.7M	$42.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.012%Rate

Funding earned: $0
Price spread: −0.012% → +0.023%: −$3.59
Slippage, 4 orders: −$47.82
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$73.4
Costs to cover: 0.698%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; OKX: 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, 5 min ago	2.80 bp	21.5 bp −$21	53.7 bp −$537	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.40 bp	18.4 bp −$18	65.2 bp −$652	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
Deribit VVV_USDC-PERPETUAL	−0.0102%	1h	32.103	−0.014%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.146	+0.118%	$110K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.119	+0.035%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.218%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.103	−0.015%	$395K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0043%	1h	32.092	−0.050%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.100	−0.025%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0064%	4h	32.116	+0.025%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.130	+0.069%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.101	−0.022%	$478K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.118	+0.031%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.130	+0.069%	$74.4M	$55.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.131	+0.072%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.114	+0.017%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.114	+0.018%	$33.6M	$156.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.096	−0.037%	$39.4M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	32.104	−0.012%	$4.7M	$42.4M	20x
Gate VVV_USDT	+0.0100%	4h	32.096	−0.037%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.119	+0.034%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.119	+0.034%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	32.108	long leg	$5.8M	$8.9M	20x
BingX VVV-USDT	+0.0100%	4h	32.111	+0.009%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.089	−0.060%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.122	+0.042%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.130	+0.069%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.114	+0.020%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.103	−0.017%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.107	−0.003%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	32.194	+0.267%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.130	+0.069%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0141%	1h	32.145	+0.115%	$122K	$358K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0181% / S +0.0172%	1h	32.114	+0.019%	$618K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.529%	$242K	$1.3M	25x	as long as short