Funding you earn now, next payment 00:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.19 per $10,000 · paid last 24h −0.012%
Price spread now: BingX against BloFin+0.025%7-day average −0.049% · 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−$42as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 3 days (all we have)−0.007%−$1 · spread now +0.025%, 7d avg −0.049%
=The price spread pays, funding is against you. BingX is 0.074% dearer against BloFin than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of −0.049%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VVV-USDT | 32.296 | 0.0138 | pay 0.0069% / 4h | 54m 40s | $1.3M | $1.8M | 25x |
| Short | BingX VVV-USDT | 32.304 | 0.0100 | get 0.0050% / 4h | 54m 40s | — | $5.5M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.02
- Price spread: +0.025% → −0.049%
- $7.35
- Slippage, 4 orders
- −$27.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$49.99
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; BingX: live order book, 6 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 BloFin live order book, 3 min ago | 0.31 bp | 11.1 bp −$11 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.62 bp | 12.4 bp −$12 | 26.1 bp −$261 | 223.0 bp −$22.3K | 586.4 bp −$293.2K |
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 | 32.312 | +0.050% | $113K | $6.9M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 32.234 | −0.193% | $91K | $23K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.244 | −0.161% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.622% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 32.296 | +0.001% | $397K | $604K | 5x | as long as short |
| Polymarket Perps VVV-USD | +0.0051% | 1h | 32.216 | −0.248% | $146K | $1.2M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.0080% | 1h | 32.320 | +0.074% | $12K | $3K | 3x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.311 | +0.047% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 32.278 | −0.056% | $480K | $1.6M | 5x | as long as short |
| Phoenix VVV | +0.0098% | 1h | 32.054 | −0.749% | $56K | $299K | 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 | 32.293 | −0.009% | $125K | $796K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.326 | +0.093% | $74.8M | $55.8M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.310 | +0.043% | $265K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.318 | +0.067% | $193K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.305 | +0.029% | $33.8M | $157.1M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.278 | −0.056% | $39.6M | $52.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.290 | −0.019% | $4.7M | $42.9M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.291 | −0.015% | $10.9M | $7.5M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.304 | +0.025% | $6.3M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.290 | −0.019% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.290 | −0.019% | $5.9M | $8.9M | 20x | as long as short |
| BingX VVV-USDTshort | +0.0100% | 4h | 32.304 | +0.025% | — | $5.5M | — | |
| Variational Omni VVV | +0.0100% | 4h | 32.149 | −0.456% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.235 | −0.189% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.266 | −0.093% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.308 | +0.037% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.295 | −0.005% | $325K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.241 | −0.170% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0105% | 4h | 32.165 | −0.405% | $80K | $332K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.0135% | 1h | 32.310 | +0.044% | $122K | $361K | 5x | as long as short |
| BloFin VVV-USDTlong | +0.0138% | 4h | 32.296 | long leg | $1.3M | $1.8M | 25x | |
| GMX VVV/USD [ETH-USDC] | L +0.0184% / S +0.0170% | 1h | 32.241 | −0.170% | $620K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | −0.057% | $242K | $1.4M | 25x | as long as short |
BloFin VVV-USDT
BingX VVV-USDT
Kalshi KXVVVPERP
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
RISEx VVV/USDC
Polymarket Perps VVV-USD
01 Exchange VVVUSD
Lighter VVV
Lighter RH VVV
Phoenix VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
Backpack VVV_USDC_PERP
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX