VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.97 per $10,000 · paid last 24h −0.038%

Price spread now: Bybit against BloFin−0.097%112s7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as 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−$750.748% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.258%−$26 on $10k

Price spread, last 3 days (all we have)−0.102%−$10 · spread now −0.097%, 7d avg −0.107%

Together, before fees−0.360%−$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. The two prices were read 112 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	BloFin VVV-USDT	31.965	0.0129	pay 0.0064% / 4h	3h 15m	$1.3M	$1.8M	25x
Short	Bybit VVVUSDT	31.934	−0.0065	pay 0.0032% / 4h	3h 15m	$39.1M	$51.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$40.64
Price spread: −0.097% → −0.107%: $0.99
Slippage, 4 orders: −$51.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$114.42
Costs to cover: 0.748%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Bybit: 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 BloFin live order book, 2 min ago	7.36 bp	18.6 bp −$19	33.1 bp −$331	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.57 bp	20.4 bp −$20	41.6 bp −$416	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
Polymarket Perps VVV-USD	−0.0249%	1h	31.917	−0.150%	$145K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0084%	4h	31.932	−0.103%	$10.7M	$7.4M	25x	as long as short
Bybit VVVUSDTshort	−0.0065%	4h	31.934	−0.097%	$39.1M	$51.6M	20x
01 Exchange VVVUSD	−0.0016%	1h	31.907	−0.181%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.911	−0.168%	$392K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.012	+0.147%	$111K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.896	−0.216%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.946	−0.060%	$89K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.956	−0.029%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.675%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.923	−0.132%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.917	−0.150%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.923	−0.130%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.963	−0.006%	$74.2M	$55.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.957	−0.026%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.983	+0.055%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.951	−0.044%	$33.6M	$154.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.939	−0.081%	$4.7M	$41.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.940	−0.078%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.949	−0.050%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.915	−0.156%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.942	−0.072%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.975	+0.031%	$123K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.900	−0.205%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.935	−0.094%	$3K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.957	−0.025%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.921	−0.139%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.928	−0.115%	$79K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.935	−0.092%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.953	−0.037%	$6K	—	3x	as long as short
BloFin VVV-USDTlong	+0.0129%	4h	31.965	long leg	$1.3M	$1.8M	25x
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	31.948	−0.055%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.090	+0.393%	$247K	$1.3M	25x	as long as short