Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h −0.067%

Price spread now: gTrade (Gains Network) against BloFin−0.106%50s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and gTrade (Gains Network) is 0.106% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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	31.935	0.0122	pay 0.0061% / 4h	3h 06m	$1.3M	$1.8M	25x
Short	gTrade (Gains Network) VVV/USD	31.901	L +0.0004% / S −0.0004%	get 0.0000% / 1h	6m 14s	$796	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.106%Rate

Funding earned: −$24.78
Price spread: −0.106% → 0.000%: −$10.62
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$59.39
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 1 min ago	0.47 bp	11.0 bp −$11	23.8 bp −$238	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0234%	1h	31.870	−0.204%	$159K	$1.2M	3x	as long as short
Bybit VVVUSDT	−0.0233%	4h	31.923	−0.038%	$39.0M	$51.6M	20x	as long as short
Gate VVV_USDT	−0.0146%	4h	31.873	−0.194%	$10.7M	$7.4M	25x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.875	−0.188%	$392K	$600K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.873	−0.194%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.924	−0.034%	$114K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.944	+0.028%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.910	−0.080%	$89K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	31.901	−0.106%	$796	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.771%	$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	31.920	−0.047%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.905	−0.094%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.895	−0.124%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.898	−0.116%	$74.1M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.904	−0.098%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.924	−0.033%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.935	0.000%	$33.5M	$154.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.931	−0.013%	$4.7M	$41.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.916	−0.059%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.938	+0.009%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.907	−0.088%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.898	−0.116%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.957	+0.070%	$123K	$335K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.882	−0.167%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.908	−0.083%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.943	+0.025%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.878	−0.178%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.908	−0.086%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.922	−0.042%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.896	−0.123%	$79K	$334K	10x	as long as short
BloFin VVV-USDTlong	+0.0122%	4h	31.935	long leg	$1.3M	$1.8M	25x
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0121%	1h	31.898	−0.114%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.927	−0.025%	$245K	$1.3M	25x	as long as short