Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0054%/8h= −6.0% APRnext payment $0.27 per $10,000 · paid last 24h −0.032%
Price spread now: OKX against BloFin+0.082%53s7-day average −0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.194%−$19 on $10k
Price spread, last 4 days (all we have)−0.202%−$20 · spread now +0.082%, 7d avg −0.049%
Together, before fees−0.396%−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.130% dearer against BloFin than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of −0.049%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.0 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin VVV-USDT30.6530.0154pay 0.0077% / 4h3h 00m$1.3M$1.5M25x
ShortOKX VVV-USDT-SWAP30.6780.0100get 0.0050% / 4h3h 00m$4.8M$31.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
−$11.44
Price spread: +0.082% → −0.049%
$13.02
Slippage, 4 orders
−$28.57
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$49
Costs to cover
0.506%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago0.33 bp10.6 bp −$1123.8 bp −$238doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago2.45 bp15.1 bp −$1590.8 bp −$908doesn't fitdoesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx VVV/USDC−0.0417%1h30.662+0.031%$377K$646K5xas long as short
Coinbase International VVV-PERP-INTX−0.0088%1h30.723+0.229%$143K$1.2M25xas long as short
Polymarket Perps VVV-USD−0.0087%1h30.671+0.059%$112K$1.4M3xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h30.660+0.022%$85K$22K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0006%1h30.666+0.043%$21K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+7.069%$2K$1K5.5xas long as short
01 Exchange VVVUSD+0.0064%1h30.680+0.088%$11K$3K3xas long as short
Lighter VVV+0.0096%1h30.703+0.162%$2.0M$5.2M5xas long as short
Lighter RH VVV+0.0096%1h30.706+0.173%$447K$1.6M5xas long as short
Paradex VVV-USD-PERP+0.0100%8h30.682+0.096%$3K$735xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado VVV-PERP+0.0100%1h30.706+0.175%$134K$870K3xas long as short
Hyperliquid VVV+0.0100%1h30.691+0.124%$69.2M$48.8M3xas long as short
Aster VVVUSDT+0.0100%4h30.655+0.005%$244K$1.0M10xas long as short
Pacifica VVV+0.0100%1h30.706+0.173%$181K$131K10xas long as short
Binance VVVUSDT+0.0100%4h30.682+0.095%$33.0M$124.4M25xas long as short
Bybit VVVUSDT+0.0100%4h30.655+0.008%$38.0M$42.4M20xas long as short
OKX VVV-USDT-SWAPshort+0.0100%4h30.678+0.082%$4.8M$31.0M20x
Gate VVV_USDT+0.0100%4h30.676+0.075%$10.6M$5.8M25xas long as short
MEXC VVV_USDT+0.0100%4h30.689+0.117%$6.3M$5.9M50xas long as short
KuCoin VVVUSDTM+0.0100%4h30.687+0.111%$1.9M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h30.665+0.039%$5.7M$7.2M20xas long as short
BingX VVV-USDT+0.0100%4h30.684+0.101%$4.9Mas long as short
Variational Omni VVV+0.0100%4h30.620−0.107%$1.9M$350Kas long as short
Derive VVV-PERP+0.0100%1h30.655+0.007%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h30.640−0.042%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h30.667+0.046%$296K$2.2M5xas long as short
Aevo VVV-PERP+0.0104%1h30.650−0.010%$6K3xas long as short
edgeX VVVUSDC+0.0119%4h30.620−0.109%$76K$334K10xas long as short
Phoenix VVV+0.0129%1h30.664+0.036%$32K$257K5xas long as short
BloFin VVV-USDTlong+0.0154%4h30.653long leg$1.3M$1.5M25x
Kalshi KXVVVPERP+0.0293%8h30.633−0.065%$95K$5.5M1.7xas long as short
Backpack VVV_USDC_PERP+0.0317%1h30.704+0.165%$120K$240K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0427% / S −0.0176%1h30.665+0.039%$535K100xas long as short