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 +0.032%

Price spread now: Binance against Bybit+0.065%7-day average +0.097% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$610.607% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 7 days+0.081%+$8 · spread now +0.065%, 7d avg +0.097%

Together, before fees+0.202%+$20 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: Binance is 0.031% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.441	0.0100	pay 0.0050% / 4h	2h 37m	$38.7M	$51.7M	20x
Short	Binance VVVUSDT	31.462	0.0100	get 0.0050% / 4h	2h 37m	$33.3M	$154.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.097%: −$3.15
Slippage, 4 orders: −$39.67
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$63.82
Costs to cover: 0.607%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; Binance: 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 Bybit live order book, 2 min ago	1.59 bp	12.0 bp −$12	80.3 bp −$803	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.32 bp	14.3 bp −$14	41.7 bp −$417	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	−0.0135%	1h	31.434	−0.022%	$90K	$22K	10x	as long as short
01 Exchange VVVUSD	−0.0032%	1h	31.467	+0.082%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.426	−0.048%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.455	+0.044%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.385%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0050%	4h	31.374	−0.214%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0062%	1h	31.433	−0.026%	$134K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.191%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.458	+0.053%	$386K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.462	+0.065%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.474	+0.104%	$464K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.460	+0.061%	$144K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.487	+0.146%	$71.8M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.467	+0.081%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.481	+0.125%	$187K	$176K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.462	+0.065%	$33.3M	$154.3M	25x
Bybit VVVUSDTlong	+0.0100%	4h	31.441	long leg	$38.7M	$51.7M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.451	+0.031%	$4.7M	$41.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.441	−0.001%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.454	+0.041%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.464	+0.073%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.444	+0.009%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.454	+0.041%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.327	−0.363%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.439	−0.006%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.417	−0.077%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.487	+0.147%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.431	−0.033%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.455	+0.043%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.194%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0202%	1h	31.506	+0.205%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.472	+0.099%	$176K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.445	+0.013%	$537K	—	100x	as long as short