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 +0.006%

Price spread now: Bitget against Bybit+0.086%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$850.852% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.038%+$4 · spread now +0.086%, 7d avg +0.031%

Together, before fees+0.100%+$10 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: Bitget is 0.055% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	32.476	0.0100	pay 0.0050% / 4h	1h 54m	$40.0M	$52.3M	20x
Short	Bitget VVVUSDT	32.504	0.0100	get 0.0050% / 4h	1h 54m	$5.9M	$8.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.086%Rate

Funding earned: $0
Price spread: +0.086% → +0.031%: $5.5
Slippage, 4 orders: −$62.21
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$79.71
Costs to cover: 0.852%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 3 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, 4 min ago	0.77 bp	28.9 bp −$29	90.1 bp −$901	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.77 bp	19.4 bp −$19	58.8 bp −$588	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	−0.0055%	1h	32.495	+0.059%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.498	+0.068%	$105K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.506	+0.092%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.059%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	32.502	+0.080%	$1.4M	$1.8M	25x	as long as short
Phoenix VVV	+0.0077%	1h	32.539	+0.194%	$57K	$294K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.500	+0.073%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.491	+0.046%	$486K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.516	+0.123%	$150K	$781K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.525	+0.150%	$276K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.497	+0.065%	$193K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.521	+0.140%	$34.3M	$155.8M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	32.476	long leg	$40.0M	$52.3M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.509	+0.102%	$4.8M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.500	+0.074%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.496	+0.062%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.512	+0.111%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.504	+0.086%	$5.9M	$8.8M	20x
BingX VVV-USDT	+0.0100%	4h	32.492	+0.049%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.467	−0.029%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.501	+0.077%	$150K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.488	+0.037%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.496	+0.062%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.500	+0.074%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.502	+0.080%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.511	+0.109%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.506	+0.091%	$81K	$330K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.490	+0.043%	$200K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.498	+0.069%	$402K	$583K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0097%	1h	32.501	+0.077%	$567K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0438%	1h	32.526	+0.155%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0600%	1h	32.546	+0.216%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0913%	1h	32.555	+0.243%	$75.6M	$55.4M	3x	as long as short