VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.044%

Price spread now: BloFin against Bybit+0.188%62s7-day average +0.109% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as 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−$660.662% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.259%+$26 on $10k

Price spread, last 3 days (all we have)+0.056%+$6 · spread now +0.188%, 7d avg +0.109%

Together, before fees+0.315%+$31 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.080% dearer against Bybit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.109%. The two prices were read 62 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	Bybit VVVUSDT	32.547	0.0100	pay 0.0050% / 4h	1h 36m	$40.1M	$52.4M	20x
Short	BloFin VVV-USDT	32.608	0.0114	get 0.0057% / 4h	1h 36m	$1.4M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.188%Rate

Funding earned: $2.97
Price spread: +0.188% → +0.109%: $7.97
Slippage, 4 orders: −$43.16
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$55.22
Costs to cover: 0.662%
Break-even: 137.2 days

Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 1 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, 3 min ago	0.15 bp	22.1 bp −$22	78.8 bp −$788	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	1.08 bp	14.6 bp −$15	35.1 bp −$351	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	−0.0121%	1h	32.573	+0.080%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.599	+0.161%	$106K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.600	+0.165%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.840%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.571	+0.076%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.560	+0.041%	$484K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.535	−0.036%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.585	+0.119%	$150K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.568	+0.066%	$272K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.568	+0.066%	$187K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.572	+0.078%	$34.2M	$156.4M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	32.547	long leg	$40.1M	$52.4M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.562	+0.047%	$4.8M	$43.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.583	+0.112%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.586	+0.121%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.575	+0.087%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.576	+0.090%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.597	+0.155%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.678	+0.403%	$2.2M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.584	+0.115%	$131K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.575	+0.086%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.564	+0.053%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.576	+0.089%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.567	+0.063%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.569	+0.070%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.678	+0.402%	$81K	$332K	10x	as long as short
BloFin VVV-USDTshort	+0.0114%	4h	32.608	+0.188%	$1.4M	$1.8M	25x
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.645	+0.302%	$202K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.583	+0.112%	$400K	$596K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0189% / S +0.0165%	1h	32.582	+0.110%	$627K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0278%	1h	32.641	+0.290%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0480%	1h	32.624	+0.238%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0662%	1h	32.649	+0.314%	$76.3M	$55.5M	3x	as long as short