VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h +0.029%

Price spread now: edgeX against Bybit+0.223%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$118as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1321.321% of the position

Long on Bybit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.144%+$14 on $10k

Price spread, last 4 days (all we have)+0.268%+$27 · spread now +0.223%, 7d avg +0.095%

Together, before fees+0.412%+ Points / potential airdropedgeX: Active · farm board+$41 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.095%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.770	0.0041	pay 0.0020% / 4h	2h 27m	$38.9M	$50.7M	20x
Short	edgeX VVVUSDC	31.841	0.0118	get 0.0059% / 4h	2h 27m	$79K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.223%Rate

Funding earned: $16.3
Price spread: +0.223% → +0.095%: $12.81
Slippage, 4 orders: −$112.05
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$102.94
Costs to cover: 1.321%
Break-even: 51.2 days

Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 41 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	0.63 bp	20.3 bp −$20	48.7 bp −$487	doesn't fit	doesn't fit
Sell edgeX live order book, 41 min ago	1.41 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

VVV on 32 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
RISEx VVV/USDC	−0.0111%	1h	31.823	+0.165%	$400K	$621K	5x	as long as short
Gate VVV_USDT	−0.0040%	4h	31.775	+0.015%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0017%	1h	31.817	+0.148%	$146K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.844	+0.233%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.929	+0.500%	$49K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.806	+0.113%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.806	+0.112%	$2K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.305%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDTlong	+0.0041%	4h	31.770	long leg	$38.9M	$50.7M	20x
Lighter VVV	+0.0096%	1h	31.785	+0.047%	$2.1M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.773	+0.009%	$469K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.839	+0.216%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.837	+0.209%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.806	+0.113%	$73.3M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.831	+0.193%	$258K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.861	+0.287%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.789	+0.060%	$33.8M	$149.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.759	−0.035%	$4.7M	$40.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.816	+0.144%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.794	+0.075%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.772	+0.006%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.782	+0.037%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.875	+0.329%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.792	+0.068%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.807	+0.116%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.799	+0.092%	$302K	$1.9M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	31.854	+0.264%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.812	+0.133%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0118%	4h	31.841	+0.223%	$79K	$333K	10x
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.802	+0.101%	$575K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.885	+0.360%	$234K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0315%	1h	31.811	+0.127%	$123K	$317K	5x	as long as short