Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.015%

Price spread now: Extended against Bybit+0.065%7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$760.759% of the position

Long on Bybit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.129%+$13 on $10k

Price spread, last 7 days−0.078%−$8 · spread now +0.065%, 7d avg +0.023%

Together, before fees+0.051%+ Points / potential airdropExtended: Active · farm board+$5 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: Extended is 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.398	0.0100	pay 0.0050% / 4h	1m 51s	$38.3M	$39.6M	20x
Short	Extended VVV-USD	31.419	0.0104	get 0.0013% / 1h	1m 51s	$298K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0.84
Price spread: +0.065% → +0.023%: $4.28
Slippage, 4 orders: −$59.91
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$70.79
Costs to cover: 0.759%
Break-even: 596.9 days

Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 2 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	0.64 bp	19.1 bp −$19	47.6 bp −$476	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	2.12 bp	19.3 bp −$19	236.2 bp −$2,362	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
RISEx VVV/USDC	−0.0337%	1h	31.409	+0.033%	$392K	$665K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.592	+0.617%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.444	+0.145%	$93K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.372	−0.083%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.415	+0.053%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.528%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0078%	4h	31.397	−0.004%	$11.7M	$5.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.381	−0.057%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.398	−0.001%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.437	+0.123%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.460	+0.198%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.453	+0.174%	$70.3M	$44.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.440	+0.131%	$249K	$549K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.461	+0.199%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.418	+0.061%	$33.5M	$111.5M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.398	long leg	$38.3M	$39.6M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.413	+0.046%	$4.8M	$27.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.422	+0.075%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.407	+0.027%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.398	−0.001%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.425	+0.085%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.466	+0.216%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.417	+0.059%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.411	+0.040%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.417	+0.059%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	31.419	+0.065%	$298K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.403	+0.015%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.523	+0.398%	$78K	$330K	10x	as long as short
BloFin VVV-USDT	+0.0156%	4h	31.454	+0.177%	$1.2M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0184%	1h	31.442	+0.139%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.547	+0.473%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0215%	1h	31.410	+0.038%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0513%	1h	31.437	+0.124%	$160K	$270K	5x	as long as short