Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.022%

Price spread now: gTrade (Gains Network) against Bybit−0.021%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.021% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.964	0.0100	pay 0.0050% / 4h	1m 05s	$39.2M	$51.8M	20x
Short	gTrade (Gains Network) VVV/USD	31.957	L +0.0004% / S −0.0004%	get 0.0001% / 1h	1m 05s	$19K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.021%Rate

Funding earned: −$20.1
Price spread: −0.021% → 0.000%: −$2.13
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$45.23
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 8 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 8 min ago	0.16 bp	14.6 bp −$15	48.7 bp −$487	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps VVV-USD	−0.0037%	1h	31.947	−0.053%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.964	+0.001%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.967	+0.010%	$107K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.966	+0.008%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	31.957	−0.021%	$19K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.679%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.961	−0.007%	$393K	$605K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.959	−0.017%	$2.2M	$6.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.960	−0.012%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.980	+0.052%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.006	+0.132%	$74.2M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.959	−0.016%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.973	+0.029%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.979	+0.048%	$33.5M	$155.8M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.964	long leg	$39.2M	$51.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.984	+0.063%	$4.7M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.959	−0.015%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.980	+0.051%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.958	−0.018%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.961	−0.009%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.988	+0.076%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.952	−0.036%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.967	+0.011%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.956	−0.024%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.956	−0.024%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.961	−0.010%	$79K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.972	+0.027%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.954	−0.030%	$6K	$13K	3x	as long as short
Phoenix VVV	+0.0124%	1h	31.948	−0.049%	$56K	$299K	5x	as long as short
BloFin VVV-USDT	+0.0126%	4h	31.982	+0.057%	$1.3M	$1.8M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0131%	1h	32.010	+0.145%	$124K	$345K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.964	+0.002%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.982%	$242K	$1.3M	25x	as long as short