Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%

Price spread now: Pacifica against Bybit+0.205%7-day average +0.057% · you sell dearer than you buy

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

Long on Bybit Short on Pacifica

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.194%−$19 · spread now +0.205%, 7d avg +0.057%

Together, before fees−0.132%+ Points / potential airdropPacifica: Active · farm board−$13 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: Pacifica is 0.148% dearer against Bybit than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.057%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	32.629	0.0100	pay 0.0050% / 4h	1h 50m	$40.2M	$52.2M	20x
Short	Pacifica VVV	32.696	0.0100	get 0.0013% / 1h	50m 21s	$194K	$176K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.205%Rate

Funding earned: $0
Price spread: +0.205% → +0.057%: $14.76
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$4.24
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Pacifica: live order book, 32 min ago. 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, 4 min ago	0.15 bp	22.7 bp −$23	96.0 bp −$960	doesn't fit	doesn't fit
Sell Pacifica live order book, 32 min ago	1.25 bp	38.4 bp −$38	doesn't fit	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	−0.0427%	1h	32.639	+0.029%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.623	−0.019%	$105K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.658	+0.089%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.585%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0083%	4h	32.690	+0.187%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.686	+0.175%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.701	+0.220%	$489K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.487	−0.436%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.688	+0.182%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.684	+0.167%	$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 VVVshort	+0.0100%	1h	32.696	+0.205%	$194K	$176K	10x
Binance VVVUSDT	+0.0100%	4h	32.663	+0.103%	$34.4M	$155.8M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	32.629	long leg	$40.2M	$52.2M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.641	+0.036%	$4.8M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.673	+0.135%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.679	+0.153%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.672	+0.131%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.661	+0.098%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.651	+0.067%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.608	−0.064%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.662	+0.101%	$146K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.649	+0.060%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.645	+0.049%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.712	+0.254%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.637	+0.025%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.660	+0.095%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.463	−0.508%	$81K	$331K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.667	+0.115%	$199K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.684	+0.169%	$401K	$590K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0134%	1h	32.645	+0.049%	$594K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0442%	1h	32.726	+0.296%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0552%	1h	32.742	+0.346%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0928%	1h	32.710	+0.248%	$76.2M	$55.3M	3x	as long as short