Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27.722 | +0.0100 | pay 0.0050% / 4h | 3h 09m | $31.4M | $12.1M | 20x | Long Bybit | |
| SHORT | 27.598 | 0 | 0.0000% / 43m | 32m 01s | $8K | $153K | 3x | Short Perpl |
Price gap−0.449%52s
Funding gap−0.0100% /8h
Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.529% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6−0.0100% /8h now · paid +0.056% over the last 7D
Price—spread −0.449%52s now · prices read too far apart to compare
Costsno datano order book for Perpl
Result, before costs—+ Points / potential airdropPerpl: points · farm boardneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.449%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$500 + $3,333Bybit 20x, Perpl 3x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 43mPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$3.00Long Bybit: 6 payments, −$3.00; short Perpl: 33 payments, $0.00.
- Watch: Prices read 52 s apart−0.449% vs +0.080%Part of this gap may be the market moving.
- Watch: Short leg is thinner$8K vs $31.4M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCBybit Yes · Perpl NoStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0027%/8h × 21 periods+$5.61
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Perpl—
Fee Bybit bp × 2 orders−$11.00
Fee Perpl bp × 2 orders−$6.90
Net, fees only · 7 days · $10k−$12.29
price spread not counted: prices read too far apartCosts to cover0.179%Break-even22.3 days
Slippage: Bybit: live order book, 1 min ago; Perpl: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGBybit1.2720.8 bp−$2153.7 bp−$537doesn’t fitdoesn’t fit
SELL · SHORTPerpl—————
Closing costs about the same again.
Perpl: no data.
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |
| 09-21 04:31 | Bitget | Listing | $NEAR has surged over 80% in seven days after launching confidential-by-default perpetual futures. While $VVV is building privacy-focused AI that generates conversations and images without retaining user data. @bitget on X ↗ |
| 09-19 06:31 | OKX | Listing | Trending this week on OKX: • Listed: $VVV & $PONS global Spot • New: 3 Tokenized Stocks & 10 X-Perps pairs • Added: $AEON to X Drops 🇺🇸 • Live: 10 new USDC Spot Margin pairs 🇪🇺 @okx on X ↗ |

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