Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%

Price spread now: Variational Omni against Bybit−0.100%7-day average +0.023% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.100%, 7d avg +0.023%

Together, before fees+0.100%+ Points / potential airdropVariational Omni: Active · farm board+$10 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: Variational Omni is 0.123% cheaper against Bybit than usual: you would sell low and buy high, −$12 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	32.121	0.0100	pay 0.0050% / 4h	30m 05s	$39.4M	$52.4M	20x
Short	Variational Omni VVV	32.089	0.0100	get 0.0050% / 4h	30m 05s	$2.1M	$183K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.100%Rate

Funding earned: $0
Price spread: −0.100% → +0.023%: −$12.31
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$23.31
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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	0.62 bp	16.9 bp −$17	47.1 bp −$471	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	4.27 bp	doesn't fit	59.2 bp −$592	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	−0.0065%	1h	32.091	−0.095%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.081	−0.125%	$110K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.116	−0.015%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.176%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.105	−0.051%	$395K	$604K	5x	as long as short
BloFin VVV-USDT	+0.0041%	4h	32.094	−0.084%	$1.3M	$1.8M	25x	as long as short
Polymarket Perps VVV-USD	+0.0044%	1h	32.089	−0.100%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.107	−0.044%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.148	+0.084%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.107	−0.044%	$477K	$1.6M	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	32.114	−0.020%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.166	+0.140%	$74.5M	$55.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.132	+0.034%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.122	+0.002%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.135	+0.045%	$33.6M	$156.8M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	32.121	long leg	$39.4M	$52.4M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.129	+0.025%	$4.7M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.128	+0.022%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.133	+0.037%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.122	+0.003%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.111	−0.031%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.131	+0.031%	—	$5.5M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	32.089	−0.100%	$2.1M	$183K	—
Derive VVV-PERP	+0.0100%	1h	32.098	−0.070%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.145	+0.075%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.124	+0.009%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.105	−0.051%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.110	−0.035%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	32.194	+0.227%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.173	+0.162%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0137%	1h	32.150	+0.089%	$122K	$358K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0181% / S +0.0172%	1h	32.106	−0.045%	$617K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.488%	$242K	$1.3M	25x	as long as short