Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.128%

Price spread now: 01 Exchange against Bybit+0.051%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on 01 Exchange

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

The price spread pays, funding is against you. 01 Exchange is 0.051% dearer against Bybit than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.548	0.0100	pay 0.0050% / 4h	2h 31m	$38.9M	$51.7M	20x
Short	01 Exchange VVVUSD	31.564	0	get 0.0000% / 1h	31m 24s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.051%Rate

Funding earned: −$21
Price spread: +0.051% → 0.000%: $5.07
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$33.93
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 3 min ago; 01 Exchange: 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, 3 min ago	1.11 bp	12.6 bp −$13	81.7 bp −$817	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.553	+0.015%	$90K	$22K	10x	as long as short
01 Exchange VVVUSDshort	0.0000%	1h	31.564	+0.051%	$11K	$3K	3x
Kalshi KXVVVPERP	0.0000%	8h	31.552	+0.013%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.565	+0.054%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.032%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0043%	4h	31.507	−0.130%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0044%	1h	31.531	−0.054%	$136K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.509	−0.124%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.556	+0.025%	$387K	$571K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.548	0.000%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.537	−0.035%	$468K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.539	−0.027%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.584	+0.114%	$72.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.544	−0.013%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.550	+0.006%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.567	+0.060%	$33.4M	$154.3M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.548	long leg	$38.9M	$51.7M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.558	+0.032%	$4.7M	$41.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.540	−0.025%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.562	+0.044%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.533	−0.048%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.548	0.000%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.554	+0.019%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.438	−0.347%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.544	−0.011%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.483	−0.206%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.548	+0.001%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.562	+0.044%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.553	+0.015%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.507	−0.129%	$78K	$331K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0209%	1h	31.524	−0.076%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.577	+0.093%	$193K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0195%	1h	31.548	0.000%	$539K	—	100x	as long as short