Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 20.205 | spot | no funding | — | — | $9.4M | 1x | Buy Bybit Spot | |
| SHORT | 20.184 | +0.0100 | get 0.0050% / 4h | 3h 46m | $19.5M | $22.1M | 20x | Short Bybit |
Price gap−0.104%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.071% under its 7d average: −$7 if it goes back, about 2.4 days of funding. At the last 7 days' pace that is about 7.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$6+0.0100% /8h now · paid +0.064% over the last 7D
Price−$7spread −0.104% now, avg −0.033% → −0.071% if it goes back
Costs−$1151.146% of $10k · taker + slippage, in and out
Result−$115−1.15%no points
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.104%
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 · 3 to watch- Watch: Thin at this size31.2 / 29.8 bpAt $10k entering Bybit Spot costs 31.2 bp, fee and slippage, 1.0× Bybit’s.
- Note: Spot in full, margin on the short$10,000 + $500The spot leg is bought with the whole $10k; Bybit runs at up to 20x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Bybit.
- OK: Only the short pays funding— / 4hThe spot leg pays no funding; Bybit settles every 4h.Next 24h at the current rates, on $10k a leg: +$3.00Long Bybit Spot: 0 payments, $0.00; short Bybit: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.104% vs −0.033%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Note: Spot has no open interest$19.5M OIOnly Bybit reports one; the spot book's depth is in the cost check above.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBybit Spot Yes · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0030%/8h × 21 periods+$6.36
Price spread−0.104% → −0.033% (7d avg)−$7.07
Slippage, 4 orderslive order books−$83.58
Fee Bybit Spot bp × 2 orders−$20.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$115.29
Costs to cover1.146%Break-even133.9 days
Slippage: Bybit Spot: live order book, 15 min ago; Bybit: live order book, 5 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBybit Spot3.1931.2 bp−$31doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.2129.8 bp−$3076.7 bp−$767doesn’t fitdoesn’t fit
Closing costs about the same again.
VVV news
posts that mention VVV, from every exchange| 11-02 14:33 | Perpl | Listing | October Updates Here's what we shipped this month. Product: >NEAR, UNI and VVV perps now live >Standard fee model: charged on open and close. Same rates, same total fee >One-click reverse to flip an open position >Real-Time Funding Rates page with every market's rate, interval and next funding countdown >Funding heatmap showing the last 24h of funding per market, longs vs shorts >Market depth chart showing bid and ask liquidity >CSV export for trade, order, P&L and account history >7-day range added to Dashboard charts >Featured Builders section for third-party tools built on Perpl >Failed orders now show the exact reason >Order book snapshot added to the Market Data API >Margin Usage now shows equity committed to positions >Wallet detection, deposit flow and multiple display fixes read more: Community: > 3,261,041 trades in the last 30 days >$200k in mPoints distributed >mPoints extended 3 weeks with $50K in weekly trading rewards >MON rewards distributed within a week of the program ending >Metropolis hackathon completed: $5K for Best Use of API, $3K for Best Analytics / Risk Tool More soon. @perpltrade on X ↗ |
| 10-31 16:14 | Derive | Contest | October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. @DeriveXYZ on X ↗ |
| 10-29 13:21 | Orderly | Listing | Another one hits the order book 🟣 $VVV, the native token of @AskVenice, is now LIVE as a perp on Orderly Go long or short across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗ |
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($VVV) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 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 ↗ |
Perpl
Derive
Orderly