Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h −0.003%

Price spread now: Gate against Coinbase International+0.174%7-day average −0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$960.958% of the position

Long on Coinbase International Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.186%−$19 on $10k

Price spread, last 4 days (all we have)+0.377%+$38 · spread now +0.174%, 7d avg −0.084%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.258% dearer against Coinbase International than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 7 days funding on this pair cost −0.186%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	30.630	−0.0040	get 0.0005% / 1h	42m 58s	$142K	$1.2M	25x
Short	Gate VVV_USDT	30.683	0.0100	get 0.0050% / 4h	2h 42m	$10.7M	$5.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Coinbase International. 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 Coinbase InternationalbpFee GatebpOrdersPrice spread, now +0.174%Rate

Funding earned: $29.4
Price spread: +0.174% → −0.084%: $25.77
Slippage, 4 orders: −$70.8
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$40.63
Costs to cover: 0.958%
Break-even: 16.7 days

Slippage from Coinbase International: live order book, just now; Gate: live order book, 1 min ago.

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 Coinbase International live order book, just now	13.07 bp	22.9 bp −$23	38.5 bp −$385	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	3.59 bp	21.0 bp −$21	128.4 bp −$1,284	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
RISEx VVV/USDC	−0.0329%	1h	30.636	+0.021%	$380K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTXlong	−0.0040%	1h	30.630	long leg	$142K	$1.2M	25x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.656	+0.086%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.642	+0.038%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.151%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0063%	1h	30.624	−0.019%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	30.648	+0.059%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.655	+0.082%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.653	+0.076%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.662	+0.105%	$3K	$73	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	30.676	+0.152%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.659	+0.095%	$69.1M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.667	+0.121%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.675	+0.148%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.694	+0.210%	$33.1M	$122.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.674	+0.144%	$38.0M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.702	+0.236%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	30.683	+0.174%	$10.7M	$5.6M	25x
MEXC VVV_USDT	+0.0100%	4h	30.674	+0.144%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.657	+0.089%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.655	+0.082%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.713	+0.272%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	+0.019%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.657	+0.089%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.646	+0.053%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.677	+0.153%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.667	+0.121%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.642	+0.040%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0137%	4h	30.671	+0.135%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	30.683	+0.174%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0229%	8h	30.664	+0.112%	$94K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0424%	1h	30.674	+0.144%	$119K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.643	+0.042%	$535K	—	100x	as long as short