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 +0.012%

Price spread now: Aster against Deribit+0.034%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.034% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	31.183	0	get 0.0000% / 1h	57m 23s	$89K	$22K	10x
Short	Aster VVVUSDT	31.193	0.0100	get 0.0050% / 4h	2h 57m	$274K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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 DeribitbpFee AsterbpOrdersPrice spread, now +0.034%Rate

Funding earned: $21
Price spread: +0.034% → 0.000%: $3.44
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aster: 4 bp × 2 orders: −$8
Net: $9.44
Costs to cover: 0.150%
Break-even: 3.9 days

Slippage unknown: Deribit: no order-book sample; Aster: live order book, 1 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 Deribit no order-book sample	—	—	—	—	—
Sell Aster live order book, 1 min ago	2.57 bp	20.9 bp −$21	65.8 bp −$658	doesn't fit	doesn't fit

Deribit: 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
01 Exchange VVVUSD	−0.0080%	1h	31.174	−0.027%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.204	+0.069%	$104K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.183	long leg	$89K	$22K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.181	−0.004%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.251%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.189	+0.022%	$381K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.201	+0.059%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.172	−0.034%	$459K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.189	+0.022%	$144K	$778K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.214	+0.101%	$71.1M	$54.1M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDTshort	+0.0100%	4h	31.193	+0.034%	$274K	$1.8M	10x
Pacifica VVV	+0.0100%	1h	31.195	+0.042%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.190	+0.023%	$32.9M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.169	−0.045%	$38.5M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.190	+0.024%	$4.6M	$40.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.170	−0.040%	$10.5M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.188	+0.018%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.187	+0.014%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.178	−0.014%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.170	−0.040%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.138	−0.141%	$2.0M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.160	−0.072%	$130K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.171	−0.038%	$1K	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.168	−0.047%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.176	−0.022%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.185	+0.008%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.191	+0.027%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.176	−0.019%	$77K	$329K	10x	as long as short
BloFin VVV-USDT	+0.0144%	4h	31.158	−0.079%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0174%	1h	31.136	−0.149%	$54K	$279K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.242	+0.191%	$178K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0383%	1h	31.184	+0.004%	$118K	$381K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0204%	1h	31.169	−0.044%	$520K	—	100x	as long as short