Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.034%

Price spread now: Binance against Deribit+0.046%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 Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.046% dearer against Deribit than usual: you sell high and buy low: +$5 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	32.232	0	get 0.0000% / 1h	11m 49s	$91K	$23K	10x
Short	Binance VVVUSDT	32.247	0.0100	get 0.0050% / 4h	1h 11m	$33.8M	$157.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.046%Rate

Funding earned: $21
Price spread: +0.046% → 0.000%: $4.56
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $8.56
Costs to cover: 0.170%
Break-even: 4.1 days

Slippage unknown: Deribit: no order-book sample; Binance: 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 Binance live order book, 1 min ago	0.16 bp	14.7 bp −$15	41.5 bp −$415	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
Kalshi KXVVVPERP	0.0000%	8h	32.236	+0.011%	$108K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	32.232	long leg	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.228	−0.012%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.823%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.255	+0.071%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.222	−0.032%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.317	+0.263%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.245	+0.038%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.237	+0.015%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.255	+0.071%	$185K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDTshort	+0.0100%	4h	32.247	+0.046%	$33.8M	$157.5M	25x
Bybit VVVUSDT	+0.0100%	4h	32.230	−0.007%	$39.7M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.246	+0.043%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.240	+0.024%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.247	+0.046%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.217	−0.047%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.227	−0.016%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.248	+0.049%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.172	−0.186%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.236	+0.011%	$143K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.242	+0.029%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.217	−0.047%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.251	+0.058%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.227	−0.017%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.222	−0.032%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.191	−0.129%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0135%	4h	32.242	+0.030%	$1.3M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.228	−0.012%	$238K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.237	+0.013%	$396K	$606K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0186% / S +0.0168%	1h	32.240	+0.024%	$620K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0220%	1h	32.254	+0.068%	$122K	$373K	5x	as long as short
Hyperliquid VVV	+0.0282%	1h	32.257	+0.077%	$74.9M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0320%	1h	32.241	+0.027%	$12K	$3K	3x	as long as short