Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h +0.009%

Price spread now: Gate against Deribit+0.021%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 Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

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. Gate is 0.021% dearer against Deribit than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.001% in total) that is about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	31.719	0.0056	pay 0.0007% / 1h	16m 58s	$88K	$24K	10x
Short	Gate VVV_USDT	31.726	−0.0008	pay 0.0004% / 4h	1h 16m	$10.6M	$6.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.021%Rate

Funding earned: −$13.42
Price spread: +0.021% → 0.000%: $2.14
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$33.28
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Deribit: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago	5.68 bp	25.4 bp −$25	129.2 bp −$1,292	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
RISEx VVV/USDC	−0.0152%	1h	31.704	−0.048%	$399K	$643K	5x	as long as short
Gate VVV_USDTshort	−0.0008%	4h	31.726	+0.021%	$10.6M	$6.3M	25x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.707	−0.037%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.470%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUALlong	+0.0056%	1h	31.719	long leg	$88K	$24K	10x
Lighter VVV	+0.0096%	1h	31.744	+0.079%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.736	+0.053%	$470K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.722	+0.010%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.715	−0.012%	$147K	$848K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.791	+0.226%	$73.6M	$50.7M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.743	+0.075%	$256K	$1.4M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.736	+0.052%	$190K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.743	+0.075%	$33.7M	$139.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.729	+0.031%	$39.0M	$45.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.743	+0.075%	$4.8M	$37.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.754	+0.110%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.728	+0.028%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.727	+0.025%	$5.8M	$8.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.764	+0.141%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.678	−0.131%	$2.0M	$241K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.714	−0.016%	$137K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.699	−0.062%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.700	−0.061%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.736	+0.054%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.727	+0.026%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.738	+0.058%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.736	+0.053%	$1.2M	$1.7M	25x	as long as short
Phoenix VVV	+0.0153%	1h	31.735	+0.050%	$37K	$264K	5x	as long as short
01 Exchange VVVUSD	+0.0168%	1h	31.756	+0.116%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	−0.201%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0171%	8h	31.730	+0.034%	$105K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.706	−0.043%	$571K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0352%	1h	31.768	+0.153%	$125K	$286K	5x	as long as short