Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.031%

Price spread now: Binance against Derive+0.012%7-day average — · you sell dearer than you buy

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

Long on Derive Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	31.193	0.0100	pay 0.0013% / 1h	56m 19s	$1K	$343	5x
Short	Binance VVVUSDT	31.196	0.0100	get 0.0050% / 4h	2h 56m	$32.9M	$154.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Derive. 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 DerivebpFee BinancebpOrdersPrice spread, now +0.012%Rate

Funding earned: $0
Price spread: +0.012% → 0.000%: $1.22
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$14.78
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Binance: 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 Derive no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	0.16 bp	13.3 bp −$13	42.8 bp −$428	doesn't fit	doesn't fit

Derive: 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	−0.0072%	1h	31.183	−0.031%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.218	+0.081%	$104K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.197	+0.013%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.192	0.000%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.217%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.191	−0.005%	$381K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.204	+0.037%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.197	+0.014%	$460K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.194	+0.003%	$144K	$778K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.232	+0.126%	$71.2M	$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 VVVUSDT	+0.0100%	4h	31.204	+0.037%	$274K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.230	+0.119%	$185K	$176K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.196	+0.012%	$32.9M	$154.4M	25x
Bybit VVVUSDT	+0.0100%	4h	31.191	−0.004%	$38.5M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.194	+0.005%	$4.6M	$40.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.194	+0.005%	$10.6M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.213	+0.065%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.212	+0.062%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.211	+0.059%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.185	−0.024%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.138	−0.173%	$2.0M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.182	−0.034%	$130K	$1.2M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.193	long leg	$1K	$343	5x
Phemex VVVUSDT	+0.0100%	4h	31.171	−0.069%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.195	+0.009%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.191	−0.006%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.196	+0.012%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.176	−0.052%	$77K	$329K	10x	as long as short
BloFin VVV-USDT	+0.0156%	4h	31.188	−0.015%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0174%	1h	31.136	−0.181%	$54K	$279K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	−0.220%	$178K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0333%	1h	31.216	+0.074%	$118K	$381K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0204%	1h	31.186	−0.022%	$521K	—	100x	as long as short