Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.026%

Price spread now: BingX against Derive+0.009%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 BingX

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	30.771	0.0100	pay 0.0013% / 1h	30m 19s	$3K	$3K	5x
Short	BingX VVV-USDT	30.774	0.0100	get 0.0050% / 4h	30m 19s	—	$5.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.86
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: −$15.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago	0.16 bp	13.5 bp −$13	38.5 bp −$385	233.0 bp −$23.3K	630.1 bp −$315.0K

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
RISEx VVV/USDC	−0.0299%	1h	30.761	−0.033%	$377K	$627K	5x	as long as short
Polymarket Perps VVV-USD	−0.0103%	1h	30.748	−0.076%	$128K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.770	−0.003%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.779	+0.023%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	30.767	−0.014%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.658%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0038%	4h	30.770	−0.004%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.011%	$144K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.730	−0.134%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.759	−0.040%	$449K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.759	−0.039%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.799	+0.091%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.782	+0.034%	$70.2M	$49.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.770	−0.004%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.765	−0.022%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.791	+0.064%	$32.9M	$130.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.767	−0.015%	$38.3M	$43.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.774	+0.009%	$4.8M	$33.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.781	+0.031%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.785	+0.044%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.786	+0.048%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	30.774	+0.009%	—	$5.0M	—
Variational Omni VVV	+0.0100%	4h	30.703	−0.223%	$1.9M	$337K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	30.771	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.722	−0.160%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.765	−0.021%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.780	+0.028%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.777	+0.020%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0153%	8h	30.754	−0.056%	$97K	$5.7M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0154%	1h	30.760	−0.036%	$119K	$253K	5x	as long as short
BloFin VVV-USDT	+0.0155%	4h	30.720	−0.167%	$1.3M	$1.6M	25x	as long as short
Phoenix VVV	+0.0182%	1h	30.774	+0.009%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0174%	1h	30.769	−0.008%	$539K	—	100x	as long as short