Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bitget against Derive−0.010%7-day average — · you buy dearer than you sell

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

Long on Derive Short on Bitget

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	30.657	0.0100	pay 0.0013% / 1h	43m 16s	$3K	$3K	5x
Short	Bitget VVVUSDT	30.654	0.0100	get 0.0050% / 4h	2h 43m	$5.7M	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → 0.000%: −$1.01
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$19.01
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago	4.07 bp	15.5 bp −$15	43.8 bp −$438	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
RISEx VVV/USDC	−0.0329%	1h	30.636	−0.068%	$380K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.089%	$142K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.656	−0.003%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.642	−0.051%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.055%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0063%	1h	30.624	−0.108%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	30.648	−0.030%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.655	−0.007%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.653	−0.013%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.662	+0.016%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	30.676	+0.063%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.645	−0.039%	$69.1M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.647	−0.032%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.675	+0.059%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.659	+0.006%	$33.0M	$122.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.633	−0.079%	$37.9M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.647	−0.033%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.631	−0.085%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.656	−0.004%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.635	−0.072%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	30.654	−0.010%	$5.7M	$7.2M	20x
BingX VVV-USDT	+0.0100%	4h	30.662	+0.016%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	−0.070%	$1.9M	$350K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	30.657	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.646	−0.036%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.677	+0.064%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.651	−0.021%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.642	−0.049%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0137%	4h	30.671	+0.045%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	30.683	+0.084%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0229%	8h	30.664	+0.023%	$94K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0424%	1h	30.692	+0.114%	$119K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.643	−0.047%	$535K	—	100x	as long as short