Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Derive−0.312%46s7-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 Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.312% cheaper against Derive than usual: you would sell low and buy high, −$31 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	31.368	0.0100	pay 0.0013% / 1h	43m 22s	$3K	$3K	5x
Short	Variational Omni VVV	31.270	0.0100	get 0.0050% / 4h	1h 43m	$2.0M	$352K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.312%Rate

Funding earned: $0
Price spread: −0.312% → 0.000%: −$31.19
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$37.19
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Variational Omni: RFQ quote, 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 Derive no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	4.15 bp	doesn't fit	49.8 bp −$498	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.474	+0.340%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.515	+0.468%	$386K	$649K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.393	+0.080%	$87K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.370	+0.006%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.504	+0.433%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.535	+0.533%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.629%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.429	+0.195%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.517	+0.475%	$463K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.486	+0.376%	$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	31.386	+0.059%	$163K	$897K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.552	+0.587%	$70.9M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.507	+0.445%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.493	+0.400%	$186K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.523	+0.495%	$34.0M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.510	+0.453%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.522	+0.491%	$4.9M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.491	+0.393%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.529	+0.514%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.511	+0.456%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.517	+0.475%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.514	+0.466%	—	$4.9M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.270	−0.312%	$2.0M	$352K	—
Polymarket Perps VVV-USD	+0.0100%	1h	31.511	+0.456%	$122K	$1.4M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.368	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.382	+0.045%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.539	+0.544%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.373	+0.016%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.370	+0.005%	$78K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0159%	4h	31.385	+0.055%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.402	+0.109%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0429% / S −0.0200%	1h	31.502	+0.427%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0466%	1h	31.445	+0.246%	$150K	$264K	5x	as long as short