Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%

Price spread now: BingX against Extended−0.044%7-day average +0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$670.666% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.139%+$14 · spread now −0.044%, 7d avg +0.040%

Together, before fees+0.133%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.084% cheaper against Extended than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.261	0.0104	pay 0.0013% / 1h	15m 47s	$296K	$1.9M	5x
Short	BingX VVV-USDT	31.247	0.0100	get 0.0050% / 4h	1h 15m	—	$5.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$0.84
Price spread: −0.044% → +0.040%: −$8.39
Slippage, 4 orders: −$51.63
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$75.86
Costs to cover: 0.666%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; BingX: live order book, 9 min ago.

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 Extended live order book, 3 min ago	1.45 bp	19.3 bp −$19	212.2 bp −$2,122	doesn't fit	doesn't fit
Sell BingX live order book, 9 min ago	0.47 bp	12.6 bp −$13	40.5 bp −$405	224.0 bp −$22.4K	720.5 bp −$360.2K

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	31.754	+1.579%	$398K	$644K	5x	as long as short
Gate VVV_USDT	−0.0006%	4h	31.216	−0.143%	$10.4M	$6.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.738	+1.527%	$23K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0027%	1h	31.748	+1.559%	$88K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.988%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.748	+1.559%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.738	+1.527%	$470K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.748	+1.558%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.742	+1.541%	$147K	$848K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.618	+1.143%	$73.0M	$50.9M	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	31.547	+0.914%	$254K	$1.3M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.758	+1.591%	$190K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.328	+0.214%	$33.3M	$139.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.278	+0.054%	$38.4M	$45.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.278	+0.055%	$4.8M	$37.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.234	−0.085%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.280	+0.062%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.257	−0.012%	$5.7M	$8.0M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.247	−0.044%	—	$5.2M	—
Variational Omni VVV	+0.0100%	4h	31.743	+1.544%	$2.0M	$241K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.738	+1.527%	$137K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.724	+1.483%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.699	+1.402%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.261	long leg	$296K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.750	+1.565%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.738	+1.526%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.736	+1.520%	$1.2M	$1.7M	25x	as long as short
Phoenix VVV	+0.0153%	1h	31.735	+1.517%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.263%	$145K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.739	+1.531%	$572K	—	100x	as long as short
Kalshi KXVVVPERP	+0.0174%	8h	31.764	+1.610%	$105K	$5.9M	1.7x	as long as short
01 Exchange VVVUSD	+0.0176%	1h	31.793	+1.703%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0358%	1h	31.661	+1.281%	$125K	$286K	5x	as long as short