Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.029%

Price spread now: Variational Omni against Extended+0.432%7-day average +0.021% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.705%−$71 · spread now +0.432%, 7d avg +0.021%

Together, before fees−0.771%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$77 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: Variational Omni is 0.411% dearer against Extended than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.086	0.0104	pay 0.0013% / 1h	52m 12s	$311K	$1.6M	5x
Short	Variational Omni VVV	31.220	0.0100	get 0.0050% / 4h	2h 52m	$2.1M	$184K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpOrdersPrice spread, now +0.432%Rate

Funding earned: −$0.84
Price spread: +0.432% → +0.021%: $41.08
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $35.24
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 1 min ago; Variational Omni: RFQ quote, 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 Extended live order book, 1 min ago	1.48 bp	21.0 bp −$21	197.0 bp −$1,970	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	4.79 bp	doesn't fit	58.6 bp −$586	doesn't fit	doesn't fit

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
Deribit VVV_USDC-PERPETUAL	−0.0001%	1h	31.081	−0.015%	$89K	$22K	10x	as long as short
01 Exchange VVVUSD	0.0000%	1h	30.976	−0.354%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.076	−0.032%	$104K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.089	+0.011%	$18K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0025%	1h	31.050	−0.116%	$132K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.578%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0076%	4h	31.065	−0.068%	$10.5M	$7.6M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.296	+0.675%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.044	−0.135%	$380K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.091	+0.017%	$2.1M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.078	−0.026%	$458K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.055	−0.098%	$143K	$778K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.120	+0.109%	$70.9M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.083	−0.011%	$273K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.074	−0.037%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.087	+0.004%	$32.9M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.071	−0.048%	$38.3M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.086	0.000%	$4.6M	$40.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.091	+0.016%	$16.7M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.084	−0.007%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.064	−0.071%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.084	−0.007%	—	$5.4M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.220	+0.432%	$2.1M	$184K	—
Derive VVV-PERP	+0.0100%	1h	31.086	−0.001%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.089	+0.010%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.051	−0.112%	$3K	$106	5x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.086	long leg	$311K	$1.6M	5x
Aevo VVV-PERP	+0.0104%	1h	31.073	−0.040%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.279	+0.619%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0134%	1h	31.109	+0.075%	$117K	$380K	5x	as long as short
BloFin VVV-USDT	+0.0141%	4h	31.074	−0.039%	$1.3M	$1.7M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	+0.122%	$178K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0439% / S −0.0204%	1h	31.077	−0.030%	$519K	—	100x	as long as short