Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: Bitget against gTrade (Gains Network)+0.277%45s7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.277% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	gTrade (Gains Network) VVV/USD	32.496	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	2m 37s	$19K	—	150x
Short	Bitget VVVUSDT	32.586	0.0100	get 0.0050% / 4h	2h 02m	$5.9M	$8.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BitgetbpOrdersPrice spread, now +0.277%Rate

Funding earned: $20.06
Price spread: +0.277% → 0.000%: $27.73
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $23.79
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: gTrade (Gains Network): no order-book sample; Bitget: live order book, 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	3.84 bp	18.3 bp −$18	61.7 bp −$617	doesn't fit	doesn't fit

gTrade (Gains Network): 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
Kalshi KXVVVPERP	0.0000%	8h	32.561	+0.200%	$107K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0004%	1h	32.496	long leg	$19K	—	150x
Deribit VVV_USDC-PERPETUAL	+0.0033%	1h	32.524	+0.086%	$92K	$23K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.997%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	32.454	−0.129%	$57K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.598	+0.314%	$414K	$577K	5x	as long as short
BloFin VVV-USDT	+0.0079%	4h	32.561	+0.200%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.626	+0.400%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.611	+0.354%	$487K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.538	+0.130%	$150K	$781K	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	32.625	+0.397%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.637	+0.433%	$194K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.608	+0.345%	$34.4M	$155.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.600	+0.322%	$40.2M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.606	+0.339%	$4.8M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.618	+0.376%	$11.0M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.628	+0.407%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.611	+0.354%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.586	+0.277%	$5.9M	$8.8M	20x
BingX VVV-USDT	+0.0100%	4h	32.600	+0.320%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.341	−0.477%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.515	+0.059%	$154K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.506	+0.032%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.487	−0.027%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.611	+0.355%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.597	+0.311%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.504	+0.025%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.426	−0.214%	$81K	$331K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.517	+0.065%	$568K	—	100x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	32.566	+0.216%	$12K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.490	−0.018%	$200K	$1.1M	25x	as long as short
Hyperliquid VVV	+0.0307%	1h	32.701	+0.631%	$75.7M	$55.2M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0370%	1h	32.630	+0.412%	$125K	$376K	5x	as long as short