Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against Gate+0.029%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$760.763% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.029%, 7d avg +0.072%

Together, before fees+0.204%+$20 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 0.043% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	30.583	0.0100	pay 0.0050% / 4h	2h 39m	$10.7M	$5.6M	25x
Short	BingX VVV-USDT	30.592	0.0100	get 0.0050% / 4h	2h 39m	—	$4.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.029%Rate

Funding earned: $0
Price spread: +0.029% → +0.072%: −$4.29
Slippage, 4 orders: −$51.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$80.62
Costs to cover: 0.763%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; BingX: live order book, 6 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 Gate live order book, 4 min ago	3.59 bp	28.9 bp −$29	859.9 bp −$8,599	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.16 bp	10.9 bp −$11	29.2 bp −$292	190.3 bp −$19.0K	668.5 bp −$334.3K

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	30.563	−0.066%	$379K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	+0.153%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	30.608	+0.081%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.315%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0044%	4h	30.633	+0.163%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0062%	1h	30.557	−0.085%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.578	−0.016%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.595	+0.039%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.596	+0.043%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.591	+0.027%	$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	30.596	+0.044%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.597	+0.046%	$68.9M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.622	+0.128%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.618	+0.116%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.606	+0.074%	$33.0M	$122.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.574	−0.030%	$37.9M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.596	+0.043%	$4.8M	$30.5M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	30.583	long leg	$10.7M	$5.6M	25x
MEXC VVV_USDT	+0.0100%	4h	30.601	+0.059%	$6.3M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.609	+0.085%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.574	−0.029%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	30.592	+0.029%	—	$4.9M	—
Variational Omni VVV	+0.0100%	4h	30.591	+0.027%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.612	+0.094%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.581	−0.007%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.642	+0.194%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.645	+0.202%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	30.663	+0.261%	$76K	$331K	10x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0116%	1h	30.636	+0.174%	$85K	$22K	10x	as long as short
Phoenix VVV	+0.0209%	1h	30.638	+0.180%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0212%	8h	30.608	+0.082%	$94K	$5.4M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0393%	1h	30.615	+0.103%	$120K	$240K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.599	+0.052%	$533K	—	100x	as long as short