Funding you earn now, next payment 00:00 UTC−0.0036%/8h= −4.0% APRnext payment −$0.18 per $10,000 · paid last 24h +0.060%
Price spread now: BloFin against Gate−0.048%48s7-day average +0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.706% of the position
Funding, last 7 days+0.298%+$30 on $10k
+Price spread, last 3 days (all we have)+0.252%+$25 · spread now −0.048%, 7d avg +0.125%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.172% cheaper against Gate than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.125%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.298%, so the current rate has only just turned against you. The two prices were read 48 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 | Gate VVV_USDT | 31.452 | 0.0100 | pay 0.0050% / 4h | 2h 36m | $10.6M | $7.7M | 25x |
| Short | BloFin VVV-USDT | 31.437 | 0.0064 | get 0.0032% / 4h | 2h 36m | $1.3M | $1.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$7.62
- Price spread: −0.048% → +0.125%
- −$17.22
- Slippage, 4 orders
- −$43.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$95.46
- Costs to cover
- 0.706%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 1 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, 2 min ago | 2.39 bp | 19.3 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 1 min ago | 0.16 bp | 13.3 bp −$13 | 35.5 bp −$355 | 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 | −0.0068% | 1h | 31.427 | −0.079% | $90K | $22K | 10x | as long as short |
| 01 Exchange VVVUSD | −0.0024% | 1h | 31.478 | +0.083% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.469 | +0.054% | $117K | $6.8M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.451 | −0.005% | $18K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.349% | $2K | $1K | 5.5x | as long as short |
| Polymarket Perps VVV-USD | +0.0054% | 1h | 31.449 | −0.010% | $134K | $1.2M | 3x | as long as short |
| BloFin VVV-USDTshort | +0.0064% | 4h | 31.437 | −0.048% | $1.3M | $1.7M | 25x | |
| Phoenix VVV | +0.0077% | 1h | 31.381 | −0.226% | $55K | $292K | 5x | as long as short |
| RISEx VVV/USDC | +0.0078% | 1h | 31.452 | 0.000% | $385K | $573K | 5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.441 | −0.034% | $2.2M | $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 | 31.423 | −0.092% | $464K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.449 | −0.008% | $144K | $781K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.485 | +0.105% | $71.8M | $54.1M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.470 | +0.058% | $276K | $1.8M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.469 | +0.054% | $187K | $176K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.441 | −0.034% | $33.2M | $154.3M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.425 | −0.085% | $38.7M | $51.7M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.442 | −0.032% | $4.7M | $41.0M | 20x | as long as short |
| Gate VVV_USDTlong | +0.0100% | 4h | 31.452 | long leg | $10.6M | $7.7M | 25x | |
| MEXC VVV_USDT | +0.0100% | 4h | 31.452 | 0.000% | $16.9M | $6.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.463 | +0.035% | $2.3M | $2.6M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.447 | −0.016% | $5.7M | $8.6M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.458 | +0.019% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.327 | −0.397% | $2.1M | $184K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.444 | −0.025% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.408 | −0.140% | $2.1M | $2.0M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.450 | −0.005% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.434 | −0.057% | $314K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.464 | +0.039% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0114% | 4h | 31.380 | −0.228% | $78K | $330K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.0207% | 1h | 31.457 | +0.016% | $119K | $379K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0232% | 1h | 31.480 | +0.091% | $188K | $1.2M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0443% / S −0.0195% | 1h | 31.447 | −0.015% | $538K | — | 100x | as long as short |
Gate VVV_USDT
BloFin VVV-USDT
Deribit VVV_USDC-PERPETUAL
01 Exchange VVVUSD
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Polymarket Perps VVV-USD
Phoenix VVV
RISEx VVV/USDC
Lighter VVV
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
Backpack VVV_USDC_PERP
Coinbase International VVV-PERP-INTX
GMX VVV/USD [ETH-USDC]