VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0078%/8h= +8.5% APRnext payment +$0.39 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Gate−0.068%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$95as in the Price arb table

costs, in and out, $10k−$870.872% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.038%+$4 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.068%, 7d avg +0.009%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bybit is 0.077% cheaper against Gate than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.009%). If the spread goes back, that is −$8 on $10k: about 3.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.038% in total) that is about 14 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	32.131	0.0022	pay 0.0011% / 4h	3h 46m	$10.8M	$7.3M	25x
Short	Bybit VVVUSDT	32.109	0.0100	get 0.0050% / 4h	3h 46m	$39.4M	$51.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.068%Rate

Funding earned: $16.38
Price spread: −0.068% → +0.009%: −$7.74
Slippage, 4 orders: −$61.23
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$78.58
Costs to cover: 0.872%
Break-even: 40.6 days

Slippage from Gate: live order book, 2 min ago; Bybit: live order book, 2 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	6.38 bp	24.3 bp −$24	817.7 bp −$8,177	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	1.40 bp	22.2 bp −$22	55.3 bp −$553	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
Polymarket Perps VVV-USD	−0.0225%	1h	32.118	−0.040%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0064%	1h	32.117	−0.044%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.121	−0.031%	$395K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.169	+0.118%	$108K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.161	+0.093%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.118	−0.040%	$19K	—	150x	as long as short
Gate VVV_USDTlong	+0.0022%	4h	32.131	long leg	$10.8M	$7.3M	25x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.144%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.147	+0.048%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.140	+0.028%	$478K	$1.6M	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	32.141	+0.030%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.184	+0.165%	$74.6M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.194	+0.197%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.191	+0.187%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.122	−0.029%	$33.7M	$155.6M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	32.109	−0.068%	$39.4M	$51.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.114	−0.053%	$4.7M	$42.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.168	+0.115%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.159	+0.087%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.139	+0.025%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.152	+0.065%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.917	−0.667%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.119	−0.038%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.141	+0.031%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.132	+0.002%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0102%	4h	32.125	−0.019%	$80K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.129	−0.006%	$307K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.133	+0.006%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0126%	4h	32.143	+0.037%	$1.3M	$1.8M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0170%	1h	32.141	+0.032%	$91K	$23K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0173%	1h	32.189	+0.180%	$125K	$336K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.113	−0.056%	$582K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.953	−0.553%	$240K	$1.3M	25x	as long as short