Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.017%

Price spread now: Derive against Gate−0.008%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	32.514	0.0100	pay 0.0050% / 4h	1h 55m	$11.0M	$7.7M	25x
Short	Derive VVV-PERP	32.511	0.0100	get 0.0013% / 1h	55m 48s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.008%Rate

Funding earned: $0
Price spread: −0.008% → 0.000%: −$0.82
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Derive: 3 bp × 2 orders: −$6
Net: −$21.82
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; Derive: no order-book sample. 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 Gate live order book, 3 min ago	6.62 bp	28.5 bp −$28	694.3 bp −$6,943	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Deribit VVV_USDC-PERPETUAL	−0.0002%	1h	32.514	+0.002%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.560	+0.141%	$107K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.519	+0.015%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.941%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	32.498	−0.049%	$57K	$291K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.544	+0.091%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.523	+0.028%	$486K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.494	−0.062%	$150K	$781K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.546	+0.098%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.514	+0.001%	$193K	$176K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.519	+0.015%	$34.3M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.498	−0.049%	$40.0M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.522	+0.025%	$4.8M	$42.8M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	32.514	long leg	$11.0M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	32.530	+0.049%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.528	+0.043%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.515	+0.003%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.520	+0.018%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.611	+0.298%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.492	−0.068%	$151K	$1.2M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.511	−0.008%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.492	−0.068%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.507	−0.023%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.524	+0.032%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.516	+0.008%	$7K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0112%	4h	32.521	+0.022%	$1.4M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.506	−0.026%	$81K	$330K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.490	−0.074%	$200K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.490	−0.075%	$404K	$582K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0097%	1h	32.520	+0.018%	$567K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0469%	1h	32.561	+0.145%	$125K	$377K	5x	as long as short
01 Exchange VVVUSD	+0.0616%	1h	32.531	+0.052%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0855%	1h	32.571	+0.175%	$75.5M	$55.3M	3x	as long as short