Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0327%/8h= −35.8% APRpaid last 24h −0.078%

Price spread now: Aster against GMX+0.055%7-day average +0.039% · you sell dearer than you buy

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

Long on GMX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.309%−$31 on $10k

Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.055%, 7d avg +0.039%

Together, before fees−0.482%+ Points / potential airdropAster: Stage 5 · farm board−$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX VVV/USD [ETH-USDC]	30.620	L +0.0427% / S −0.0176%	pay 0.0053% / 1h	41m 20s	$534K	—	100x
Short	Aster VVVUSDT	30.637	0.0100	get 0.0050% / 4h	2h 41m	$244K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$68.59
Price spread: +0.055% → +0.039%: $1.56
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$87.03
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Aster: live order book, 2 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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	2.77 bp	22.2 bp −$22	61.5 bp −$615	doesn't fit	doesn't fit

GMX: 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
RISEx VVV/USDC	−0.0329%	1h	30.609	−0.036%	$379K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	+0.032%	$142K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.612	−0.027%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.619	−0.003%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.184%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0060%	1h	30.619	−0.004%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	30.633	+0.042%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.628	+0.026%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.628	+0.026%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.654	+0.110%	$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	30.629	+0.031%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.635	+0.049%	$69.0M	$48.7M	3x	as long as short
Aster VVVUSDTshort	+0.0100%	4h	30.637	+0.055%	$244K	$1.0M	10x
Pacifica VVV	+0.0100%	1h	30.698	+0.255%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.635	+0.047%	$33.0M	$122.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.610	−0.033%	$37.9M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.618	−0.007%	$4.8M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.640	+0.065%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.647	+0.088%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.645	+0.081%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.632	+0.039%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.636	+0.052%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	+0.051%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.615	−0.017%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.635	+0.049%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.619	−0.004%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.633	+0.043%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	30.663	+0.139%	$76K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0147%	4h	30.614	−0.020%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	30.683	+0.205%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0220%	8h	30.676	+0.182%	$94K	$5.5M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0427% / S −0.0176%	1h	30.620	long leg	$534K	—	100x
Backpack VVV_USDC_PERP	+0.0429%	1h	30.739	+0.390%	$119K	$239K	5x	as long as short