Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Binance against OKX+0.005%7-day average +0.041% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$620.621% of the position

Long on OKX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 7 days+0.002%$0 · spread now +0.005%, 7d avg +0.041%

Together, before fees+0.061%+$6 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: Binance is 0.036% cheaper against OKX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.953	0.0100	pay 0.0050% / 4h	2m 35s	$4.6M	$42.0M	20x
Short	Binance VVVUSDT	31.955	0.0100	get 0.0050% / 4h	2m 35s	$33.5M	$155.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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 OKXbpFee BinancebpOrdersPrice spread, now +0.005%Rate

Funding earned: $0
Price spread: +0.005% → +0.041%: −$3.56
Slippage, 4 orders: −$42.07
Fee OKX: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$65.63
Costs to cover: 0.621%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Binance: live order book, 11 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 OKX live order book, 1 min ago	2.35 bp	15.9 bp −$16	58.1 bp −$581	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.16 bp	15.3 bp −$15	43.1 bp −$431	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	−0.0039%	1h	31.943	−0.031%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.945	−0.025%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.973	+0.063%	$107K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.965	+0.036%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.963	+0.031%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.713%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.945	−0.026%	$393K	$602K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.941	−0.038%	$2.2M	$6.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.943	−0.031%	$475K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.950	−0.008%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.981	+0.088%	$74.2M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.955	+0.005%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.966	+0.041%	$191K	$191K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.955	+0.005%	$33.5M	$155.9M	25x
Bybit VVVUSDT	+0.0100%	4h	31.939	−0.042%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.953	long leg	$4.6M	$42.0M	20x
Gate VVV_USDT	+0.0100%	4h	31.938	−0.047%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.963	+0.031%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.947	−0.019%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.944	−0.028%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.952	−0.003%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.870	−0.261%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.959	+0.017%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.962	+0.028%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.943	−0.031%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.945	−0.026%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.959	+0.020%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0105%	4h	31.971	+0.056%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.932	−0.067%	$79K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0121%	1h	31.985	+0.101%	$124K	$348K	5x	as long as short
Phoenix VVV	+0.0124%	1h	31.948	−0.016%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.958	+0.016%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.016%	$242K	$1.3M	25x	as long as short