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 +0.027%

Price spread now: BingX against OKX+0.038%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$600.596% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.038%, 7d avg +0.008%

Together, before fees−0.007%−$1 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: BingX is 0.030% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.492	0.0100	pay 0.0050% / 4h	2h 34m	$4.7M	$41.1M	20x
Short	BingX VVV-USDT	31.504	0.0100	get 0.0050% / 4h	2h 34m	—	$5.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.038%Rate

Funding earned: $0
Price spread: +0.038% → +0.008%: $2.99
Slippage, 4 orders: −$39.59
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$56.6
Costs to cover: 0.596%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; BingX: live order book, 6 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, 5 min ago	0.80 bp	15.6 bp −$16	77.5 bp −$775	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	0.16 bp	11.5 bp −$12	34.0 bp −$340	213.7 bp −$21.4K	696.8 bp −$348.4K

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
01 Exchange VVVUSD	−0.0008%	1h	31.524	+0.102%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0001%	1h	31.491	−0.002%	$90K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.532	+0.127%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.520	+0.088%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.217%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0046%	4h	31.458	−0.108%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0050%	1h	31.489	−0.010%	$135K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.352%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.514	+0.070%	$386K	$571K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.498	+0.019%	$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	31.488	−0.013%	$467K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.520	+0.087%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.530	+0.121%	$71.9M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.504	+0.039%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.531	+0.124%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.508	+0.050%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.496	+0.013%	$38.8M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.492	long leg	$4.7M	$41.1M	20x
Gate VVV_USDT	+0.0100%	4h	31.505	+0.041%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.501	+0.029%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.496	+0.013%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.505	+0.041%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.504	+0.038%	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.438	−0.170%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.491	−0.002%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.481	−0.035%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.520	+0.088%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.494	+0.006%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.506	+0.044%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.355%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0207%	1h	31.525	+0.104%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.550	+0.184%	$190K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.505	+0.042%	$538K	—	100x	as long as short