Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0009%/8h= +1.0% APRnext payment +$0.04 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against OKX+0.186%93s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$19 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.186%, 7d avg +0.050%
Together, before fees+0.217%+$22 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: BloFin is 0.136% dearer against OKX than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.050%. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX VVV-USDT-SWAP30.6470.0100pay 0.0050% / 4h45m 35s$4.7M$34.5M20x
ShortBloFin VVV-USDT30.7040.0109get 0.0054% / 4h45m 35s$1.3M$1.6M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$1.85
Price spread: +0.186% → +0.050%
$13.57
Slippage, 4 orders
−$41.78
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$48.36
Costs to cover
0.638%
Break-even
189.5 days
Slippage from OKX: live order book, 3 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 3 min ago1.80 bp16.9 bp −$1759.1 bp −$591doesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago0.16 bp14.1 bp −$1437.0 bp −$370doesn't fitdoesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx VVV/USDC−0.0299%1h30.630−0.054%$376K$637K5xas long as short
Polymarket Perps VVV-USD−0.0120%1h30.613−0.111%$129K$1.2M3xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h30.621−0.085%$85K$24K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0002%1h30.619−0.091%$23K150xas long as short
01 Exchange VVVUSD+0.0016%1h30.650+0.010%$11K$3K3xas long as short
Gate VVV_USDT+0.0020%4h30.618−0.095%$10.3M$5.9M25xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+7.090%$2K$1K5.5xas long as short
Coinbase International VVV-PERP-INTX+0.0064%1h30.500−0.480%$147K$1.2M25xas long as short
Lighter VVV+0.0096%1h30.627−0.065%$2.0M$5.2M5xas long as short
Lighter RH VVV+0.0096%1h30.612−0.114%$448K$1.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex VVV-USD-PERP+0.0100%8h30.629−0.059%$3K$735xas long as short
Nado VVV-PERP+0.0100%1h30.636−0.036%$111K$858K3xas long as short
Hyperliquid VVV+0.0100%1h30.618−0.095%$69.8M$50.3M3xas long as short
Aster VVVUSDT+0.0100%4h30.626−0.067%$246K$1.1M10xas long as short
Pacifica VVV+0.0100%1h30.655+0.025%$181K$134K10xas long as short
Binance VVVUSDT+0.0100%4h30.649+0.006%$32.6M$133.3M25xas long as short
Bybit VVVUSDT+0.0100%4h30.618−0.095%$38.1M$44.7M20xas long as short
OKX VVV-USDT-SWAPlong+0.0100%4h30.647long leg$4.7M$34.5M20x
MEXC VVV_USDT+0.0100%4h30.639−0.026%$6.3M$6.2M50xas long as short
KuCoin VVVUSDTM+0.0100%4h30.624−0.075%$1.9M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h30.626−0.069%$5.7M$7.6M20xas long as short
BingX VVV-USDT+0.0100%4h30.649+0.007%$5.1Mas long as short
Variational Omni VVV+0.0100%4h30.612−0.113%$1.9M$286Kas long as short
Derive VVV-PERP+0.0100%1h30.629−0.058%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h30.644−0.010%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h30.627−0.064%$290K$1.9M5xas long as short
Aevo VVV-PERP+0.0104%1h30.596−0.167%$6K3xas long as short
BloFin VVV-USDTshort+0.0109%4h30.704+0.186%$1.3M$1.6M25x
edgeX VVVUSDC+0.0112%4h30.603−0.145%$76K$335K10xas long as short
Kalshi KXVVVPERP+0.0160%8h30.632−0.049%$102K$5.7M1.7xas long as short
GMX VVV/USD [ETH-USDC]L +0.0173% / S +0.0127%1h30.618−0.096%$552K100xas long as short
Phoenix VVV+0.0182%1h30.679+0.104%$34K$253K5xas long as short
Backpack VVV_USDC_PERP+0.0258%1h30.673+0.085%$119K$258K5xas long as short