Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against OKX−0.075%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$710.706% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.057%−$6 · spread now −0.075%, 7d avg −0.052%

Together, before fees−0.119%−$12 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: Bybit is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.052%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	30.618	0.0100	pay 0.0050% / 4h	3h 12m	$4.8M	$31.3M	20x
Short	Bybit VVVUSDT	30.595	0.0100	get 0.0050% / 4h	3h 12m	$38.0M	$42.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.075%Rate

Funding earned: $0
Price spread: −0.075% → −0.052%: −$2.28
Slippage, 4 orders: −$49.63
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$72.91
Costs to cover: 0.706%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; Bybit: live order book, 1 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	0.49 bp	19.5 bp −$20	83.2 bp −$832	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.49 bp	19.3 bp −$19	45.2 bp −$452	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
RISEx VVV/USDC	−0.0417%	1h	30.614	−0.013%	$375K	$644K	5x	as long as short
Polymarket Perps VVV-USD	−0.0109%	1h	30.591	−0.088%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.079%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.676	+0.190%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.617	−0.004%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.192%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.617	−0.003%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.637	+0.061%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.678	+0.196%	$448K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.625	+0.024%	$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	30.622	+0.015%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.628	+0.033%	$69.0M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.643	+0.082%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.651	+0.108%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.623	+0.015%	$33.0M	$125.4M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	30.595	−0.075%	$38.0M	$42.6M	20x
OKX VVV-USDT-SWAPlong	+0.0100%	4h	30.618	long leg	$4.8M	$31.3M	20x
Gate VVV_USDT	+0.0100%	4h	30.610	−0.026%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.628	+0.033%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.632	+0.046%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.605	−0.042%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.618	0.000%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.564	−0.176%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.673	+0.180%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.666	+0.157%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.636	+0.060%	$297K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.674	+0.182%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	30.668	+0.164%	$76K	$334K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.651	+0.108%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0151%	4h	30.705	+0.284%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERP	+0.0265%	8h	30.682	+0.209%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	30.706	+0.289%	$120K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.600	−0.060%	$534K	—	100x	as long as short