Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0166%/8h= −18.2% APRpaid last 24h −0.009%

Price spread now: Deribit against OKX−0.009%46s7-day average — · you buy dearer than you sell

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

Long on OKX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	32.592	0.0100	pay 0.0050% / 4h	1h 36m	$4.8M	$43.0M	20x
Short	Deribit VVV_USDC-PERPETUAL	32.589	−0.0066	pay 0.0008% / 1h	36m 30s	$92K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$34.85
Price spread: −0.009% → 0.000%: −$0.92
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$52.77
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 2 min ago; Deribit: no order-book sample. 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 OKX live order book, 2 min ago	1.07 bp	16.3 bp −$16	75.0 bp −$750	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit VVV_USDC-PERPETUALshort	−0.0066%	1h	32.589	−0.009%	$92K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.600	+0.026%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.700%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.581	−0.035%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.564	−0.086%	$484K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.535	−0.175%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.585	−0.020%	$150K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.555	−0.114%	$272K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.568	−0.073%	$187K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.593	+0.003%	$34.2M	$156.4M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.579	−0.039%	$40.1M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	32.592	long leg	$4.8M	$43.0M	20x
Gate VVV_USDT	+0.0100%	4h	32.583	−0.028%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.586	−0.018%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.575	−0.052%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.585	−0.021%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.597	+0.015%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.678	+0.263%	$2.2M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.584	−0.025%	$131K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.583	−0.027%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.580	−0.037%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.576	−0.050%	$3K	$106	5x	as long as short
Kalshi KXVVVPERP	+0.0100%	8h	32.527	−0.199%	$106K	$6.8M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.573	−0.057%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.587	−0.014%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.678	+0.263%	$81K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0114%	4h	32.608	+0.049%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.444	−0.454%	$196K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.583	−0.027%	$400K	$596K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0189% / S +0.0165%	1h	32.582	−0.029%	$627K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0278%	1h	32.641	+0.150%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0480%	1h	32.624	+0.098%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0662%	1h	32.649	+0.175%	$76.3M	$55.5M	3x	as long as short