Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.024%

Price spread now: Extended against OKX−0.054%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on OKX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.066%+$7 on $10k

Price spread, last 7 days−0.071%−$7 · spread now −0.054%, 7d avg −0.030%

Together, before fees−0.005%+ Points / potential airdropExtended: Active · farm board−$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: Extended is 0.024% 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 −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	30.697	0.0100	pay 0.0050% / 4h	3h 08m	$4.8M	$31.2M	20x
Short	Extended VVV-USD	30.680	0.0104	get 0.0013% / 1h	8m 10s	$293K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.054%Rate

Funding earned: $0.84
Price spread: −0.054% → −0.030%: −$2.43
Slippage, 4 orders: −$54.98
Fee OKX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$71.56
Costs to cover: 0.700%
Break-even: 603.4 days

Slippage from OKX: live order book, just now; Extended: live order book, 5 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, just now	2.45 bp	15.3 bp −$15	79.9 bp −$799	doesn't fit	doesn't fit
Sell Extended live order book, 5 min ago	1.45 bp	19.7 bp −$20	247.8 bp −$2,478	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	30.625	−0.233%	$376K	$645K	5x	as long as short
Polymarket Perps VVV-USD	−0.0104%	1h	30.621	−0.248%	$125K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	−0.179%	$143K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.661	−0.117%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.916%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.643	−0.176%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.683	−0.045%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.688	−0.029%	$448K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.640	−0.184%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.657	−0.129%	$133K	$870K	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	30.689	−0.026%	$69.2M	$48.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.654	−0.141%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.621	−0.247%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.685	−0.038%	$33.0M	$125.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.679	−0.059%	$38.1M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	30.697	long leg	$4.8M	$31.2M	20x
Gate VVV_USDT	+0.0100%	4h	30.660	−0.121%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.681	−0.052%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.631	−0.215%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.674	−0.075%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.679	−0.059%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	−0.198%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.663	−0.112%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.644	−0.173%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	30.680	−0.054%	$293K	$2.0M	5x
Aevo VVV-PERP	+0.0104%	1h	30.646	−0.167%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.684	−0.042%	$76K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0125%	4h	30.596	−0.329%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0129%	1h	30.602	−0.309%	$32K	$257K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0233%	1h	30.678	−0.062%	$85K	$22K	10x	as long as short
Kalshi KXVVVPERP	+0.0295%	8h	30.640	−0.186%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	30.710	+0.044%	$120K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.652	−0.147%	$534K	—	100x	as long as short