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 −0.003%

Price spread now: Gate against OKX+0.070%7-day average −0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$750.754% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 7 days−0.168%−$17 · spread now +0.070%, 7d avg −0.062%

Together, before fees−0.272%−$27 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: Gate is 0.132% dearer against OKX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.497	0.0100	pay 0.0050% / 4h	58m 46s	$4.9M	$29.5M	20x
Short	Gate VVV_USDT	31.519	0.0100	get 0.0050% / 4h	58m 46s	$11.5M	$5.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.070%Rate

Funding earned: $0
Price spread: +0.070% → −0.062%: $13.17
Slippage, 4 orders: −$50.44
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$62.27
Costs to cover: 0.754%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Gate: 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, 5 min ago	2.06 bp	14.5 bp −$14	86.2 bp −$862	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	4.91 bp	21.4 bp −$21	121.1 bp −$1,211	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	−0.0337%	1h	31.455	−0.132%	$386K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.556	+0.187%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.607	+0.349%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.613	+0.368%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.613	+0.369%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.200%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.513	+0.051%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.507	+0.032%	$466K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.499	+0.006%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.602	+0.332%	$142K	$925K	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	31.547	+0.159%	$70.7M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.555	+0.183%	$250K	$772K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.526	+0.092%	$186K	$125K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.531	+0.108%	$33.9M	$116.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.494	−0.009%	$38.5M	$40.6M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.497	long leg	$4.9M	$29.5M	20x
Gate VVV_USDTshort	+0.0100%	4h	31.519	+0.070%	$11.5M	$5.2M	25x
MEXC VVV_USDT	+0.0100%	4h	31.533	+0.114%	$6.9M	$5.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.566	+0.219%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.482	−0.048%	$5.7M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.492	−0.016%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.531	+0.108%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.609	+0.356%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.624	+0.404%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.582	+0.270%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.489	−0.026%	$302K	$1.3M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.610	+0.358%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.576	+0.250%	$78K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0152%	4h	31.616	+0.378%	$1.4M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	31.618	+0.384%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.564	+0.213%	$33K	$214K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0208%	1h	31.603	+0.337%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0829%	1h	31.588	+0.290%	$155K	$267K	5x	as long as short