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

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0117%/8h= −12.8% APRnext payment $0.15 per $10,000 · paid last 24h −0.008%
Price spread now: Deribit against Pacifica−0.124%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.124% cheaper against Pacifica than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica VVV31.1150.0100pay 0.0013% / 1h52m 48s$185K$176K10x
ShortDeribit VVV_USDC-PERPETUAL31.077−0.0017pay 0.0002% / 1h52m 48s$89K$22K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Pacifica. 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
−$24.57
Price spread: −0.124% → 0.000%
−$12.42
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$52
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 35 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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 35 min ago14.90 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
01 Exchange VVVUSD−0.0096%1h31.200+0.272%$11K$3K3xas long as short
Deribit VVV_USDC-PERPETUALshort−0.0017%1h31.077−0.124%$89K$22K10x
Kalshi KXVVVPERP0.0000%8h31.174+0.188%$104K$6.9M1.7xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h31.104−0.037%$18K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+5.478%$2K$1K5.5xas long as short
Polymarket Perps VVV-USD+0.0039%1h31.096−0.063%$132K$1.2M3xas long as short
Gate VVV_USDT+0.0072%4h31.048−0.217%$10.5M$7.6M25xas long as short
Phoenix VVV+0.0077%1h31.296+0.580%$55K$292K5xas long as short
RISEx VVV/USDC+0.0078%1h31.123+0.023%$380K$573K5xas long as short
Lighter VVV+0.0096%1h31.055−0.195%$2.1M$5.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH VVV+0.0096%1h31.043−0.233%$458K$1.6M5xas long as short
Nado VVV-PERP+0.0100%1h31.102−0.042%$143K$778K3xas long as short
Hyperliquid VVV+0.0100%1h31.078−0.120%$70.8M$54.1M3xas long as short
Aster VVVUSDT+0.0100%4h31.107−0.027%$273K$1.8M10xas long as short
Pacifica VVVlong+0.0100%1h31.115long leg$185K$176K10x
Binance VVVUSDT+0.0100%4h31.055−0.194%$32.8M$154.4M25xas long as short
Bybit VVVUSDT+0.0100%4h31.038−0.249%$38.3M$51.6M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.064−0.165%$4.6M$40.5M20xas long as short
MEXC VVV_USDT+0.0100%4h31.068−0.153%$16.7M$6.9M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.094−0.069%$2.3M$2.6M20xas long as short
Bitget VVVUSDT+0.0100%4h31.041−0.239%$5.7M$8.6M20xas long as short
BingX VVV-USDT+0.0100%4h31.049−0.214%$5.4Mas long as short
Variational Omni VVV+0.0100%4h31.220+0.337%$2.1M$184Kas long as short
Derive VVV-PERP+0.0100%1h31.085−0.098%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h31.089−0.085%$2.1M$2.0M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h31.111−0.013%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h31.062−0.170%$311K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h31.124+0.026%$6K$13K3xas long as short
edgeX VVVUSDC+0.0113%4h31.279+0.524%$78K$330K10xas long as short
BloFin VVV-USDT+0.0141%4h31.074−0.133%$1.3M$1.7M25xas long as short
Backpack VVV_USDC_PERP+0.0157%1h31.075−0.129%$117K$380K5xas long as short
Coinbase International VVV-PERP-INTX+0.0232%1h31.124+0.027%$178K$1.2M25xas long as short
GMX VVV/USD [ETH-USDC]L +0.0439% / S −0.0204%1h31.095−0.067%$519K100xas long as short