Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.860 | +0.0447 | pay 0.0040% / 43m | 10m 58s | $17K | $76K | 3x | Long Perpl | |
| SHORT | 23.799 | +0.0045 | get 0.0023% / 4h | 2h 26m | $22.7M | $35.8M | 25x | Short Binance |
Price gap−0.254%52s
Funding gap−0.0401% /8h
Both sides work against this direction now: funding costs $12 a day on $10k and the gap is 0.254% under zero (no 7-day history yet). Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$40−0.0401% /8h now · paid −0.399% over the last 7D
Price—spread −0.254%52s now · prices read too far apart to compare
Costsno datano order book for Perpl
Result, before costs—+ Points / potential airdropPerpl: points · farm boardneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.254%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 36 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $400Perpl 3x, Binance 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ43m / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$12.24Long Perpl: 34 payments, −$13.60; short Binance: 6 payments, +$1.36.
- Watch: Prices read 52 s apart−0.254% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$17K vs $22.7M OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- Watch: KYCPerpl No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0190%/8h × 21 periods−$39.90
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Perpl—
Fee Perpl bp × 2 orders−$6.90
Fee Binance bp × 2 orders−$10.00
Net, fees only · 7 days · $10k−$56.80
price spread not counted: prices read too far apartCosts to cover0.169%Break-evennever at this rate
Slippage: Perpl: no order-book sample; Binance: live order book, 9 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPerpl—————
SELL · SHORTBinance1.2512.5 bp−$1329.2 bp−$292120.3 bp−$12.0Kdoesn’t fit
Closing costs about the same again.
Perpl: no data.
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($VVV) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |

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