Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.004%

Price spread now: Aster against Phemex+0.139%7-day average −0.025% · you sell dearer than you buy

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

Long on Phemex Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.599%−$60 · spread now +0.139%, 7d avg −0.025%

Together, before fees−0.507%+ Points / potential airdropAster: Stage 5 · farm board−$51 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: Aster is 0.164% dearer against Phemex than usual: you sell high and buy low, +$16 on $10k if it goes back to its 7-day average of −0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex VVVUSDT	31.699	0.0100	pay 0.0050% / 4h	1h 16m	$2.0M	$2.1M	50x
Short	Aster VVVUSDT	31.743	0.0100	get 0.0050% / 4h	1h 16m	$256K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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 PhemexbpFee AsterbpOrdersPrice spread, now +0.139%Rate

Funding earned: $0
Price spread: +0.139% → −0.025%: $16.39
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: −$3.61
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 2 min ago; Aster: live order book, 2 min ago. 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 Phemex live order book, 2 min ago	0.79 bp	44.3 bp −$44	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	4.10 bp	18.8 bp −$19	63.6 bp −$636	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	−0.0152%	1h	31.754	+0.174%	$398K	$644K	5x	as long as short
Gate VVV_USDT	−0.0006%	4h	31.738	+0.123%	$10.6M	$6.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.738	+0.124%	$23K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0027%	1h	31.748	+0.155%	$88K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.536%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.748	+0.155%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.738	+0.123%	$470K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.748	+0.154%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.742	+0.137%	$147K	$848K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.788	+0.281%	$73.6M	$50.7M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDTshort	+0.0100%	4h	31.743	+0.139%	$256K	$1.4M	10x
Pacifica VVV	+0.0100%	1h	31.758	+0.186%	$190K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.695	−0.014%	$33.6M	$139.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.646	−0.167%	$38.9M	$45.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.653	−0.145%	$4.8M	$37.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.706	+0.022%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.745	+0.145%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.745	+0.145%	$5.8M	$7.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.761	+0.196%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.678	−0.067%	$2.0M	$241K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.738	+0.123%	$137K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.724	+0.080%	$3K	$3K	5x	as long as short
Phemex VVVUSDTlong	+0.0100%	4h	31.699	long leg	$2.0M	$2.1M	50x
Extended VVV-USD	+0.0104%	1h	31.757	+0.183%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.750	+0.160%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.738	+0.122%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.736	+0.117%	$1.2M	$1.7M	25x	as long as short
Phoenix VVV	+0.0153%	1h	31.735	+0.114%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	−0.137%	$145K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.739	+0.127%	$572K	—	100x	as long as short
Kalshi KXVVVPERP	+0.0174%	8h	31.764	+0.205%	$105K	$5.9M	1.7x	as long as short
01 Exchange VVVUSD	+0.0176%	1h	31.793	+0.297%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0352%	1h	31.768	+0.217%	$125K	$286K	5x	as long as short