Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 23.765 | +0.0100 | pay 0.0050% / 4h | 3h 15m | $1.2M | $875K | 50x | Long Variational Omni+15% pts | |
| SHORT | 23.653 | L +0.0146S −0.0056 | get 0.0007% / 1h | 15m 24s | $110K | — | 10x | Short Avantis |
Price gap−0.471%
Funding gap−0.0044% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.531% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0044% /8h now · paid −0.078% over the last 7D
Price−$53spread −0.471% now, avg +0.060% → −0.531% if it goes back
Costsno datano order book for Avantis
Result, before costs−$61−0.61%+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.471%
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
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Avantis: its slippage is not counted.
- Note: Margin at max leverage$200 + $1,000Variational Omni 50x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$1.31Long Variational Omni: 6 payments, −$3.00; short Avantis: 24 payments, +$1.69.
- Watch: Gap narrower than usual−0.471% vs +0.060%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$110K vs $1.2M OIAvantis sets your exit cost. Check its book before closing.
- OK: Points on a legVariational Omni points · Avantis Season 3Volume here counts toward the points program.
- OK: No KYC on either legVariational Omni No · Avantis NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0037%/8h × 21 periods−$7.85
Price spread−0.471% → +0.060% (7d avg)−$53.11
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$69.96
Costs to cover0.090%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 3 min ago; Avantis: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGVariational Omni2.9534.5 bp−$3466.0 bp−$660doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————
Closing costs about the same again.
Avantis: no data.
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($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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