VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0213%/8h= −23.3% APRnext payment −$1.06 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Variational Omni+0.658%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 Variational Omni Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 7 days−0.650%−$65 · spread now +0.658%, 7d avg −0.025%

Together, before fees−0.651%+ Points / potential airdropVariational Omni: Active · farm board−$65 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.683% dearer against Variational Omni than usual: you sell high and buy low (spread +0.658% now, against its 7-day average of −0.025%): +$68 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 11 days. At the pace of the last 3 days (−0.002% in total) that is about years.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.002% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.679	0.0100	pay 0.0050% / 4h	2h 32m	$2.1M	$185K	—
Short	Bybit VVVUSDT	31.887	−0.0113	pay 0.0056% / 4h	2h 32m	$39.0M	$51.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Variational OmnibpFee BybitbpOrdersPrice spread, now +0.658%Rate

Funding earned: −$44.65
Price spread: +0.658% → −0.025%: $68.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $12.64
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 2 min ago	2.87 bp	doesn't fit	46.2 bp −$462	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.10 bp	21.2 bp −$21	45.6 bp −$456	doesn't fit	doesn't fit

VVV on 32 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
Bybit VVVUSDTshort	−0.0113%	4h	31.887	+0.658%	$39.0M	$51.0M	20x
RISEx VVV/USDC	−0.0111%	1h	31.884	+0.648%	$398K	$619K	5x	as long as short
Gate VVV_USDT	−0.0080%	4h	31.870	+0.604%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0052%	1h	31.887	+0.658%	$147K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.913	+0.740%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.859	+0.570%	$49K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.869	+0.600%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.603%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	31.909	+0.727%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.882	+0.643%	$2.2M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.871	+0.607%	$471K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.884	+0.647%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.913	+0.738%	$127K	$844K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.934	+0.806%	$73.6M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.910	+0.730%	$259K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.895	+0.684%	$191K	$177K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.896	+0.685%	$33.9M	$150.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.909	+0.727%	$4.7M	$40.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.888	+0.661%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.879	+0.633%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.876	+0.623%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.898	+0.693%	—	$5.4M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.679	long leg	$2.1M	$185K	—
Derive VVV-PERP	+0.0100%	1h	31.877	+0.628%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.874	+0.617%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.891	+0.671%	$302K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.880	+0.637%	$6K	—	3x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0105%	1h	31.884	+0.649%	$89K	$24K	10x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.831	+0.482%	$79K	$336K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0122%	1h	31.874	+0.617%	$576K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.910	+0.729%	$232K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0272%	1h	31.885	+0.652%	$123K	$319K	5x	as long as short