Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.017%

Price spread now: Gate against Variational Omni+0.209%7-day average −0.027% · you sell dearer than you buy

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

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 7 days−0.188%−$19 · spread now +0.209%, 7d avg −0.027%

Together, before fees−0.217%+ Points / potential airdropVariational Omni: Active · farm board−$22 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: Gate is 0.236% dearer against Variational Omni than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.953	0.0100	pay 0.0050% / 4h	2h 16m	$2.1M	$180K	—
Short	Gate VVV_USDT	32.020	0.0100	get 0.0050% / 4h	2h 16m	$10.8M	$7.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now +0.209%Rate

Funding earned: $0
Price spread: +0.209% → −0.027%: $23.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $8.64
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Gate: 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 Variational Omni RFQ quote, 3 min ago	3.82 bp	doesn't fit	32.3 bp −$323	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.60 bp	17.8 bp −$18	124.5 bp −$1,245	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
Kalshi KXVVVPERP	0.0000%	8h	32.016	+0.196%	$121K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.017	+0.201%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.019	+0.204%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.713%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	31.978	+0.077%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.035	+0.257%	$393K	$573K	5x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	32.055	+0.318%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.027	+0.231%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.008	+0.171%	$478K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.034	+0.254%	$148K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.092	+0.434%	$73.3M	$54.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.035	+0.256%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.023	+0.219%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.023	+0.219%	$33.8M	$154.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.019	+0.205%	$39.5M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.041	+0.275%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	32.020	+0.209%	$10.8M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	32.024	+0.221%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.006	+0.165%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.028	+0.234%	$5.8M	$8.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.025	+0.225%	—	$5.4M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.953	long leg	$2.1M	$180K	—
Polymarket Perps VVV-USD	+0.0100%	1h	32.022	+0.215%	$143K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.014	+0.189%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.985	+0.099%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.031	+0.243%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.026	+0.228%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.026	+0.226%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.977	+0.074%	$79K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0158%	4h	32.048	+0.297%	$1.3M	$1.7M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.007	+0.167%	$559K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.056	+0.322%	$212K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0270%	1h	32.041	+0.276%	$122K	$380K	5x	as long as short