Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Variational Omni+0.047%52s7-day average −0.004% · you sell dearer than you buy

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

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)−0.677%−$68 · spread now +0.047%, 7d avg −0.004%

Together, before fees−0.671%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board−$67 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: Pacifica is 0.052% dearer against Variational Omni than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.407	0.0100	pay 0.0050% / 4h	1h 50m	$2.0M	$351K	—
Short	Pacifica VVV	31.422	0.0100	get 0.0013% / 1h	50m 48s	$185K	$128K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.047%Rate

Funding earned: $0
Price spread: +0.047% → −0.004%: $5.17
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$2.83
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: live order book, 57 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	2.87 bp	doesn't fit	35.7 bp −$357	doesn't fit	doesn't fit
Sell Pacifica live order book, 57 min ago	5.36 bp	37.6 bp −$38	doesn't fit	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.384	−0.073%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.398	−0.029%	$385K	$649K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.443	+0.113%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.428	+0.067%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.413	+0.018%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.498%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.420	+0.041%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.433	+0.082%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.408	+0.001%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.429	+0.069%	$163K	$897K	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	31.481	+0.235%	$70.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.436	+0.093%	$250K	$1.0M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	31.422	+0.047%	$185K	$128K	10x
Binance VVVUSDT	+0.0100%	4h	31.439	+0.101%	$33.9M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.404	−0.011%	$38.6M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.422	+0.047%	$4.9M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.427	+0.063%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.451	+0.139%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.441	+0.107%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.429	+0.069%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.439	+0.101%	—	$4.9M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.407	long leg	$2.0M	$351K	—
Polymarket Perps VVV-USD	+0.0100%	1h	31.404	−0.011%	$121K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.434	+0.084%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.421	+0.044%	$2.0M	$2.1M	50x	as long as short
BloFin VVV-USDT	+0.0102%	4h	31.460	+0.168%	$1.4M	$1.5M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.424	+0.053%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.417	+0.031%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0107%	8h	31.397	−0.033%	$86K	$5.6M	1.7x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.336	−0.226%	$78K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.250	−0.501%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0200%	1h	31.428	+0.065%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0472%	1h	31.491	+0.265%	$150K	$265K	5x	as long as short