Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.096%

Price spread now: Binance against 01 Exchange−0.138%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Binance is 0.138% cheaper against 01 Exchange than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	32.497	0.0576	pay 0.0072% / 1h	54m 02s	$12K	$3K	3x
Short	Binance VVVUSDT	32.452	0.0100	get 0.0050% / 4h	1h 54m	$34.2M	$155.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against 01 Exchange. 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 01 ExchangebpFee BinancebpOrdersPrice spread, now −0.138%Rate

Funding earned: −$99.96
Price spread: −0.138% → 0.000%: −$13.79
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: −$130.75
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Binance: live order book, 4 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	0.92 bp	13.5 bp −$13	37.6 bp −$376	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit VVV_USDC-PERPETUAL	−0.0212%	1h	32.451	−0.140%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.503	+0.018%	$105K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.458	−0.119%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.994%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	32.502	+0.015%	$1.4M	$1.8M	25x	as long as short
Phoenix VVV	+0.0077%	1h	32.539	+0.129%	$57K	$294K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.459	−0.118%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.441	−0.172%	$485K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.465	−0.097%	$150K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.461	−0.111%	$274K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.494	−0.008%	$193K	$176K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	32.452	−0.138%	$34.2M	$155.7M	25x
Bybit VVVUSDT	+0.0100%	4h	32.422	−0.232%	$39.9M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.445	−0.160%	$4.8M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.459	−0.117%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.451	−0.142%	$17.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.464	−0.102%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.443	−0.166%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.458	−0.120%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.467	−0.093%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.456	−0.126%	$149K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.451	−0.142%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.443	−0.166%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.490	−0.022%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.448	−0.150%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.486	−0.035%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.506	+0.026%	$81K	$330K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.490	−0.022%	$200K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.472	−0.076%	$398K	$589K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0097%	1h	32.457	−0.123%	$566K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0380%	1h	32.472	−0.076%	$125K	$374K	5x	as long as short
01 Exchange VVVUSDlong	+0.0576%	1h	32.497	long leg	$12K	$3K	3x
Hyperliquid VVV	+0.0946%	1h	32.525	+0.086%	$75.7M	$55.2M	3x	as long as short