Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h −0.075%

Price spread now: BloFin against 01 Exchange−0.199%98s7-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 BloFin

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

Funding pays, the price is against you. BloFin is 0.199% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.199% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 7.6 days of funding at the current rate (+$3 a day). The two prices were read 98 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	01 Exchange VVVUSD	31.647	0.0024	pay 0.0003% / 1h	49m 30s	$11K	$3K	3x
Short	BloFin VVV-USDT	31.584	0.0112	get 0.0056% / 4h	2h 49m	$1.3M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.199%Rate

Funding earned: $18.4
Price spread: −0.199% → 0.000%: −$19.91
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.5
Costs to cover: 0.190%
Break-even: 14.8 days

Slippage unknown: 01 Exchange: no order-book sample; BloFin: live order book, 3 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 BloFin live order book, 3 min ago	2.69 bp	18.6 bp −$19	doesn't fit	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
Bybit VVVUSDT	−0.0234%	4h	31.657	+0.033%	$38.6M	$51.8M	20x	as long as short
Polymarket Perps VVV-USD	−0.0130%	1h	31.642	−0.016%	$144K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0124%	4h	31.646	−0.003%	$10.6M	$7.0M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.630	−0.052%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.677	+0.095%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.638	−0.028%	$53K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.649	+0.006%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.660	+0.041%	$20K	—	150x	as long as short
01 Exchange VVVUSDlong	+0.0024%	1h	31.647	long leg	$11K	$3K	3x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.707%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.632	−0.047%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.622	−0.079%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.638	−0.028%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.645	−0.006%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.680	+0.104%	$73.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.669	+0.070%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.664	+0.055%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.664	+0.052%	$33.5M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.665	+0.057%	$4.7M	$40.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.655	+0.025%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.635	−0.038%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.627	−0.063%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.668	+0.066%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.570	−0.243%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.631	−0.050%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.641	−0.019%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.641	−0.019%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.624	−0.072%	$6K	—	3x	as long as short
BloFin VVV-USDTshort	+0.0112%	4h	31.584	−0.199%	$1.3M	$1.8M	25x
edgeX VVVUSDC	+0.0117%	4h	31.637	−0.031%	$79K	$335K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0157%	1h	31.681	+0.107%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.656	+0.028%	$572K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.357%	$243K	$1.2M	25x	as long as short