Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.114%

Price spread now: Bybit against 01 Exchange−0.006%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 Bybit

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	31.249	0.0120	pay 0.0015% / 1h	8m 20s	$11K	$3K	3x
Short	Bybit VVVUSDT	31.247	0.0100	get 0.0050% / 4h	2h 08m	$38.3M	$50.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$4.2
Price spread: −0.006% → 0.000%: −$0.64
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.84
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 6 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 Bybit live order book, 6 min ago	0.16 bp	21.5 bp −$21	51.5 bp −$515	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 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
RISEx VVV/USDC	−0.0111%	1h	31.233	−0.050%	$383K	$639K	5x	as long as short
Gate VVV_USDT	−0.0044%	4h	31.257	+0.026%	$10.5M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0029%	1h	31.250	+0.003%	$133K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.344	+0.304%	$42K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.261	+0.039%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.027%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.221	−0.091%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.212	−0.118%	$461K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.207	−0.134%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.260	+0.035%	$129K	$849K	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.262	+0.042%	$72.1M	$53.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.221	−0.088%	$253K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.229	−0.063%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.261	+0.037%	$33.2M	$148.3M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.247	−0.006%	$38.3M	$50.2M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.275	+0.083%	$4.7M	$39.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.259	+0.032%	$6.3M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.226	−0.074%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.246	−0.010%	$5.6M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.276	+0.086%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.321	+0.229%	$2.0M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.254	+0.015%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.273	+0.077%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.217	−0.103%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.233	−0.052%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0110%	8h	31.197	−0.166%	$111K	$6.4M	1.7x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.350	+0.323%	$78K	$334K	10x	as long as short
01 Exchange VVVUSDlong	+0.0120%	1h	31.249	long leg	$11K	$3K	3x
Deribit VVV_USDC-PERPETUAL	+0.0159%	1h	31.271	+0.071%	$87K	$24K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0124%	1h	31.255	+0.020%	$563K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	+0.270%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0261%	1h	31.244	−0.016%	$121K	$316K	5x	as long as short