Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.007%

Price spread now: Variational Omni against Aevo−0.222%48s7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Variational Omni

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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.222% cheaper against Aevo than usual: you would sell low and buy high, −$22 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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	Aevo VVV-PERP	31.640	0.0104	pay 0.0013% / 1h	47m 40s	$6K	—	3x
Short	Variational Omni VVV	31.570	0.0100	get 0.0050% / 4h	2h 47m	$2.1M	$190K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 AevobpFee Variational OmnibpOrdersPrice spread, now −0.222%Rate

Funding earned: −$0.84
Price spread: −0.222% → 0.000%: −$22.25
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$39.09
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 1 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	3.51 bp	doesn't fit	54.3 bp −$543	doesn't fit	doesn't fit

Aevo: 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	−0.0215%	4h	31.593	−0.150%	$38.5M	$51.8M	20x	as long as short
Polymarket Perps VVV-USD	−0.0128%	1h	31.651	+0.033%	$144K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0116%	4h	31.622	−0.058%	$10.6M	$7.0M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.605	−0.111%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.684	+0.137%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.638	−0.008%	$53K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.646	+0.016%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.659	+0.058%	$20K	—	150x	as long as short
Lighter VVV	+0.0032%	1h	31.610	−0.095%	$2.1M	$5.6M	5x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.611	−0.093%	$11K	$3K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.728%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.081%	$1.3M	$1.8M	25x	as long as short
Lighter RH VVV	+0.0096%	1h	31.614	−0.084%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.607	−0.105%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.673	+0.104%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.633	−0.024%	$73.0M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.639	−0.005%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.659	+0.058%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.610	−0.095%	$33.4M	$153.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.596	−0.141%	$4.7M	$40.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.634	−0.021%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.625	−0.049%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.617	−0.074%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.631	−0.030%	—	$5.4M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.570	−0.222%	$2.1M	$190K	—
Derive VVV-PERP	+0.0100%	1h	31.654	+0.044%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.650	+0.030%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.604	−0.114%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERPlong	+0.0104%	1h	31.640	long leg	$6K	—	3x
edgeX VVVUSDC	+0.0110%	4h	31.669	+0.090%	$79K	$335K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.656	+0.049%	$573K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0202%	1h	31.674	+0.104%	$123K	$329K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.337%	$243K	$1.2M	25x	as long as short