Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against Binance+0.013%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.002%$0 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.013%, 7d avg −0.032%

Together, before fees−0.055%−$6 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: BingX is 0.046% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	32.048	0.0100	pay 0.0050% / 4h	24m 07s	$33.5M	$156.5M	25x
Short	BingX VVV-USDT	32.052	0.0100	get 0.0050% / 4h	24m 07s	—	$5.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $0
Price spread: +0.013% → −0.032%: $4.55
Slippage, 4 orders: −$27.75
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$43.19
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; BingX: live order book, 11 min ago.

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 Binance live order book, 4 min ago	0.16 bp	14.2 bp −$14	40.8 bp −$408	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	0.16 bp	11.3 bp −$11	27.4 bp −$274	201.8 bp −$20.2K	597.2 bp −$298.6K

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
Kalshi KXVVVPERP	0.0000%	8h	32.055	+0.023%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.034	−0.042%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.059	+0.036%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0026%	1h	32.019	−0.090%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.410%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.021	−0.082%	$394K	$604K	5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	32.018	−0.093%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.058	+0.031%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.032	−0.049%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.033	−0.044%	$126K	$850K	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	32.075	+0.085%	$74.3M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.038	−0.031%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.051	+0.012%	$192K	$191K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.048	long leg	$33.5M	$156.5M	25x
Bybit VVVUSDT	+0.0100%	4h	32.029	−0.058%	$39.3M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.031	−0.052%	$4.6M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.025	−0.071%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.046	−0.005%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.047	−0.002%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.023	−0.077%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	32.052	+0.013%	—	$5.5M	—
Variational Omni VVV	+0.0100%	4h	32.110	+0.194%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.051	+0.012%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.078	+0.095%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.049	+0.003%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.035	−0.040%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.031	−0.052%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.120	+0.226%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.110	+0.194%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0129%	1h	32.061	+0.042%	$124K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0132%	4h	32.049	+0.004%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0173%	1h	32.054	+0.021%	$616K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.718%	$242K	$1.3M	25x	as long as short