Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: Bybit against Binance−0.125%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.125%, 7d avg −0.093%

Together, before fees−0.151%−$15 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: Bybit is 0.033% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.093%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	30.929	0.0100	pay 0.0050% / 4h	21m 52s	$33.1M	$129.9M	25x
Short	Bybit VVVUSDT	30.890	0.0100	get 0.0050% / 4h	21m 52s	$38.4M	$43.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.125%Rate

Funding earned: $0
Price spread: −0.125% → −0.093%: −$3.26
Slippage, 4 orders: −$42.76
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$67.02
Costs to cover: 0.638%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 2 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, 6 min ago	0.16 bp	15.7 bp −$16	39.9 bp −$399	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	0.16 bp	17.4 bp −$17	46.1 bp −$461	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0299%	1h	30.935	+0.020%	$379K	$628K	5x	as long as short
Polymarket Perps VVV-USD	−0.0084%	1h	30.938	+0.029%	$129K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.952	+0.073%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	30.974	+0.145%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.114%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0040%	4h	30.936	+0.022%	$10.4M	$6.0M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0060%	1h	30.963	+0.109%	$86K	$24K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.191%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.952	+0.074%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.956	+0.087%	$452K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.939	+0.033%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.966	+0.119%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.939	+0.032%	$70.6M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.942	+0.042%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.964	+0.113%	$183K	$133K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	30.929	long leg	$33.1M	$129.9M	25x
Bybit VVVUSDTshort	+0.0100%	4h	30.890	−0.125%	$38.4M	$43.3M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	30.894	−0.114%	$4.8M	$33.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.963	+0.110%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.938	+0.029%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.956	+0.087%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.912	−0.055%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.801	−0.413%	$1.9M	$290K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.948	+0.060%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.930	+0.003%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.952	+0.073%	$291K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.959	+0.098%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	30.830	−0.321%	$77K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0123%	4h	30.933	+0.013%	$1.3M	$1.6M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0134%	1h	30.954	+0.079%	$120K	$251K	5x	as long as short
Kalshi KXVVVPERP	+0.0149%	8h	30.963	+0.110%	$101K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.881	−0.156%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.945	+0.051%	$542K	—	100x	as long as short