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 −0.027%

Price spread now: Bitget against BingX−0.053%7-day average −0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$560.555% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.077%+$8 · spread now −0.053%, 7d avg −0.033%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	32.033	0.0100	pay 0.0050% / 4h	2h 20m	—	$5.4M	—
Short	Bitget VVVUSDT	32.016	0.0100	get 0.0050% / 4h	2h 20m	$5.8M	$8.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → −0.033%: −$1.99
Slippage, 4 orders: −$33.54
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$57.52
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from BingX: live order book, 10 min ago; Bitget: live order book, 3 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 BingX live order book, 10 min ago	0.79 bp	9.9 bp −$10	26.8 bp −$268	310.0 bp −$31.0K	696.5 bp −$348.3K
Sell Bitget live order book, 3 min ago	2.97 bp	17.5 bp −$18	53.9 bp −$539	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
Kalshi KXVVVPERP	0.0000%	8h	31.952	−0.253%	$120K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.978	−0.171%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.025	−0.024%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.457%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	32.042	+0.028%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.978	−0.172%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.037	+0.013%	$393K	$576K	5x	as long as short
Polymarket Perps VVV-USD	+0.0091%	1h	32.006	−0.084%	$143K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.033	0.000%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.022	−0.034%	$478K	$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
Nado VVV-PERP	+0.0100%	1h	32.061	+0.089%	$148K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.067	+0.106%	$73.2M	$54.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.054	+0.065%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.040	+0.021%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.043	+0.031%	$33.8M	$154.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.024	−0.029%	$39.5M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.053	+0.062%	$4.8M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.027	−0.019%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.041	+0.025%	$17.2M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.991	−0.131%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.016	−0.053%	$5.8M	$8.7M	20x
BingX VVV-USDTlong	+0.0100%	4h	32.033	long leg	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.838	−0.609%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.965	−0.214%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.973	−0.187%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.038	+0.015%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.031	−0.006%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.130	+0.304%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.976	−0.178%	$1.3M	$1.7M	25x	as long as short
edgeX VVVUSDC	+0.0120%	4h	32.015	−0.056%	$80K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.024	−0.028%	$560K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.001	−0.100%	$205K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0267%	1h	32.005	−0.086%	$122K	$381K	5x	as long as short