Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%

Price spread now: Extended against BingX+0.031%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$670.669% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.086%−$9 · spread now +0.031%, 7d avg −0.039%

Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 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: Extended is 0.070% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.275	0.0100	pay 0.0050% / 4h	1h 56m	—	$4.9M	—
Short	Extended VVV-USD	31.285	0.0104	get 0.0013% / 1h	56m 03s	$298K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.031%Rate

Funding earned: $0.84
Price spread: +0.031% → −0.039%: $7
Slippage, 4 orders: −$51.85
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$59.02
Costs to cover: 0.669%
Break-even: 498.8 days

Slippage from BingX: live order book, 9 min ago; Extended: 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, 9 min ago	0.48 bp	13.6 bp −$14	38.1 bp −$381	285.2 bp −$28.5K	543.0 bp −$271.5K
Sell Extended live order book, 3 min ago	2.25 bp	20.4 bp −$20	215.2 bp −$2,152	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.204	−0.227%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.180	−0.304%	$382K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.270	−0.018%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.278	+0.009%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.940%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.184	−0.291%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0056%	4h	31.235	−0.128%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.245	−0.097%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.259	−0.051%	$459K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.195	−0.255%	$3K	$73	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	31.190	−0.270%	$162K	$897K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.313	+0.122%	$70.4M	$48.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.243	−0.101%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.211	−0.204%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.279	+0.013%	$33.8M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.262	−0.042%	$38.5M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.283	+0.026%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.271	−0.013%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.286	+0.035%	$6.6M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.285	+0.032%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.284	+0.029%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.275	long leg	—	$4.9M	—
Variational Omni VVV	+0.0100%	4h	31.291	+0.052%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.175	−0.320%	$121K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.269	−0.021%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.261	−0.045%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	31.285	+0.031%	$298K	$2.2M	5x
Aevo VVV-PERP	+0.0104%	1h	31.235	−0.128%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.281	+0.018%	$78K	$331K	10x	as long as short
Kalshi KXVVVPERP	+0.0118%	8h	31.222	−0.169%	$96K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.283	+0.026%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0199%	1h	31.185	−0.289%	$499K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0484%	1h	31.320	+0.145%	$149K	$264K	5x	as long as short