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 −0.026%

Price spread now: Variational Omni against BingX−0.108%7-day average −0.036% · you buy dearer than you sell

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

Long on BingX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.064%−$6 on $10k

Price spread, last 7 days−0.017%−$2 · spread now −0.108%, 7d avg −0.036%

Together, before fees−0.082%+ Points / potential airdropVariational Omni: 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: Variational Omni is 0.071% cheaper against BingX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	30.844	0.0100	pay 0.0050% / 4h	41m 00s	—	$5.1M	—
Short	Variational Omni VVV	30.811	0.0100	get 0.0050% / 4h	41m 00s	$1.9M	$296K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.108%Rate

Funding earned: $0
Price spread: −0.108% → −0.036%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$17.14
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 9 min ago; Variational Omni: RFQ quote, 3 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 BingX live order book, 9 min ago	1.63 bp	16.9 bp −$17	40.0 bp −$400	337.5 bp −$33.8K	810.7 bp −$405.3K
Sell Variational Omni RFQ quote, 3 min ago	3.04 bp	doesn't fit	47.8 bp −$478	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	30.796	−0.156%	$378K	$632K	5x	as long as short
Polymarket Perps VVV-USD	−0.0072%	1h	30.802	−0.136%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.828	−0.052%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.833	−0.034%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0030%	4h	30.831	−0.042%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.406%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.820	−0.078%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.246%	$144K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.826	−0.058%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.828	−0.052%	$451K	$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	30.802	−0.136%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.813	−0.101%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.841	−0.010%	$70.4M	$50.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.832	−0.038%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.830	−0.046%	$182K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.878	+0.111%	$32.9M	$132.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.863	+0.060%	$38.4M	$44.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.886	+0.136%	$4.8M	$34.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.844	0.000%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.837	−0.023%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.858	+0.045%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.844	long leg	—	$5.1M	—
Variational Omni VVVshort	+0.0100%	4h	30.811	−0.108%	$1.9M	$296K	—
Derive VVV-PERP	+0.0100%	1h	30.822	−0.070%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.834	−0.032%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.868	+0.076%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.828	−0.052%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0105%	4h	30.831	−0.042%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.728	−0.375%	$76K	$332K	10x	as long as short
Kalshi KXVVVPERP	+0.0160%	8h	30.812	−0.104%	$95K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.827	−0.056%	$555K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.825	−0.062%	$32K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0262%	1h	30.851	+0.023%	$120K	$255K	5x	as long as short