Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.025%
Price spread now: edgeX against Bitget−0.082%74s7-day average +0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1201.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.080%+$8 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.082%, 7d avg +0.103%
Together, before fees+0.104%+ Points / potential airdropedgeX: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.185% cheaper against Bitget than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of +0.103%). If the spread goes back, that is −$18 on $10k: about 55 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.080% in total) that is about 16 days. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget VVVUSDT31.6400.0100pay 0.0050% / 4h1h 04m$5.8M$6.8M20x
ShortedgeX VVVUSDC31.6140.0111get 0.0056% / 4h1h 04m$79K$331K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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

Funding earned
$2.36
Price spread: −0.082% → +0.103%
−$18.47
Slippage, 4 orders
−$99.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$136.21
Costs to cover
1.201%
Break-even
411.7 days
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago1.73 bp19.6 bp −$2046.7 bp −$467doesn't fitdoesn't fit
Sell edgeX live order book, 39 min ago0.95 bp35.0 bp −$35doesn't fitdoesn't fitdoesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International VVV-PERP-INTX−0.0088%1h31.568−0.226%$188K$1.3M25xas long as short
RISEx VVV/USDC−0.0085%1h31.612−0.089%$388K$652K5xas long as short
01 Exchange VVVUSD−0.0016%1h31.623−0.054%$11K$2K3xas long as short
Kalshi KXVVVPERP0.0000%8h31.648+0.025%$92K$5.4M1.7xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h31.623−0.054%$88K$22K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h31.643+0.009%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+3.729%$2K$1K5.5xas long as short
BloFin VVV-USDT+0.0086%4h31.657+0.054%$1.4M$1.5M25xas long as short
Lighter VVV+0.0096%1h31.614−0.081%$2.0M$4.5M5xas long as short
Lighter RH VVV+0.0096%1h31.620−0.063%$465K$1.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex VVV-USD-PERP+0.0100%8h31.634−0.019%$3K$735xas long as short
Nado VVV-PERP+0.0100%1h31.639−0.003%$143K$924K3xas long as short
Hyperliquid VVV+0.0100%1h31.674+0.108%$70.9M$46.1M3xas long as short
Aster VVVUSDT+0.0100%4h31.650+0.032%$251K$946K10xas long as short
Pacifica VVV+0.0100%1h31.659+0.060%$187K$126K10xas long as short
Binance VVVUSDT+0.0100%4h31.634−0.018%$34.0M$118.0M25xas long as short
Bybit VVVUSDT+0.0100%4h31.616−0.075%$38.7M$40.8M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.628−0.038%$4.9M$29.8M20xas long as short
Gate VVV_USDT+0.0100%4h31.619−0.066%$11.5M$5.5M25xas long as short
MEXC VVV_USDT+0.0100%4h31.646+0.019%$6.9M$5.7M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.6400.000%$1.7M$2.8M20xas long as short
Bitget VVVUSDTlong+0.0100%4h31.640long leg$5.8M$6.8M20x
BingX VVV-USDT+0.0100%4h31.643+0.009%$4.8Mas long as short
Variational Omni VVV+0.0100%4h31.664+0.076%$2.0M$354Kas long as short
Polymarket Perps VVV-USD+0.0100%1h31.628−0.038%$122K$1.4M3xas long as short
Derive VVV-PERP+0.0100%1h31.672+0.100%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h31.633−0.022%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h31.623−0.053%$302K$1.2M5xas long as short
Aevo VVV-PERP+0.0104%1h31.636−0.014%$6K3xas long as short
edgeX VVVUSDCshort+0.0111%4h31.614−0.082%$79K$331K10x
Phoenix VVV+0.0307%1h31.698+0.183%$33K$232K5xas long as short
Backpack VVV_USDC_PERP+0.0427%1h31.670+0.095%$155K$269K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0436% / S −0.0207%1h31.629−0.034%$509K100xas long as short