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

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h +0.008%
Price spread now: GMX against Bitget−0.239%7-day average +0.011% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.095%+$10 on $10k
Price spread, last 3 days (all we have)+0.153%+$15 · spread now −0.239%, 7d avg +0.011%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.250% cheaper against Bitget than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.095%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget VVVUSDT31.9460.0100pay 0.0050% / 4h3h 55m$5.8M$8.9M20x
ShortGMX VVV/USD [ETH-USDC]31.870L +0.0179% / S +0.0120%pay 0.0015% / 1h55m 44s$576K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
−$46.18
Price spread: −0.239% → +0.011%
−$25
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
−$95.18
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.

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, 3 min ago3.92 bp21.1 bp −$2143.5 bp −$435doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps VVV-USD−0.0195%1h31.933−0.041%$146K$1.2M3xas long as short
RISEx VVV/USDC−0.0015%1h31.960+0.045%$393K$599K5xas long as short
01 Exchange VVVUSD0.0000%1h31.980+0.106%$11K$3K3xas long as short
Kalshi KXVVVPERP0.0000%8h31.944−0.006%$109K$6.8M1.7xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h31.943−0.008%$90K$23K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h31.892−0.170%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+2.736%$2K$1K5.5xas long as short
BloFin VVV-USDT+0.0087%4h31.937−0.028%$1.3M$1.8M25xas long as short
Lighter VVV+0.0096%1h31.905−0.128%$2.2M$5.9M5xas long as short
Lighter RH VVV+0.0096%1h31.901−0.141%$475K$1.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado VVV-PERP+0.0100%1h31.885−0.189%$126K$850K3xas long as short
Hyperliquid VVV+0.0100%1h31.925−0.066%$74.0M$55.4M3xas long as short
Aster VVVUSDT+0.0100%4h31.934−0.038%$261K$1.9M10xas long as short
Pacifica VVV+0.0100%1h31.938−0.025%$191K$191K10xas long as short
Binance VVVUSDT+0.0100%4h31.939−0.021%$33.5M$155.7M25xas long as short
Bybit VVVUSDT+0.0100%4h31.940−0.019%$39.2M$51.7M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.955+0.028%$4.7M$41.9M20xas long as short
Gate VVV_USDT+0.0100%4h31.906−0.125%$10.7M$7.3M25xas long as short
MEXC VVV_USDT+0.0100%4h31.937−0.028%$6.4M$6.9M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.927−0.059%$2.0M$2.8M20xas long as short
Bitget VVVUSDTlong+0.0100%4h31.946long leg$5.8M$8.9M20x
BingX VVV-USDT+0.0100%4h31.916−0.094%$5.5Mas long as short
Backpack VVV_USDC_PERP+0.0100%1h31.918−0.088%$124K$339K5xas long as short
Variational Omni VVV+0.0100%4h31.948+0.005%$2.1M$183Kas long as short
Derive VVV-PERP+0.0100%1h31.925−0.067%$2K$2K5xas long as short
Phemex VVVUSDT+0.0100%4h31.914−0.100%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h31.937−0.028%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h31.915−0.097%$303K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h31.942−0.011%$6K3xas long as short
edgeX VVVUSDC+0.0109%4h31.960+0.044%$79K$333K10xas long as short
Phoenix VVV+0.0124%1h31.987+0.128%$56K$295K5xas long as short
GMX VVV/USD [ETH-USDC]shortL +0.0179% / S +0.0120%1h31.870−0.239%$576K100x
Coinbase International VVV-PERP-INTX+0.0320%1h32.278+1.038%$242K$1.3M25xas long as short