VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.035%

Price spread now: Gate against BloFin−0.137%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$750.753% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.298%−$30 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.137%, 7d avg −0.097%

Together, before fees−0.294%−$29 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: Gate is 0.040% cheaper against BloFin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.097%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	30.725	0.0107	pay 0.0054% / 4h	2h 28m	$1.3M	$1.5M	25x
Short	Gate VVV_USDT	30.683	0.0100	get 0.0050% / 4h	2h 28m	$10.7M	$5.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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 BloFinbpFee GatebpOrdersPrice spread, now −0.137%Rate

Funding earned: −$1.48
Price spread: −0.137% → −0.097%: −$4
Slippage, 4 orders: −$48.31
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$80.79
Costs to cover: 0.753%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Gate: live order book, 5 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 BloFin live order book, 4 min ago	2.60 bp	13.5 bp −$13	24.8 bp −$248	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	7.99 bp	23.8 bp −$24	132.3 bp −$1,323	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	−0.0329%	1h	30.664	−0.198%	$381K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.310%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.709	−0.051%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.819%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0063%	1h	30.723	−0.008%	$85K	$22K	10x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.688	−0.120%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USD	+0.0087%	1h	30.676	−0.159%	$118K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	30.680	−0.145%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.687	−0.124%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.674	−0.166%	$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	30.684	−0.132%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.699	−0.085%	$69.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.707	−0.060%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.700	−0.080%	$181K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.687	−0.123%	$33.1M	$121.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.670	−0.178%	$38.0M	$41.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.684	−0.133%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	30.683	−0.137%	$10.7M	$5.6M	25x
MEXC VVV_USDT	+0.0100%	4h	30.701	−0.078%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.700	−0.081%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.689	−0.117%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.688	−0.120%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.708	−0.056%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.708	−0.054%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.733	+0.026%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.680	−0.147%	$294K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.727	+0.007%	$6K	—	3x	as long as short
BloFin VVV-USDTlong	+0.0107%	4h	30.725	long leg	$1.3M	$1.5M	25x
edgeX VVVUSDC	+0.0109%	4h	30.717	−0.026%	$76K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0199%	8h	30.740	+0.049%	$94K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.725	0.000%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0388%	1h	30.732	+0.023%	$115K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0176%	1h	30.709	−0.054%	$536K	—	100x	as long as short