Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.022%

Price spread now: gTrade (Gains Network) against Bybit+0.132%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.132% dearer against Bybit than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.692	0.0100	pay 0.0050% / 4h	3h 32m	$39.4M	$50.8M	20x
Short	gTrade (Gains Network) VVV/USD	31.734	L +0.0004% / S −0.0004%	get 0.0001% / 1h	32m 10s	$18K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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 BybitbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.132%Rate

Funding earned: −$20.14
Price spread: +0.132% → 0.000%: $13.16
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$29.98
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 2 min ago	0.79 bp	16.1 bp −$16	78.9 bp −$789	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.757	+0.205%	$91K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	31.734	+0.132%	$18K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.558%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0072%	4h	31.756	+0.201%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.742	+0.155%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.731	+0.122%	$479K	$1.5M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.741	+0.155%	$148K	$775K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.717	+0.076%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.761	+0.216%	$182K	$168K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.711	+0.060%	$33.2M	$152.3M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDTlong	+0.0100%	4h	31.692	long leg	$39.4M	$50.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.697	+0.015%	$4.7M	$40.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.708	+0.049%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.722	+0.093%	$16.9M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.722	+0.093%	$2.0M	$2.5M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.709	+0.052%	$5.8M	$8.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.719	+0.084%	—	$5.3M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.733	+0.128%	$2.1M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.739	+0.147%	$155K	$1.0M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.744	+0.164%	$424	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.722	+0.093%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.759	+0.211%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.751	+0.186%	$318K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.735	+0.134%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.808	+0.365%	$79K	$330K	10x	as long as short
Kalshi KXVVVPERP	+0.0169%	8h	31.774	+0.257%	$135K	$6.8M	1.7x	as long as short
Phoenix VVV	+0.0174%	1h	31.811	+0.374%	$56K	$279K	5x	as long as short
RISEx VVV/USDC	+0.0208%	1h	31.740	+0.151%	$388K	$578K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0249%	1h	31.718	+0.080%	$140K	$368K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0296%	1h	31.829	+0.430%	$194K	$1.1M	25x	as long as short
Hyperliquid VVV	+0.0337%	1h	31.742	+0.157%	$73.9M	$51.8M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0193%	1h	31.733	+0.127%	$539K	—	100x	as long as short
01 Exchange VVVUSD	+0.0464%	1h	31.746	+0.169%	$11K	$3K	3x	as long as short