Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.004%

Price spread now: Gate against Bybit−0.043%7-day average −0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$840.837% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.043%, 7d avg −0.010%

Together, before fees+0.032%+$3 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 0.032% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.596	0.0100	pay 0.0050% / 4h	3h 38m	$38.5M	$38.8M	20x
Short	Gate VVV_USDT	31.583	0.0100	get 0.0050% / 4h	3h 38m	$11.9M	$4.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.043%Rate

Funding earned: $0
Price spread: −0.043% → −0.010%: −$3.24
Slippage, 4 orders: −$57.7
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$86.94
Costs to cover: 0.837%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 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 Bybit live order book, 1 min ago	0.79 bp	17.8 bp −$18	45.0 bp −$450	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	8.57 bp	25.2 bp −$25	128.4 bp −$1,284	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	−0.0349%	1h	31.572	−0.077%	$387K	$685K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.570	−0.084%	$98K	$5.2M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.607	+0.032%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.791	+0.617%	$192K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.589	−0.024%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.872%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0086%	4h	31.497	−0.315%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.605	+0.026%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.608	+0.036%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.543	−0.169%	$3K	$51	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	31.611	+0.046%	$189K	$975K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.589	−0.024%	$249K	$498K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.545	−0.163%	$185K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.620	+0.074%	$33.7M	$106.7M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.596	long leg	$38.5M	$38.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.593	−0.011%	$4.8M	$26.2M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.583	−0.043%	$11.9M	$4.8M	25x
MEXC VVV_USDT	+0.0100%	4h	31.614	+0.055%	$7.0M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.576	−0.065%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.590	−0.021%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.631	+0.109%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.453	−0.453%	$2.0M	$370K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.474	−0.388%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.474	−0.389%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.614	+0.055%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.606	+0.029%	$294K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.594	−0.007%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	31.502	−0.300%	$78K	$329K	10x	as long as short
Hyperliquid VVV	+0.0123%	1h	31.645	+0.153%	$70.4M	$42.7M	3x	as long as short
Phoenix VVV	+0.0229%	1h	31.608	+0.036%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0376%	1h	31.607	+0.033%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0218%	1h	31.592	−0.013%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0867%	1h	31.663	+0.211%	$170K	$262K	5x	as long as short