Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h −0.012%

Price spread now: Bitget against Coinbase International+0.016%7-day average −0.069% · you sell dearer than you buy

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$900.896% of the position

Long on Coinbase International Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 4 days (all we have)+0.125%+$12 · spread now +0.016%, 7d avg −0.069%

Together, before fees+0.055%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.084% dearer against Coinbase International than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.069%. Mind the row above: over the last 7 days funding on this pair cost −0.069%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.486	0.0040	pay 0.0005% / 1h	18m 52s	$192K	$1.3M	25x
Short	Bitget VVVUSDT	31.491	0.0100	get 0.0050% / 4h	2h 18m	$5.7M	$5.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Coinbase International. 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 Coinbase InternationalbpFee BitgetbpOrdersPrice spread, now +0.016%Rate

Funding earned: $12.6
Price spread: +0.016% → −0.069%: $8.44
Slippage, 4 orders: −$67.61
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$68.58
Costs to cover: 0.896%
Break-even: 45.1 days

Slippage from Coinbase International: live order book, 3 min ago; Bitget: live order book, 2 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 Coinbase International live order book, 3 min ago	19.14 bp	24.2 bp −$24	27.4 bp −$274	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	2.70 bp	16.8 bp −$17	41.9 bp −$419	doesn't fit	doesn't fit

VVV on 32 exchanges

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	−0.0166%	1h	31.524	+0.120%	$386K	$702K	5x	as long as short
Gate VVV_USDT	−0.0064%	4h	31.491	+0.016%	$12.2M	$4.6M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.516	+0.095%	$132K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.495	+0.030%	$87K	$19K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.496	+0.031%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.236%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0040%	1h	31.486	long leg	$192K	$1.3M	25x
Lighter VVV	+0.0096%	1h	31.505	+0.059%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.504	+0.057%	$494K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0099%	4h	31.503	+0.054%	$1.3M	$1.4M	25x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.492	+0.020%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.520	+0.109%	$188K	$973K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.510	+0.075%	$247K	$476K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.516	+0.094%	$186K	$116K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.510	+0.075%	$33.3M	$99.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.502	+0.051%	$38.3M	$37.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.509	+0.073%	$4.7M	$23.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.516	+0.095%	$7.4M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.499	+0.041%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	31.491	+0.016%	$5.7M	$5.8M	20x
BingX VVV-USDT	+0.0100%	4h	31.512	+0.082%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.432	−0.172%	$2.0M	$335K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.498	+0.038%	$129K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.515	+0.092%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.483	−0.010%	$293K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.514	+0.088%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.488	+0.005%	$78K	$323K	10x	as long as short
Phoenix VVV	+0.0279%	1h	31.507	+0.066%	$33K	$188K	5x	as long as short
01 Exchange VVVUSD	+0.0320%	1h	31.511	+0.079%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.491	+0.014%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0558%	1h	31.507	+0.066%	$167K	$251K	5x	as long as short
Hyperliquid VVV	+0.0620%	1h	31.555	+0.219%	$70.3M	$42.4M	3x	as long as short