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

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h −0.003%
Price spread now: Coinbase International against Deribit+0.074%7-day average · you sell dearer than you buy
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 7 days+0.197%+$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.074% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit VVV_USDC-PERPETUAL32.1950get 0.0000% / 1h7m 10s$91K$23K10x
ShortCoinbase International VVV-PERP-INTX32.2180.0144get 0.0018% / 1h7m 10s$238K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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
$30.24
Price spread: +0.074% → 0.000%
$7.36
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$20.6
Costs to cover
0.170%
Break-even
2.2 days
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 1 min ago. 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 Deribit no order-book sample
Sell Coinbase International live order book, 1 min ago25.32 bp30.3 bp −$3030.4 bp −$304doesn't fitdoesn't fit
Deribit: 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
Deribit VVV_USDC-PERPETUALlong0.0000%1h32.195long leg$91K$23K10x
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.191−0.010%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+1.942%$2K$1K5.5xas long as short
BloFin VVV-USDT+0.0083%4h32.207+0.038%$1.3M$1.8M25xas long as short
Lighter VVV+0.0096%1h32.233+0.120%$2.3M$5.5M5xas long as short
Lighter RH VVV+0.0096%1h32.197+0.007%$478K$1.6M5xas long as short
Phoenix VVV+0.0098%1h32.243+0.150%$56K$294K5xas long as short
Nado VVV-PERP+0.0100%1h32.179−0.049%$149K$783K3xas long as short
Aster VVVUSDT+0.0100%4h32.183−0.037%$265K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.181−0.041%$192K$191K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance VVVUSDT+0.0100%4h32.213+0.056%$33.7M$157.4M25xas long as short
Bybit VVVUSDT+0.0100%4h32.209+0.045%$39.6M$52.8M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.210+0.047%$4.7M$42.8M20xas long as short
Gate VVV_USDT+0.0100%4h32.189−0.018%$10.8M$7.8M25xas long as short
MEXC VVV_USDT+0.0100%4h32.209+0.044%$6.3M$7.1M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.181−0.043%$2.0M$2.9M20xas long as short
Bitget VVVUSDT+0.0100%4h32.182−0.040%$5.8M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.183−0.037%$5.5Mas long as short
Variational Omni VVV+0.0100%4h32.187−0.025%$2.1M$183Kas long as short
Polymarket Perps VVV-USD+0.0100%1h32.172−0.071%$145K$1.2M3xas long as short
Derive VVV-PERP+0.0100%1h32.199+0.013%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h32.199+0.013%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.171−0.073%$3K$1065xas long as short
Kalshi KXVVVPERP+0.0101%8h32.205+0.032%$108K$6.9M1.7xas long as short
Extended VVV-USD+0.0104%1h32.192−0.009%$323K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h32.187−0.024%$6K$13K3xas long as short
edgeX VVVUSDC+0.0119%4h32.198+0.010%$80K$332K10xas long as short
Coinbase International VVV-PERP-INTXshort+0.0144%1h32.218+0.074%$238K$1.3M25x
RISEx VVV/USDC+0.0175%1h32.165−0.091%$395K$606K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0185% / S +0.0168%1h32.186−0.027%$619K100xas long as short
Backpack VVV_USDC_PERP+0.0219%1h32.167−0.086%$121K$365K5xas long as short
Hyperliquid VVV+0.0234%1h32.219+0.075%$74.8M$55.8M3xas long as short
01 Exchange VVVUSD+0.0296%1h32.168−0.083%$11K$3K3xas long as short