Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.009%

Price spread now: OKX against Deribit+0.068%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.068% 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	31.925	0	get 0.0000% / 1h	51m 13s	$90K	$23K	10x
Short	OKX VVV-USDT-SWAP	31.947	0.0100	get 0.0050% / 4h	3h 51m	$4.7M	$41.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee DeribitbpFee OKXbpOrdersPrice spread, now +0.068%Rate

Funding earned: $21
Price spread: +0.068% → 0.000%: $6.8
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: $10.8
Costs to cover: 0.170%
Break-even: 3.4 days

Slippage unknown: Deribit: no order-book sample; OKX: live order book, 2 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell OKX live order book, 2 min ago	2.19 bp	19.0 bp −$19	65.0 bp −$650	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps VVV-USD	−0.0246%	1h	31.899	−0.082%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0040%	1h	31.905	−0.064%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.912	−0.043%	$392K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.937	+0.037%	$107K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.013%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.925	long leg	$90K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.938	+0.039%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.802%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.929	+0.011%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.921	−0.013%	$475K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate VVV_USDT	+0.0096%	4h	31.932	+0.021%	$10.7M	$7.3M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.919	−0.018%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.957	+0.099%	$74.1M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.969	+0.138%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.957	+0.101%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.947	+0.068%	$33.5M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.930	+0.015%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.947	+0.068%	$4.7M	$41.9M	20x
MEXC VVV_USDT	+0.0100%	4h	31.945	+0.062%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.948	+0.071%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.930	+0.015%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.956	+0.096%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.917	−0.027%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.936	+0.033%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.945	+0.062%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.948	+0.071%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.938	+0.039%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.994	+0.215%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.859	−0.209%	$79K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0132%	1h	31.963	+0.118%	$124K	$339K	5x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.946	+0.065%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.936	+0.034%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.953	+0.088%	$240K	$1.3M	25x	as long as short