Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0006%/8h= −0.7% APRpaid last 24h +0.032%

Price spread now: BloFin against Derive−0.013%65s7-day average — · you buy dearer than you sell

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

Long on Derive Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	31.624	0.0100	pay 0.0013% / 1h	1m 44s	$3K	$3K	5x
Short	BloFin VVV-USDT	31.620	0.0094	get 0.0047% / 4h	1h 01m	$1.4M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Derive. 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 DerivebpFee BloFinbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$1.3
Price spread: −0.013% → 0.000%: −$1.34
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.65
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; BloFin: live order book, 6 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 Derive no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	0.16 bp	12.6 bp −$13	doesn't fit	doesn't fit	doesn't fit

Derive: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.568	−0.177%	$188K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.597	−0.087%	$387K	$653K	5x	as long as short
01 Exchange VVVUSD	−0.0016%	1h	31.613	−0.036%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.628	+0.012%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.604	−0.064%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.622	−0.007%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.781%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDTshort	+0.0094%	4h	31.620	−0.013%	$1.4M	$1.5M	25x
Lighter VVV	+0.0096%	1h	31.609	−0.048%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.606	−0.058%	$465K	$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
Paradex VVV-USD-PERP	+0.0100%	8h	31.615	−0.029%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.623	−0.002%	$143K	$924K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.644	+0.062%	$70.9M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.617	−0.024%	$251K	$947K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.629	+0.015%	$187K	$126K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.617	−0.023%	$34.0M	$117.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.598	−0.083%	$38.6M	$40.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.600	−0.077%	$4.9M	$29.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.605	−0.061%	$11.5M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.629	+0.015%	$7.0M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.638	+0.043%	$1.7M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.593	−0.099%	$5.8M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.616	−0.026%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.664	+0.126%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.621	−0.010%	$122K	$1.4M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.624	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.608	−0.051%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.621	−0.010%	$302K	$1.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.615	−0.030%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.654	+0.095%	$79K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.698	+0.233%	$33K	$232K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0406%	1h	31.638	+0.044%	$155K	$269K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0207%	1h	31.614	−0.034%	$508K	—	100x	as long as short