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+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against Derive+0.086%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 4 days (all we have)no history yet
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 +$1 a day on $10k at the current rate, and Coinbase International is 0.086% dearer against Derive than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDerive VVV-PERP32.2910.0100pay 0.0013% / 1h13m 36s$1K$1K5x
ShortCoinbase International VVV-PERP-INTX32.3190.0144get 0.0018% / 1h13m 36s$239K$1.3M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$9.24
Price spread: +0.086% → 0.000%
$8.64
Slippage, 4 orders
no order book: not counted
Fee Derive: 3 bp × 2 orders
−$6
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$1.88
Costs to cover
0.160%
Break-even
5.6 days
Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 5 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 Derive no order-book sample
Sell Coinbase International live order book, 5 min ago21.94 bp26.9 bp −$2733.6 bp −$336doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VVV_USDC-PERPETUAL0.0000%1h32.285−0.019%$91K$23K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.295+0.011%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+1.638%$2K$1K5.5xas long as short
Lighter VVV+0.0096%1h32.243−0.147%$2.3M$5.5M5xas long as short
Lighter RH VVV+0.0096%1h32.238−0.164%$479K$1.6M5xas long as short
Phoenix VVV+0.0098%1h32.131−0.496%$56K$294K5xas long as short
Nado VVV-PERP+0.0100%1h32.297+0.020%$149K$783K3xas long as short
Aster VVVUSDT+0.0100%4h32.271−0.061%$265K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.269−0.068%$185K$183K10xas long as short
Binance VVVUSDT+0.0100%4h32.220−0.220%$33.7M$157.5M25xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit VVVUSDT+0.0100%4h32.203−0.273%$39.6M$52.8M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.234−0.177%$4.7M$42.9M20xas long as short
Gate VVV_USDT+0.0100%4h32.231−0.186%$10.9M$7.8M25xas long as short
MEXC VVV_USDT+0.0100%4h32.218−0.226%$6.3M$7.1M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.280−0.034%$2.0M$2.9M20xas long as short
Bitget VVVUSDT+0.0100%4h32.200−0.282%$5.9M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.252−0.121%$5.5Mas long as short
Variational Omni VVV+0.0100%4h32.172−0.367%$2.1M$183Kas long as short
Polymarket Perps VVV-USD+0.0100%1h32.288−0.009%$139K$1.2M3xas long as short
Derive VVV-PERPlong+0.0100%1h32.291long leg$1K$1K5x
Phemex VVVUSDT+0.0100%4h32.276−0.046%$2.1M$2.1M50xas long as short
Kalshi KXVVVPERP+0.0100%8h32.306+0.046%$109K$6.9M1.7xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.254−0.113%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h32.203−0.271%$325K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h32.283−0.024%$6K$13K3xas long as short
BloFin VVV-USDT+0.0112%4h32.300+0.028%$1.3M$1.8M25xas long as short
edgeX VVVUSDC+0.0112%4h32.191−0.311%$80K$333K10xas long as short
Coinbase International VVV-PERP-INTXshort+0.0144%1h32.319+0.086%$239K$1.3M25x
RISEx VVV/USDC+0.0175%1h32.207−0.260%$395K$605K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0186% / S +0.0168%1h32.295+0.011%$621K100xas long as short
Backpack VVV_USDC_PERP+0.0229%1h32.299+0.025%$122K$373K5xas long as short
Hyperliquid VVV+0.0296%1h32.264−0.084%$74.9M$56.1M3xas long as short
01 Exchange VVVUSD+0.0328%1h32.208−0.257%$12K$3K3xas long as short