Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.025%

Price spread now: Bitget against Extended−0.060%7-day average −0.031% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$820.822% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.066%−$7 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.060%, 7d avg −0.031%

Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.029% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.730	0.0104	pay 0.0013% / 1h	22m 11s	$300K	$1.9M	5x
Short	Bitget VVVUSDT	31.711	0.0100	get 0.0050% / 4h	2h 22m	$5.7M	$8.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$0.84
Price spread: −0.060% → −0.031%: −$2.94
Slippage, 4 orders: −$65.21
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$86
Costs to cover: 0.822%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Bitget: live order book, 1 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 Extended live order book, 1 min ago	1.46 bp	20.9 bp −$21	236.3 bp −$2,363	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	1.58 bp	15.3 bp −$15	43.9 bp −$439	doesn't fit	doesn't fit

VVV on 32 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
RISEx VVV/USDC	−0.0111%	1h	31.673	−0.179%	$389K	$633K	5x	as long as short
Gate VVV_USDT	−0.0042%	4h	31.716	−0.044%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0025%	1h	31.736	+0.019%	$136K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.699	−0.098%	$119K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.792	+0.195%	$48K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.730	−0.001%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.730	+0.001%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.435%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.695	−0.111%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.684	−0.145%	$468K	$1.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.693	−0.117%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.746	+0.052%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.778	+0.151%	$73.3M	$53.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.709	−0.066%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.706	−0.077%	$189K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.727	−0.010%	$33.7M	$149.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.705	−0.080%	$38.8M	$50.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.710	−0.063%	$4.7M	$39.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.732	+0.006%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.686	−0.139%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	31.711	−0.060%	$5.7M	$8.5M	20x
BingX VVV-USDT	+0.0100%	4h	31.715	−0.048%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.714	−0.050%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.710	−0.063%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.721	−0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.730	long leg	$300K	$1.9M	5x
01 Exchange VVVUSD	+0.0104%	1h	31.699	−0.098%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.715	−0.048%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.796	+0.207%	$79K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.716	−0.044%	$573K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.711	−0.061%	$232K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0282%	1h	31.649	−0.256%	$122K	$317K	5x	as long as short