Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.025%

Price spread now: Gate against Extended+0.064%7-day average −0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$112as in the Funding arb table

Net, price: spread back to 7d avg − costs−$86as in the Price arb table

costs, in and out, $10k−$950.954% of the position

Long on Extended Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.167%−$17 on $10k

Price spread, last 7 days−0.043%−$4 · spread now +0.064%, 7d avg −0.032%

Together, before fees−0.209%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.096% dearer against Extended than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.032%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.146	0.0104	pay 0.0013% / 1h	13m 03s	$295K	$1.9M	5x
Short	Gate VVV_USDT	31.166	0.0010	get 0.0005% / 4h	1h 13m	$10.4M	$6.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.064%Rate

Funding earned: −$19.74
Price spread: +0.064% → −0.032%: $9.59
Slippage, 4 orders: −$75.41
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$105.56
Costs to cover: 0.954%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Gate: live order book, 6 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, 5 min ago	1.45 bp	19.3 bp −$19	212.2 bp −$2,122	doesn't fit	doesn't fit
Sell Gate live order book, 6 min ago	5.68 bp	25.4 bp −$25	129.2 bp −$1,292	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0152%	1h	31.196	+0.161%	$383K	$653K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.175	+0.094%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.201	+0.176%	$23K	—	150x	as long as short
Gate VVV_USDTshort	+0.0010%	4h	31.166	+0.064%	$10.4M	$6.3M	25x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.374%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0088%	1h	31.201	+0.176%	$131K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.183	+0.119%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.162	+0.051%	$461K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.177	+0.101%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.215	+0.220%	$145K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.176	+0.096%	$71.6M	$51.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.196	+0.162%	$251K	$1.3M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.205	+0.191%	$187K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.172	+0.083%	$33.1M	$138.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.142	−0.013%	$38.3M	$45.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.141	−0.016%	$4.8M	$36.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.178	+0.103%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.196	+0.160%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.133	−0.042%	$5.7M	$7.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.166	+0.064%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.743	+1.918%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.173	+0.086%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.203	+0.183%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.146	long leg	$295K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.184	+0.123%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.737	+1.897%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0136%	4h	31.193	+0.151%	$1.2M	$1.7M	25x	as long as short
Phoenix VVV	+0.0153%	1h	31.247	+0.324%	$37K	$264K	5x	as long as short
01 Exchange VVVUSD	+0.0160%	1h	31.206	+0.192%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.636%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0173%	8h	31.208	+0.199%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.186	+0.127%	$562K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0338%	1h	31.193	+0.151%	$123K	$286K	5x	as long as short