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: Variational Omni against Extended+0.092%7-day average +0.030% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.067%−$7 on $10k

Price spread, last 4 days (all we have)+0.558%+$56 · spread now +0.092%, 7d avg +0.030%

Together, before fees+0.491%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board+$49 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: Variational Omni is 0.062% dearer against Extended than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.612	0.0104	pay 0.0013% / 1h	43m 35s	$299K	$2.0M	5x
Short	Variational Omni VVV	31.641	0.0100	get 0.0050% / 4h	2h 43m	$2.1M	$190K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.092%Rate

Funding earned: −$0.84
Price spread: +0.092% → +0.030%: $6.17
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.33
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 5 min ago; Variational Omni: RFQ quote, 1 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 Extended live order book, 5 min ago	2.04 bp	20.2 bp −$20	216.5 bp −$2,165	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	3.98 bp	doesn't fit	57.0 bp −$570	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
Bybit VVVUSDT	−0.0222%	4h	31.594	−0.056%	$38.7M	$51.8M	20x	as long as short
Polymarket Perps VVV-USD	−0.0127%	1h	31.604	−0.024%	$145K	$1.2M	3x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.625	+0.043%	$388K	$618K	5x	as long as short
Gate VVV_USDT	−0.0094%	4h	31.605	−0.021%	$10.6M	$7.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.618	+0.020%	$118K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.638	+0.084%	$52K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.639	+0.085%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.637	+0.080%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.823%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.172%	$1.3M	$1.8M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit VVV_USDC-PERPETUAL	+0.0091%	1h	31.674	+0.197%	$88K	$24K	10x	as long as short
Lighter VVV	+0.0096%	1h	31.618	+0.019%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.620	+0.027%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.641	+0.094%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.609	−0.007%	$124K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.663	+0.163%	$73.0M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.639	+0.086%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.658	+0.146%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.625	+0.042%	$33.5M	$153.7M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.626	+0.046%	$4.7M	$40.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.642	+0.096%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.616	+0.014%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.625	+0.042%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.626	+0.046%	—	$5.4M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.641	+0.092%	$2.1M	$190K	—
Derive VVV-PERP	+0.0100%	1h	31.670	+0.184%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.665	+0.169%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.612	long leg	$299K	$2.0M	5x
Aevo VVV-PERP	+0.0104%	1h	31.635	+0.075%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.620	+0.027%	$79K	$336K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0163%	1h	31.707	+0.301%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.635	+0.073%	$572K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.547	−0.206%	$241K	$1.2M	25x	as long as short