Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: BingX against Gate+0.030%7-day average +0.072% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.164%+$16 on $10k

Price spread, last 7 days+0.039%+$4 · spread now +0.030%, 7d avg +0.072%

Together, before fees+0.204%+$20 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: BingX is 0.042% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.072%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	30.408	0.0100	pay 0.0050% / 4h	3h 28m	$10.3M	$5.8M	25x
Short	BingX VVV-USDT	30.417	0.0100	get 0.0050% / 4h	3h 28m	—	$5.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now +0.030%Rate

Funding earned: $0
Price spread: +0.030% → +0.072%: −$4.23
Slippage, 4 orders: −$52.73
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$81.96
Costs to cover: 0.777%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; BingX: live order book, 7 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 Gate live order book, 5 min ago	6.73 bp	24.3 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	0.33 bp	13.1 bp −$13	27.5 bp −$275	195.6 bp −$19.6K	593.8 bp −$296.9K

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	−0.0417%	1h	30.390	−0.059%	$373K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0129%	1h	30.410	+0.007%	$111K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	−0.026%	$148K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.429	+0.069%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.932%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.409	+0.003%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.401	−0.022%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.416	+0.026%	$444K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.404	−0.014%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.421	+0.042%	$140K	$867K	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	30.423	+0.049%	$68.8M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.395	−0.042%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.419	+0.036%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.409	+0.003%	$32.7M	$126.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.392	−0.053%	$38.0M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.413	+0.016%	$4.7M	$31.4M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	30.408	long leg	$10.3M	$5.8M	25x
MEXC VVV_USDT	+0.0100%	4h	30.413	+0.016%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.382	−0.086%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.400	−0.026%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	30.417	+0.030%	—	$5.0M	—
Variational Omni VVV	+0.0100%	4h	30.479	+0.232%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.424	+0.052%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.442	+0.112%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.462	+0.176%	$76K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.403	−0.018%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.409	+0.002%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0128%	4h	30.441	+0.109%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0129%	1h	30.417	+0.030%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0157%	8h	30.340	−0.224%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0222%	1h	30.432	+0.080%	$120K	$244K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0223%	1h	30.446	+0.124%	$85K	$23K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.429	+0.070%	$533K	—	100x	as long as short