Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against OKX+0.019%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$540.545% of the position

Long on OKX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days−0.055%−$5 · spread now +0.019%, 7d avg +0.009%

Together, before fees+0.006%+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.950	0.0100	pay 0.0050% / 4h	18m 43s	$4.6M	$42.1M	20x
Short	BingX VVV-USDT	31.956	0.0100	get 0.0050% / 4h	18m 43s	—	$5.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against OKX. 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 OKXbpFee BingXbpOrdersPrice spread, now +0.019%Rate

Funding earned: $0
Price spread: +0.019% → +0.009%: $0.98
Slippage, 4 orders: −$34.47
Fee OKX: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: −$53.49
Costs to cover: 0.545%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; BingX: 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 OKX live order book, 5 min ago	2.34 bp	17.4 bp −$17	63.4 bp −$634	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	0.16 bp	8.5 bp −$9	30.5 bp −$305	256.3 bp −$25.6K	564.5 bp −$282.3K

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
Kalshi KXVVVPERP	0.0000%	8h	32.002	+0.163%	$106K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.998	+0.150%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.007	+0.180%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0027%	1h	31.999	+0.153%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.723%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	32.022	+0.225%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.011	+0.192%	$394K	$604K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.961	+0.034%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.960	+0.031%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.023	+0.227%	$126K	$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	31.974	+0.074%	$74.0M	$55.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.960	+0.033%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.984	+0.105%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.968	+0.056%	$33.5M	$156.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.927	−0.072%	$39.2M	$52.0M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.950	long leg	$4.6M	$42.1M	20x
Gate VVV_USDT	+0.0100%	4h	31.964	+0.044%	$10.7M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.963	+0.041%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.985	+0.110%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.954	+0.013%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.956	+0.019%	—	$5.5M	—
Variational Omni VVV	+0.0100%	4h	31.987	+0.116%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.998	+0.149%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.011	+0.191%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.976	+0.082%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.952	+0.008%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.005	+0.173%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.032	+0.256%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.000	+0.156%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0130%	1h	32.005	+0.171%	$123K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0158%	4h	32.021	+0.222%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0119%	1h	32.001	+0.160%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.026%	$242K	$1.3M	25x	as long as short