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 0.000%

Price spread now: Bybit against OKX−0.052%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$630.635% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.064%−$6 · spread now −0.052%, 7d avg −0.052%

Together, before fees−0.127%−$13 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	30.707	0.0100	pay 0.0050% / 4h	2h 28m	$4.8M	$30.4M	20x
Short	Bybit VVVUSDT	30.691	0.0100	get 0.0050% / 4h	2h 28m	$38.0M	$41.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.052%: −$0.05
Slippage, 4 orders: −$42.49
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$63.54
Costs to cover: 0.635%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bybit: live order book, 5 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	1.79 bp	17.3 bp −$17	95.1 bp −$951	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.16 bp	14.8 bp −$15	48.1 bp −$481	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	−0.0329%	1h	30.706	−0.003%	$382K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.251%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.709	+0.007%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.881%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0063%	1h	30.723	+0.051%	$85K	$22K	10x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.732	+0.081%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USD	+0.0085%	1h	30.712	+0.016%	$118K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	30.709	+0.005%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.710	+0.010%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.698	−0.030%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	30.724	+0.056%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.721	+0.046%	$69.2M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.724	+0.054%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.721	+0.045%	$181K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.720	+0.042%	$33.1M	$121.2M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	30.691	−0.052%	$38.0M	$41.7M	20x
OKX VVV-USDT-SWAPlong	+0.0100%	4h	30.707	long leg	$4.8M	$30.4M	20x
Gate VVV_USDT	+0.0100%	4h	30.701	−0.020%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.727	+0.065%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.702	−0.016%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.698	−0.029%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.715	+0.026%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.708	+0.002%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.708	+0.005%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.733	+0.085%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.712	+0.016%	$294K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.727	+0.066%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	30.725	+0.059%	$1.3M	$1.5M	25x	as long as short
edgeX VVVUSDC	+0.0109%	4h	30.717	+0.033%	$76K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0199%	8h	30.740	+0.107%	$94K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.725	+0.059%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0388%	1h	30.732	+0.082%	$115K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0176%	1h	30.709	+0.005%	$536K	—	100x	as long as short