Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Variational Omni against Pacifica−0.113%7-day average −0.003% · you buy dearer than you sell

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

Long on Pacifica Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.886%+$89 · spread now −0.113%, 7d avg −0.003%

Together, before fees+0.881%+ Points / potential airdropPacifica: Active · Variational Omni: Active · farm board+$88 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 0.110% cheaper against Pacifica than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	31.959	0.0100	pay 0.0013% / 1h	6m 59s	$191K	$183K	10x
Short	Variational Omni VVV	31.923	0.0100	get 0.0050% / 4h	3h 06m	$2.1M	$190K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Pacifica. 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 PacificabpFee Variational OmnibpOrdersPrice spread, now −0.113%Rate

Funding earned: $0
Price spread: −0.113% → −0.003%: −$11.01
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$19.01
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 1 min ago; Variational Omni: RFQ quote, 2 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 Pacifica live order book, 1 min ago	0.16 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.87 bp	doesn't fit	47.2 bp −$472	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
Polymarket Perps VVV-USD	−0.0232%	1h	31.915	−0.139%	$159K	$1.2M	3x	as long as short
Bybit VVVUSDT	−0.0202%	4h	31.900	−0.187%	$38.9M	$51.6M	20x	as long as short
Gate VVV_USDT	−0.0128%	4h	31.893	−0.208%	$10.7M	$7.4M	25x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.938	−0.068%	$393K	$600K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.938	−0.067%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.951	−0.026%	$114K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.944	−0.048%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.936	−0.071%	$89K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.948	−0.036%	$797	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.693%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.917	−0.132%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.909	−0.157%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.945	−0.043%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.955	−0.014%	$74.2M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.937	−0.071%	$260K	$1.9M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	31.959	long leg	$191K	$183K	10x
Binance VVVUSDT	+0.0100%	4h	31.924	−0.112%	$33.5M	$154.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.911	−0.151%	$4.7M	$41.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.928	−0.098%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.943	−0.051%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.908	−0.161%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.919	−0.126%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.957	−0.007%	$123K	$335K	5x	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.923	−0.113%	$2.1M	$190K	—
Derive VVV-PERP	+0.0100%	1h	31.938	−0.067%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.934	−0.079%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.944	−0.046%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.906	−0.168%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.935	−0.075%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.896	−0.199%	$79K	$334K	10x	as long as short
BloFin VVV-USDT	+0.0122%	4h	31.935	−0.076%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0121%	1h	31.941	−0.057%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.927	−0.101%	$245K	$1.3M	25x	as long as short