Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0332%/8h= −36.4% APRpaid last 24h −0.120%

Price spread now: Bitget against 01 Exchange−0.168%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.168% cheaper against 01 Exchange than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	32.058	0.0432	pay 0.0054% / 1h	25m 59s	$11K	$3K	3x
Short	Bitget VVVUSDT	32.004	0.0100	get 0.0050% / 4h	1h 25m	$5.8M	$8.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against 01 Exchange. 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 01 ExchangebpFee BitgetbpOrdersPrice spread, now −0.168%Rate

Funding earned: −$69.72
Price spread: −0.168% → 0.000%: −$16.84
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$105.56
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Bitget: live order book, 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	4.65 bp	15.9 bp −$16	53.8 bp −$538	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.056	−0.008%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.077	+0.058%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.377%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.023	−0.110%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.022	−0.112%	$476K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.269	+0.658%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.090	+0.101%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.039	−0.060%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.119	+0.191%	$184K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.021	−0.115%	$33.5M	$157.3M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.010	−0.149%	$39.4M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.006	−0.162%	$4.7M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.014	−0.137%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.038	−0.062%	$6.2M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.072	+0.044%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.004	−0.168%	$5.8M	$8.9M	20x
BingX VVV-USDT	+0.0100%	4h	32.026	−0.100%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.330	+0.850%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.055	−0.009%	$133K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.064	+0.018%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.099	+0.128%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.088	+0.092%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.289	+0.721%	$80K	$331K	10x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	32.099	+0.128%	$103K	$6.9M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.004	−0.169%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.084	+0.082%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0139%	4h	32.107	+0.153%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.175	+0.366%	$193K	$1.2M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.066	+0.026%	$393K	$600K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0188% / S +0.0166%	1h	32.066	+0.024%	$617K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0256%	1h	32.027	−0.096%	$121K	$377K	5x	as long as short
01 Exchange VVVUSDlong	+0.0432%	1h	32.058	long leg	$11K	$3K	3x
Hyperliquid VVV	+0.0477%	1h	32.035	−0.072%	$74.4M	$56.1M	3x	as long as short