Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0332%/8h= −36.3% APRpaid last 24h −0.062%

Price spread now: BloFin against 01 Exchange−0.064%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 BloFin

What this pair did over the last

the charts below follow

Funding, last 4 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 BloFin is 0.064% cheaper against 01 Exchange than usual: you would sell low and buy high (−$6 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	31.487	0.0424	pay 0.0053% / 1h	40m 54s	$11K	$2K	3x
Short	BloFin VVV-USDT	31.467	0.0092	get 0.0046% / 4h	3h 40m	$1.3M	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$69.68
Price spread: −0.064% → 0.000%: −$6.35
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$95.04
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; BloFin: 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 BloFin live order book, 2 min ago	0.47 bp	15.9 bp −$16	33.0 bp −$330	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
RISEx VVV/USDC	−0.0349%	1h	31.489	+0.007%	$390K	$678K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0033%	1h	31.473	−0.044%	$88K	$20K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.538	+0.162%	$98K	$5.2M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.791	+0.967%	$192K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.459	−0.089%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.233%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDTshort	+0.0092%	4h	31.467	−0.064%	$1.3M	$1.4M	25x
Lighter VVV	+0.0096%	1h	31.497	+0.031%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.463	−0.076%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.520	+0.106%	$3K	$51	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	31.517	+0.094%	$188K	$975K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.511	+0.075%	$249K	$498K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.553	+0.211%	$186K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.501	+0.044%	$33.6M	$107.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.467	−0.064%	$38.4M	$38.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.478	−0.029%	$4.8M	$26.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.462	−0.079%	$11.8M	$4.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.487	0.000%	$7.0M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.489	+0.006%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.477	−0.032%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.491	+0.013%	—	$4.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.735	+0.788%	$2.0M	$371K	—	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.663	+0.560%	$79K	$331K	10x	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.488	+0.003%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.474	−0.043%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.489	+0.006%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.494	+0.024%	$294K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.521	+0.107%	$6K	—	3x	as long as short
Hyperliquid VVV	+0.0108%	1h	31.519	+0.102%	$70.2M	$43.6M	3x	as long as short
Phoenix VVV	+0.0229%	1h	31.608	+0.384%	$33K	$201K	5x	as long as short
01 Exchange VVVUSDlong	+0.0424%	1h	31.487	long leg	$11K	$2K	3x
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0217%	1h	31.581	+0.297%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0851%	1h	31.510	+0.072%	$160K	$258K	5x	as long as short