Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0247%/8h= −27.0% APRpaid last 24h −0.114%

Price spread now: Bybit against 01 Exchange−0.091%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 Bybit

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 −$7 a day on $10k at the current rate, and Bybit is 0.091% cheaper against 01 Exchange than usual: you would sell low and buy high (−$9 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	31.611	0.0032	pay 0.0004% / 1h	47m 23s	$11K	$3K	3x
Short	Bybit VVVUSDT	31.582	−0.0215	pay 0.0107% / 4h	2h 47m	$38.5M	$51.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$51.77
Price spread: −0.091% → 0.000%: −$9.08
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$78.85
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Bybit: 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 Bybit live order book, 2 min ago	1.11 bp	20.4 bp −$20	57.7 bp −$577	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
Bybit VVVUSDTshort	−0.0215%	4h	31.582	−0.091%	$38.5M	$51.8M	20x
Polymarket Perps VVV-USD	−0.0141%	1h	31.604	−0.022%	$145K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0116%	4h	31.610	−0.003%	$10.6M	$7.0M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.605	−0.018%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.684	+0.231%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.638	+0.085%	$52K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.646	+0.109%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.627	+0.051%	$20K	—	150x	as long as short
Lighter VVV	+0.0032%	1h	31.610	−0.002%	$2.1M	$5.6M	5x	as long as short
01 Exchange VVVUSDlong	+0.0032%	1h	31.611	long leg	$11K	$3K	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.825%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.174%	$1.3M	$1.8M	25x	as long as short
Lighter RH VVV	+0.0096%	1h	31.614	+0.009%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.607	−0.012%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.601	−0.033%	$124K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.630	+0.060%	$73.0M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.629	+0.057%	$256K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.659	+0.151%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.593	−0.058%	$33.4M	$153.5M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.574	−0.117%	$4.7M	$40.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.631	+0.063%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.626	+0.047%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.597	−0.044%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.635	+0.076%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.570	−0.129%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.654	+0.137%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.650	+0.123%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.604	−0.021%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.640	+0.093%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.669	+0.183%	$79K	$335K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.619	+0.026%	$572K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0202%	1h	31.674	+0.198%	$123K	$329K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.244%	$243K	$1.2M	25x	as long as short