Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Bybit against Binance−0.037%7-day average −0.088% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$760.759% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days−0.097%−$10 · spread now −0.037%, 7d avg −0.088%

Together, before fees−0.218%−$22 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: Bybit is 0.052% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.088%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	32.202	0.0100	pay 0.0050% / 4h	50m 34s	$33.4M	$93.7M	25x
Short	Bybit VVVUSDT	32.190	0.0100	get 0.0050% / 4h	50m 34s	$38.0M	$37.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now −0.037%Rate

Funding earned: $0
Price spread: −0.037% → −0.088%: $5.15
Slippage, 4 orders: −$54.87
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$70.72
Costs to cover: 0.759%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; Bybit: live order book, 1 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 Binance live order book, 15 min ago	0.47 bp	12.3 bp −$12	42.3 bp −$423	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	1.25 bp	23.2 bp −$23	56.7 bp −$567	doesn't fit	doesn't fit

VVV on 33 exchanges

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	−0.0606%	1h	32.093	−0.338%	$85K	$19K	10x	as long as short
RISEx VVV/USDC	−0.0347%	1h	32.170	−0.097%	$365K	$745K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0112%	1h	32.361	+0.494%	$178K	$1.3M	25x	as long as short
Gate VVV_USDT	−0.0108%	4h	32.157	−0.139%	$13.0M	$4.9M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.197	−0.015%	$134K	$5.3M	1.6x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.136	−0.205%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.920%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	32.196	−0.018%	$12K	$2K	3x	as long as short
Polymarket Perps VVV-USD	+0.0063%	1h	32.118	−0.260%	$61K	$1.4M	3x	as long as short
BloFin VVV-USDT	+0.0081%	4h	32.113	−0.276%	$1.3M	$1.4M	25x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.145	−0.175%	$1.9M	$3.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.155	−0.145%	$490K	$1.5M	5x	as long as short
Phoenix VVV	+0.0099%	1h	32.211	+0.029%	$33K	$182K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.136	−0.206%	$159K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.205	+0.010%	$75.3M	$42.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.177	−0.076%	$256K	$474K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.179	−0.072%	$198K	$115K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.202	long leg	$33.4M	$93.7M	25x
Bybit VVVUSDTshort	+0.0100%	4h	32.190	−0.037%	$38.0M	$37.1M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.199	−0.009%	$4.7M	$23.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.159	−0.133%	$7.8M	$4.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.127	−0.232%	$1.7M	$2.4M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.163	−0.120%	$5.9M	$5.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.169	−0.102%	—	$3.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.139	−0.195%	$2.0M	$345K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.121	−0.250%	$2K	$4K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.147	−0.170%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.164	−0.116%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.161	−0.127%	$301K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.126	−0.234%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	32.230	+0.087%	$80K	$319K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0228%	1h	32.177	−0.076%	$177K	$255K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0450% / S −0.0219%	1h	32.120	−0.253%	$517K	—	100x	as long as short