Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: Deribit against Binance−0.052%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.159%−$16 on $10k

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 −$3 a day on $10k at the current rate, and Deribit is 0.052% cheaper against Binance than usual: you would sell low and buy high (−$5 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	Binance VVVUSDT	31.524	0.0100	pay 0.0050% / 4h	2h 18m	$33.3M	$99.3M	25x
Short	Deribit VVV_USDC-PERPETUAL	31.508	0	get 0.0000% / 1h	18m 17s	$87K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$21
Price spread: −0.052% → 0.000%: −$5.23
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$43.23
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; Deribit: no order-book sample. 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 Binance live order book, 3 min ago	0.16 bp	14.1 bp −$14	47.6 bp −$476	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 32 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
RISEx VVV/USDC	−0.0166%	1h	31.505	−0.059%	$386K	$701K	5x	as long as short
Gate VVV_USDT	−0.0066%	4h	31.490	−0.108%	$12.2M	$4.6M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.518	−0.019%	$132K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	31.508	−0.052%	$87K	$19K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.496	−0.089%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.111%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0040%	1h	31.486	−0.120%	$192K	$1.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.530	+0.018%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.528	+0.013%	$488K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0099%	4h	31.503	−0.067%	$1.3M	$1.4M	25x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.507	−0.054%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.519	−0.016%	$188K	$973K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.515	−0.030%	$247K	$476K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.521	−0.010%	$186K	$116K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.524	long leg	$33.3M	$99.3M	25x
Bybit VVVUSDT	+0.0100%	4h	31.505	−0.060%	$38.3M	$37.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.524	0.000%	$4.7M	$23.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.519	−0.016%	$7.4M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.499	−0.079%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.503	−0.067%	$5.7M	$5.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.513	−0.035%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.432	−0.292%	$2.0M	$335K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.529	+0.016%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.522	−0.006%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.520	−0.013%	$293K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.525	+0.002%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.488	−0.115%	$78K	$323K	10x	as long as short
Phoenix VVV	+0.0279%	1h	31.507	−0.054%	$33K	$188K	5x	as long as short
01 Exchange VVVUSD	+0.0320%	1h	31.540	+0.051%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.491	−0.106%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0558%	1h	31.507	−0.054%	$167K	$251K	5x	as long as short
Hyperliquid VVV	+0.0621%	1h	31.566	+0.133%	$70.3M	$42.4M	3x	as long as short