Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hpaid last 24h −0.031%

Price spread now: Derive against Binance−0.104%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 Derive

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.104% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	32.070	0.0100	pay 0.0050% / 4h	6m 17s	$34.0M	$150.9M	25x
Short	Derive VVV-PERP	32.036	0.0100	get 0.0013% / 1h	6m 17s	$428	$343	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.104%Rate

Funding earned: $0
Price spread: −0.104% → 0.000%: −$10.38
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$26.38
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 11 min ago; Derive: 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, 11 min ago	0.47 bp	12.7 bp −$13	38.2 bp −$382	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Kalshi KXVVVPERP	0.0000%	8h	32.158	+0.275%	$129K	$6.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.048	−0.066%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.045	−0.076%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.340%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0094%	4h	32.124	+0.169%	$1.4M	$1.7M	25x	as long as short
Lighter RH VVV	+0.0096%	1h	32.104	+0.107%	$484K	$1.5M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.082	+0.040%	$150K	$775K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.100	+0.095%	$284K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.094	+0.076%	$184K	$167K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.070	long leg	$34.0M	$150.9M	25x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.044	−0.080%	$39.8M	$50.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.049	−0.064%	$4.8M	$40.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.042	−0.086%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.063	−0.021%	$17.0M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.092	+0.070%	$2.0M	$2.5M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.044	−0.080%	$5.9M	$8.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.040	−0.092%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.145	+0.236%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.053	−0.052%	$139K	$962K	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.036	−0.104%	$428	$343	5x
Phemex VVVUSDT	+0.0100%	4h	32.048	−0.068%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.089	+0.060%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.186	+0.363%	$80K	$329K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.060	−0.031%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.086	+0.050%	$6K	$13K	3x	as long as short
Lighter VVV	+0.0136%	1h	32.111	+0.129%	$2.2M	$5.4M	5x	as long as short
RISEx VVV/USDC	+0.0206%	1h	32.091	+0.068%	$392K	$583K	5x	as long as short
Phoenix VVV	+0.0225%	1h	32.182	+0.350%	$56K	$286K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.208	+0.432%	$199K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0309%	1h	32.145	+0.237%	$145K	$366K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0446% / S −0.0192%	1h	32.036	−0.105%	$546K	—	100x	as long as short
01 Exchange VVVUSD	+0.0664%	1h	32.138	+0.213%	$11K	$3K	3x	as long as short
Hyperliquid VVV	+0.0742%	1h	32.095	+0.079%	$74.9M	$51.8M	3x	as long as short