Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0094%/8h= −10.3% APRpaid last 24h −0.050%

Price spread now: gTrade (Gains Network) against Binance−0.575%52s7-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 gTrade (Gains Network)

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 −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.575% cheaper against Binance than usual: you would sell low and buy high (−$58 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	30.642	0.0100	pay 0.0050% / 4h	3h 21m	$32.9M	$126.0M	25x
Short	gTrade (Gains Network) VVV/USD	30.465	L +0.0004% / S −0.0006%	get 0.0001% / 1h	21m 31s	$21K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.575%Rate

Funding earned: −$19.83
Price spread: −0.575% → 0.000%: −$57.51
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$99.34
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 7 min ago; gTrade (Gains Network): 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, 7 min ago	0.16 bp	13.2 bp −$13	36.2 bp −$362	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0417%	1h	30.607	−0.114%	$375K	$641K	5x	as long as short
Polymarket Perps VVV-USD	−0.0129%	1h	30.624	−0.057%	$122K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.294	−1.135%	$145K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0006%	1h	30.465	−0.575%	$21K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.110%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.649	+0.024%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.573	−0.224%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.570	−0.233%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.620	−0.070%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.632	−0.029%	$141K	$867K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	30.663	+0.070%	$69.1M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.603	−0.127%	$243K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.573	−0.225%	$180K	$132K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	30.642	long leg	$32.9M	$126.0M	25x
Bybit VVVUSDT	+0.0100%	4h	30.640	−0.005%	$38.1M	$42.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.645	+0.011%	$4.8M	$31.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.609	−0.106%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.570	−0.233%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.521	−0.393%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.632	−0.031%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.649	+0.024%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.303	−1.104%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.463	−0.582%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.487	−0.504%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	30.491	−0.490%	$76K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.623	−0.060%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.465	−0.576%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0121%	8h	30.478	−0.534%	$102K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0129%	1h	30.352	−0.945%	$32K	$257K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0147%	1h	30.474	−0.547%	$85K	$23K	10x	as long as short
BloFin VVV-USDT	+0.0159%	4h	30.524	−0.384%	$1.3M	$1.5M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0250%	1h	30.512	−0.423%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0174%	1h	30.460	−0.592%	$533K	—	100x	as long as short