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% APRpaid last 24h −0.011%

Price spread now: Derive against BingX−0.013%7-day average — · you buy dearer than you sell

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

Long on BingX 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	32.463	0.0100	pay 0.0050% / 4h	10m 08s	—	$3.8M	—
Short	Derive VVV-PERP	32.459	0.0100	get 0.0013% / 1h	10m 08s	$2K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against BingX. 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 BingXbpFee DerivebpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → 0.000%: −$1.32
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$17.32
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 3 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 BingX live order book, 3 min ago	0.92 bp	14.1 bp −$14	42.1 bp −$421	313.0 bp −$31.3K	615.5 bp −$307.8K
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 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	−0.0347%	1h	32.446	−0.051%	$368K	$747K	5x	as long as short
Gate VVV_USDT	−0.0156%	4h	32.438	−0.077%	$13.3M	$5.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	−0.0112%	1h	32.311	−0.469%	$167K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0089%	1h	32.453	−0.031%	$86K	$19K	10x	as long as short
01 Exchange VVVUSD	−0.0032%	1h	32.468	+0.015%	$11K	$1K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.485	+0.068%	$136K	$5.3M	1.6x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.463	0.000%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.100%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0043%	1h	32.458	−0.015%	$51K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.458	−0.014%	$2.0M	$3.8M	5x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.463	0.000%	$491K	$1.5M	5x	as long as short
Phoenix VVV	+0.0099%	1h	32.480	+0.052%	$34K	$182K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.463	+0.002%	$169K	$880K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.513	+0.154%	$76.4M	$42.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.480	+0.054%	$259K	$470K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.488	+0.077%	$199K	$114K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.496	+0.101%	$33.6M	$92.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.528	+0.200%	$38.2M	$37.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.506	+0.132%	$4.7M	$23.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.467	+0.012%	$8.0M	$4.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.452	−0.034%	$1.7M	$2.4M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.457	−0.018%	$5.9M	$5.5M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	32.463	long leg	—	$3.8M	—
Variational Omni VVV	+0.0100%	4h	32.430	−0.103%	$2.0M	$350K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.459	−0.013%	$2K	$4K	5x
Phemex VVVUSDT	+0.0100%	4h	32.462	−0.003%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.465	+0.005%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.456	−0.022%	$306K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.470	+0.020%	$7K	—	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	32.475	+0.038%	$81K	$318K	10x	as long as short
BloFin VVV-USDT	+0.0137%	4h	32.468	+0.015%	$1.3M	$1.4M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0254%	1h	32.499	+0.110%	$178K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0452% / S −0.0219%	1h	32.459	−0.011%	$522K	—	100x	as long as short