Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%

Price spread now: Extended against BingX−0.098%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$640.644% of the position

Long on BingX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.006%+$1 on $10k

Price spread, last 7 days−0.003%$0 · spread now −0.098%, 7d avg −0.040%

Together, before fees+0.003%+ Points / potential airdropExtended: Active · farm board$0 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: Extended is 0.058% cheaper against BingX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	30.424	0.0100	pay 0.0050% / 4h	3h 28m	—	$5.0M	—
Short	Extended VVV-USD	30.394	0.0104	get 0.0013% / 1h	28m 58s	$294K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.098%Rate

Funding earned: $0.84
Price spread: −0.098% → −0.040%: −$5.77
Slippage, 4 orders: −$49.41
Fee BingX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$69.34
Costs to cover: 0.644%
Break-even: 584.8 days

Slippage from BingX: live order book, 6 min ago; Extended: live order book, 5 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 BingX live order book, 6 min ago	0.33 bp	11.0 bp −$11	35.7 bp −$357	322.7 bp −$32.3K	749.1 bp −$374.6K
Sell Extended live order book, 5 min ago	2.15 bp	20.5 bp −$21	211.1 bp −$2,111	doesn't fit	doesn't fit

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	30.390	−0.112%	$373K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0129%	1h	30.410	−0.046%	$111K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	−0.079%	$148K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.429	+0.016%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.875%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.409	−0.049%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.429	+0.017%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.441	+0.056%	$444K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.418	−0.021%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.421	−0.011%	$140K	$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	30.404	−0.066%	$68.8M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.393	−0.103%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.390	−0.111%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.397	−0.089%	$32.7M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.378	−0.152%	$37.9M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.390	−0.112%	$4.7M	$31.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.398	−0.085%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.437	+0.043%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.381	−0.141%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.384	−0.131%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.424	long leg	—	$5.0M	—
Variational Omni VVV	+0.0100%	4h	30.479	+0.180%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.424	0.000%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.442	+0.059%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.462	+0.124%	$76K	$335K	10x	as long as short
Extended VVV-USDshort	+0.0104%	1h	30.394	−0.098%	$294K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	30.409	−0.051%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0128%	4h	30.441	+0.056%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0129%	1h	30.417	−0.023%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0157%	8h	30.340	−0.276%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0222%	1h	30.432	+0.028%	$120K	$244K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0223%	1h	30.446	+0.071%	$85K	$23K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.429	+0.018%	$533K	—	100x	as long as short