Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.048%

Price spread now: Gate against BingX−0.038%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$76as in the Price arb table

costs, in and out, $10k−$790.790% of the position

Long on BingX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.161%−$16 on $10k

Price spread, last 7 days−0.040%−$4 · spread now −0.038%, 7d avg −0.073%

Together, before fees−0.202%−$20 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: Gate is 0.035% dearer against BingX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.940	0.0100	pay 0.0050% / 4h	3h 57m	—	$5.5M	—
Short	Gate VVV_USDT	31.928	0.0100	get 0.0050% / 4h	3h 57m	$10.7M	$7.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.038%Rate

Funding earned: $0
Price spread: −0.038% → −0.073%: $3.53
Slippage, 4 orders: −$54.05
Fee BingX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$75.52
Costs to cover: 0.790%
Break-even: never at this rate

Slippage from BingX: live order book, 12 min ago; Gate: live order book, 1 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, 12 min ago	0.16 bp	9.5 bp −$9	26.8 bp −$268	246.2 bp −$24.6K	707.1 bp −$353.6K
Sell Gate live order book, 1 min ago	6.42 bp	30.1 bp −$30	127.6 bp −$1,276	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
Polymarket Perps VVV-USD	−0.0199%	1h	31.914	−0.081%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0024%	1h	31.938	−0.006%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.933	−0.021%	$393K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.948	+0.025%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.951	+0.034%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.922	−0.057%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.755%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.927	−0.040%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.920	−0.063%	$475K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.942	+0.008%	$126K	$850K	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	31.973	+0.103%	$74.2M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.965	+0.077%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.939	−0.004%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.928	−0.038%	$33.5M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.915	−0.079%	$39.2M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.916	−0.075%	$4.7M	$41.9M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.928	−0.038%	$10.7M	$7.3M	25x
MEXC VVV_USDT	+0.0100%	4h	31.939	−0.003%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.946	+0.019%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.931	−0.028%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.940	long leg	—	$5.5M	—
Backpack VVV_USDC_PERP	+0.0100%	1h	31.955	+0.047%	$124K	$345K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.952	+0.038%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.915	−0.079%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.934	−0.019%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.926	−0.042%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.924	−0.051%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.952	+0.037%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.960	+0.063%	$79K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.987	+0.147%	$56K	$295K	5x	as long as short
BloFin VVV-USDT	+0.0129%	4h	32.006	+0.207%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.937	−0.008%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.278	+1.057%	$242K	$1.3M	25x	as long as short