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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: OKX against BingX−0.006%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$600.604% of the position

Long on BingX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.006%, 7d avg −0.011%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.220	0.0100	pay 0.0050% / 4h	3h 27m	—	$4.4M	—
Short	OKX VVV-USDT-SWAP	31.218	0.0100	get 0.0050% / 4h	3h 27m	$4.8M	$25.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.006%Rate

Funding earned: $0
Price spread: −0.006% → −0.011%: $0.43
Slippage, 4 orders: −$40.43
Fee BingX: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$60
Costs to cover: 0.604%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; OKX: 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, 7 min ago	0.80 bp	13.4 bp −$13	44.8 bp −$448	346.7 bp −$34.7K	755.6 bp −$377.8K
Sell OKX live order book, 1 min ago	0.64 bp	21.0 bp −$21	75.3 bp −$753	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	−0.0349%	1h	31.141	−0.254%	$381K	$689K	5x	as long as short
Gate VVV_USDT	−0.0148%	4h	31.186	−0.109%	$11.8M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.218	−0.006%	$92K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.209	−0.034%	$87K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	+0.367%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.215	−0.016%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.125%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0084%	4h	31.245	+0.080%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.232	+0.037%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.229	+0.029%	$460K	$1.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.211	−0.027%	$3K	$29	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.209	−0.037%	$157K	$992K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.237	+0.054%	$69.3M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.235	+0.049%	$246K	$497K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.254	+0.109%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.227	+0.022%	$33.2M	$106.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.207	−0.042%	$38.0M	$38.7M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.218	−0.006%	$4.8M	$25.5M	20x
MEXC VVV_USDT	+0.0100%	4h	31.230	+0.032%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.213	−0.022%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.217	−0.010%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.220	long leg	—	$4.4M	—
Variational Omni VVV	+0.0100%	4h	31.210	−0.031%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.214	−0.019%	$129K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.083	−0.439%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.211	−0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.216	−0.014%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.212	−0.024%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.211	−0.030%	$78K	$331K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.113	−0.343%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	31.192	−0.090%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.199	−0.068%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0745%	1h	31.253	+0.107%	$167K	$261K	5x	as long as short