Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against Bitget+0.026%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

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

costs, in and out, $10k−$750.750% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days−0.128%−$13 · spread now +0.026%, 7d avg −0.024%

Together, before fees−0.191%−$19 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: Bybit is 0.051% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	30.614	0.0100	pay 0.0050% / 4h	2h 55m	$5.7M	$7.2M	20x
Short	Bybit VVVUSDT	30.622	0.0100	get 0.0050% / 4h	2h 55m	$38.0M	$42.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: $0
Price spread: +0.026% → −0.024%: $5.06
Slippage, 4 orders: −$52.01
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$69.95
Costs to cover: 0.750%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 4 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 Bitget live order book, 3 min ago	3.75 bp	20.5 bp −$20	58.2 bp −$582	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	1.96 bp	19.8 bp −$20	45.8 bp −$458	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	−0.0329%	1h	30.610	−0.012%	$378K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.723	+0.357%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.642	+0.091%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.618	+0.013%	$21K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0022%	1h	30.622	+0.026%	$118K	$1.4M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.206%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.628	+0.046%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0081%	4h	30.675	+0.199%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.650	+0.119%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.659	+0.147%	$447K	$1.6M	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	30.622	+0.027%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.666	+0.168%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.659	+0.147%	$69.1M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.662	+0.156%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.656	+0.136%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.681	+0.220%	$33.0M	$124.2M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	30.622	+0.026%	$38.0M	$42.2M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	30.644	+0.098%	$4.8M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.629	+0.049%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.671	+0.186%	$6.3M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.674	+0.196%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	30.614	long leg	$5.7M	$7.2M	20x
BingX VVV-USDT	+0.0100%	4h	30.631	+0.056%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.690	+0.247%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.635	+0.068%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.652	+0.124%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0104%	4h	30.752	+0.452%	$76K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.628	+0.046%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.654	+0.131%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.686	+0.235%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0276%	8h	30.679	+0.212%	$95K	$5.6M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.624	+0.032%	$534K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0518%	1h	30.728	+0.374%	$119K	$240K	5x	as long as short