Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.009%

Price spread now: Deribit against Bitget−0.026%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.026% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.038	0.0100	pay 0.0050% / 4h	1h 31m	$5.7M	$8.2M	20x
Short	Deribit VVV_USDC-PERPETUAL	31.030	0	get 0.0000% / 1h	31m 09s	$86K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$21
Price spread: −0.026% → 0.000%: −$2.64
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$42.64
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; Deribit: 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 Bitget live order book, 2 min ago	4.51 bp	19.0 bp −$19	44.4 bp −$444	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 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	−0.0152%	1h	31.009	−0.092%	$381K	$641K	5x	as long as short
Gate VVV_USDT	−0.0098%	4h	31.007	−0.100%	$10.4M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	31.030	−0.026%	$86K	$24K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.044	+0.019%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0020%	1h	31.034	−0.013%	$134K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.039	+0.003%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.741%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.030	−0.026%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.022	−0.052%	$458K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.027	−0.035%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.047	+0.031%	$132K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.060	+0.071%	$71.2M	$51.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.022	−0.052%	$250K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.047	+0.029%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.033	−0.018%	$33.0M	$143.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.019	−0.061%	$38.2M	$47.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.034	−0.013%	$4.7M	$37.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.044	+0.019%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.047	+0.029%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.038	long leg	$5.7M	$8.2M	20x
BingX VVV-USDT	+0.0100%	4h	31.045	+0.023%	—	$5.3M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.176	+0.446%	$2.0M	$245K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.035	−0.011%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.029	−0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.036	−0.008%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.024	−0.045%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	+0.046%	$77K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0129%	4h	31.038	0.000%	$1.3M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0144%	8h	31.031	−0.023%	$106K	$6.1M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.051	+0.042%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.105	+0.217%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.031	−0.022%	$559K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0206%	1h	31.034	−0.014%	$113K	$303K	5x	as long as short