Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Bitget−0.101%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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 gTrade (Gains Network) is 0.101% cheaper against Bitget than usual: you would sell low and buy high (−$10 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	31.530	0.0100	pay 0.0050% / 4h	20m 42s	$5.7M	$6.6M	20x
Short	gTrade (Gains Network) VVV/USD	31.498	L +0.0004% / S −0.0004%	get 0.0001% / 1h	20m 42s	$19K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.101%Rate

Funding earned: −$20.09
Price spread: −0.101% → 0.000%: −$10.12
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$54.21
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; gTrade (Gains Network): 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, 3 min ago	3.33 bp	20.5 bp −$20	54.7 bp −$547	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0337%	1h	31.445	−0.270%	$386K	$664K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.573	+0.137%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.500	−0.095%	$96K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.506	−0.075%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	31.498	−0.101%	$19K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.091%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0044%	4h	31.521	−0.029%	$11.7M	$5.2M	25x	as long as short
BloFin VVV-USDT	+0.0065%	4h	31.546	+0.051%	$1.4M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.529	−0.004%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.534	+0.013%	$464K	$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
Polymarket Perps VVV-USD	+0.0100%	1h	31.472	−0.184%	$122K	$1.4M	3x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.550	+0.064%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.471	−0.189%	$160K	$950K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.583	+0.168%	$70.6M	$44.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.538	+0.026%	$250K	$632K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.556	+0.081%	$186K	$124K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.552	+0.070%	$33.7M	$113.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.520	−0.032%	$38.3M	$39.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.524	−0.019%	$4.8M	$28.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.551	+0.067%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.521	−0.029%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.530	long leg	$5.7M	$6.6M	20x
BingX VVV-USDT	+0.0100%	4h	31.543	+0.041%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.486	−0.140%	$2.0M	$356K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.467	−0.201%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.532	+0.006%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.543	+0.042%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.504	−0.083%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.529	−0.002%	$78K	$330K	10x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	31.479	−0.162%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.507	−0.073%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0364%	1h	31.564	+0.109%	$160K	$274K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0212%	1h	31.490	−0.127%	$506K	—	100x	as long as short