Funding you earn now, next payment 04:00 UTC−0.0220%/8h= −24.1% APRnext payment −$1.10 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget+0.041%7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$930.929% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 7 days−0.173%−$17 · spread now +0.041%, 7d avg −0.040%
=The price spread pays, funding is against you. Gate is 0.080% dearer against Bitget than usual: you sell high and buy low (spread +0.041% now, against its 7-day average of −0.040%): +$8 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.101% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.101% in total (about -5.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VVVUSDT | 31.921 | 0.0100 | pay 0.0050% / 4h | 3h 12m | $5.8M | $8.9M | 20x |
| Short | Gate VVV_USDT | 31.934 | −0.0120 | pay 0.0060% / 4h | 3h 12m | $10.7M | $7.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$46.2
- Price spread: +0.041% → −0.040%
- $8.03
- Slippage, 4 orders
- −$65.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.08
- Costs to cover
- 0.929%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 5.64 bp | 19.5 bp −$19 | 59.4 bp −$594 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 4.24 bp | 25.1 bp −$25 | 125.6 bp −$1,256 | 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 | −0.0243% | 1h | 31.896 | −0.078% | $145K | $1.2M | 3x | as long as short |
| Gate VVV_USDTshort | −0.0120% | 4h | 31.934 | +0.041% | $10.7M | $7.4M | 25x | |
| Bybit VVVUSDT | −0.0022% | 4h | 31.957 | +0.114% | $39.1M | $51.6M | 20x | as long as short |
| 01 Exchange VVVUSD | −0.0016% | 1h | 31.921 | 0.000% | $11K | $3K | 3x | as long as short |
| RISEx VVV/USDC | −0.0015% | 1h | 31.905 | −0.051% | $392K | $602K | 5x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.962 | +0.128% | $112K | $6.5M | 1.7x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 31.867 | −0.169% | $56K | $298K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.904 | −0.053% | $89K | $24K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.911 | −0.031% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +2.816% | $2K | $1K | 5.5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin VVV-USDT | +0.0087% | 4h | 31.870 | −0.160% | $1.3M | $1.8M | 25x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.910 | −0.036% | $2.2M | $5.9M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.889 | −0.100% | $472K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.908 | −0.039% | $125K | $850K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.932 | +0.034% | $74.2M | $55.1M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.916 | −0.016% | $260K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.929 | +0.025% | $191K | $183K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.966 | +0.139% | $33.6M | $154.2M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.934 | +0.041% | $4.7M | $41.5M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.958 | +0.116% | $6.5M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.935 | +0.044% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDTlong | +0.0100% | 4h | 31.921 | long leg | $5.8M | $8.9M | 20x | |
| BingX VVV-USDT | +0.0100% | 4h | 31.954 | +0.103% | — | $5.4M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.0100% | 1h | 31.933 | +0.037% | $123K | $334K | 5x | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.900 | −0.067% | $2.1M | $190K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.913 | −0.026% | $3K | $2K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.921 | 0.000% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.904 | −0.054% | $3K | $106 | 5x | as long as short |
| edgeX VVVUSDC | +0.0102% | 4h | 31.936 | +0.048% | $79K | $336K | 10x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.934 | +0.040% | $304K | $2.0M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.900 | −0.066% | $6K | — | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0178% / S +0.0121% | 1h | 31.908 | −0.042% | $577K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0320% | 1h | 31.903 | −0.057% | $245K | $1.2M | 25x | as long as short |
Bitget VVVUSDT
Gate VVV_USDT
Polymarket Perps VVV-USD
Bybit VVVUSDT
01 Exchange VVVUSD
RISEx VVV/USDC
Kalshi KXVVVPERP
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
BloFin VVV-USDT
Lighter VVV
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
BingX VVV-USDT
Backpack VVV_USDC_PERP
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
edgeX VVVUSDC
Extended VVV-USD
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX