Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −1.9% APRpaid last 24h −0.038%

Price spread now: Derive against BloFin−0.058%7-day average — · you buy dearer than you sell

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

Long on BloFin Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 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 −$1 a day on $10k at the current rate, and Derive is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 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	BloFin VVV-USDT	30.888	0.0118	pay 0.0059% / 4h	19m 10s	$1.3M	$1.6M	25x
Short	Derive VVV-PERP	30.870	0.0100	get 0.0013% / 1h	19m 10s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against BloFin. 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 BloFinbpFee DerivebpOrdersPrice spread, now −0.058%Rate

Funding earned: −$3.7
Price spread: −0.058% → 0.000%: −$5.79
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$27.49
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 4 min ago; Derive: 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 BloFin live order book, 4 min ago	0.48 bp	10.6 bp −$11	25.0 bp −$250	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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	−0.0299%	1h	30.880	−0.025%	$379K	$629K	5x	as long as short
Polymarket Perps VVV-USD	−0.0081%	1h	30.871	−0.055%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.868	−0.065%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.887	−0.004%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	30.914	+0.084%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.255%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0044%	4h	30.869	−0.062%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.059%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.876	−0.038%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.890	+0.006%	$451K	$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	30.892	+0.013%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.922	+0.110%	$142K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.877	−0.036%	$70.4M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.926	+0.123%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.934	+0.150%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.884	−0.013%	$33.1M	$129.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.854	−0.110%	$38.4M	$43.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.875	−0.042%	$4.8M	$33.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.882	−0.019%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.905	+0.055%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.860	−0.091%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.880	−0.026%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.866	−0.072%	$1.9M	$288K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	30.870	−0.058%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.875	−0.042%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.869	−0.060%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.899	+0.034%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	30.937	+0.159%	$77K	$333K	10x	as long as short
BloFin VVV-USDTlong	+0.0118%	4h	30.888	long leg	$1.3M	$1.6M	25x
Backpack VVV_USDC_PERP	+0.0138%	1h	30.894	+0.018%	$120K	$250K	5x	as long as short
Kalshi KXVVVPERP	+0.0147%	8h	30.923	+0.113%	$103K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.941	+0.172%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.876	−0.039%	$541K	—	100x	as long as short