Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.026%

Price spread now: Binance against Bybit+0.027%7-day average +0.094% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$580.575% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.122%+$12 on $10k

Price spread, last 7 days+0.129%+$13 · spread now +0.027%, 7d avg +0.094%

Together, before fees+0.251%+$25 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: Binance is 0.067% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.094%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.344	0.0100	pay 0.0050% / 4h	2h 01m	$38.4M	$49.9M	20x
Short	Binance VVVUSDT	31.353	0.0100	get 0.0050% / 4h	2h 01m	$33.3M	$146.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → +0.094%: −$6.7
Slippage, 4 orders: −$36.52
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$64.22
Costs to cover: 0.575%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 12 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 Bybit live order book, 3 min ago	1.92 bp	19.2 bp −$19	48.6 bp −$486	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.16 bp	5.5 bp −$5	34.7 bp −$347	doesn't fit	doesn't fit

VVV on 32 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	−0.0111%	1h	31.343	−0.005%	$385K	$643K	5x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.338	−0.020%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0010%	4h	31.339	−0.017%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.082%	$39K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.348	+0.011%	$20K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0028%	1h	31.347	+0.008%	$87K	$24K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.708%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.337	−0.023%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.336	−0.027%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.338	−0.021%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.366	+0.071%	$130K	$845K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.370	+0.081%	$72.4M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.359	+0.047%	$254K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.359	+0.046%	$187K	$162K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.353	+0.027%	$33.3M	$146.8M	25x
Bybit VVVUSDTlong	+0.0100%	4h	31.344	long leg	$38.4M	$49.9M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.363	+0.059%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.365	+0.066%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.337	−0.024%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.345	+0.002%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.361	+0.053%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.307	−0.119%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.342	−0.008%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.359	+0.047%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.316	−0.092%	$78K	$336K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.353	+0.028%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.345	+0.001%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0118%	8h	31.367	+0.072%	$110K	$6.3M	1.7x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.367	+0.072%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.340	−0.013%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	−0.035%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0285%	1h	31.377	+0.103%	$121K	$311K	5x	as long as short