Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Bybit+0.035%7-day average +0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

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

costs, in and out, $10k−$630.627% of the position

Long on Bybit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 7 days+0.088%+$9 · spread now +0.035%, 7d avg +0.051%

Together, before fees+0.151%+$15 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.602	0.0100	pay 0.0050% / 4h	59m 26s	$38.6M	$40.6M	20x
Short	OKX VVV-USDT-SWAP	31.613	0.0100	get 0.0050% / 4h	59m 26s	$4.9M	$29.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.035%Rate

Funding earned: $0
Price spread: +0.035% → +0.051%: −$1.64
Slippage, 4 orders: −$41.68
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee OKX: 5 bp × 2 orders: −$10
Net: −$64.32
Costs to cover: 0.627%
Break-even: never at this rate

Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago	0.32 bp	18.4 bp −$18	56.4 bp −$564	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	2.06 bp	12.3 bp −$12	62.7 bp −$627	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
RISEx VVV/USDC	−0.0337%	1h	31.587	−0.047%	$387K	$654K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.556	−0.145%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.583	−0.060%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.573	−0.092%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.613	+0.036%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.855%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.571	−0.098%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.572	−0.095%	$467K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.580	−0.069%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.602	−0.001%	$142K	$925K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.640	+0.121%	$70.9M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.602	0.000%	$250K	$772K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.578	−0.075%	$186K	$125K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.624	+0.071%	$34.0M	$117.0M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.602	long leg	$38.6M	$40.6M	20x
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.613	+0.035%	$4.9M	$29.7M	20x
Gate VVV_USDT	+0.0100%	4h	31.587	−0.047%	$11.5M	$5.2M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.621	+0.060%	$7.0M	$5.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.597	−0.016%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.596	−0.019%	$5.8M	$6.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.609	+0.022%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.531	−0.224%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.609	+0.022%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.624	+0.071%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.565	−0.117%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.578	−0.077%	$302K	$1.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.565	−0.117%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.565	−0.117%	$1.4M	$1.5M	25x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.576	−0.083%	$78K	$333K	10x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	31.618	+0.051%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.564	−0.120%	$33K	$214K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0406%	1h	31.608	+0.018%	$155K	$267K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0208%	1h	31.603	+0.004%	$508K	—	100x	as long as short