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 0.000%

Price spread now: Variational Omni against Bybit−0.279%7-day average +0.025% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.002%$0 on $10k

Price spread, last 7 days+0.271%+$27 · spread now −0.279%, 7d avg +0.025%

Together, before fees+0.273%+ Points / potential airdropVariational Omni: Active · farm board+$27 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: Variational Omni is 0.304% cheaper against Bybit than usual: you would sell low and buy high, −$30 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.791	0.0100	pay 0.0050% / 4h	2h 20m	$38.9M	$50.5M	20x
Short	Variational Omni VVV	31.702	0.0100	get 0.0050% / 4h	2h 20m	$2.1M	$185K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.279%Rate

Funding earned: $0
Price spread: −0.279% → +0.025%: −$30.42
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$41.42
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Variational Omni: RFQ quote, 4 min ago. 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 Bybit live order book, 4 min ago	0.16 bp	20.2 bp −$20	61.1 bp −$611	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	3.98 bp	doesn't fit	49.9 bp −$499	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	31.726	−0.205%	$389K	$634K	5x	as long as short
Gate VVV_USDT	−0.0032%	4h	31.746	−0.141%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0014%	1h	31.782	−0.028%	$136K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.739	−0.163%	$119K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.792	+0.003%	$48K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.773	−0.055%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.237%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.717	−0.234%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.714	−0.242%	$468K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.699	−0.290%	$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	31.772	−0.058%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.820	+0.092%	$73.4M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.738	−0.167%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.734	−0.178%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.775	−0.050%	$33.8M	$148.9M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.791	long leg	$38.9M	$50.5M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.804	+0.041%	$4.7M	$40.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.769	−0.069%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.731	−0.188%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.758	−0.103%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.793	+0.007%	—	$5.4M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	31.702	−0.279%	$2.1M	$185K	—
Derive VVV-PERP	+0.0100%	1h	31.767	−0.076%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.781	−0.031%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.769	−0.068%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.759	−0.099%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	31.653	−0.435%	$79K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.765	−0.081%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0121%	1h	31.787	−0.013%	$88K	$24K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.772	−0.060%	$575K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.711	−0.252%	$232K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0294%	1h	31.734	−0.180%	$123K	$317K	5x	as long as short