Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.002%

Price spread now: Aster against Coinbase International−0.114%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$98as in the Price arb table

costs, in and out, $10k−$880.880% of the position

Long on Coinbase International Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.004%$0 on $10k

Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.114%, 7d avg −0.012%

Together, before fees+0.248%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.103% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.114% now, against its 7-day average of −0.012%). If the spread goes back, that is −$10 on $10k: about 44 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.004% in total (about -0.3% a year). A funding rate is set anew for every payment. 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	Coinbase International VVV-PERP-INTX	30.832	−0.0088	get 0.0011% / 1h	54m 07s	$145K	$1.2M	25x
Short	Aster VVVUSDT	30.797	0.0100	get 0.0050% / 4h	3h 54m	$246K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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 Coinbase InternationalbpFee AsterbpOrdersPrice spread, now −0.114%Rate

Funding earned: $39.48
Price spread: −0.114% → −0.012%: −$10.28
Slippage, 4 orders: −$69.98
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$58.78
Costs to cover: 0.880%
Break-even: 17.4 days

Slippage from Coinbase International: live order book, 4 min ago; Aster: 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 Coinbase International live order book, 4 min ago	23.72 bp	28.8 bp −$29	39.2 bp −$392	doesn't fit	doesn't fit
Sell Aster live order book, 4 min ago	3.24 bp	22.3 bp −$22	67.9 bp −$679	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	−0.0417%	1h	30.776	−0.182%	$377K	$641K	5x	as long as short
Polymarket Perps VVV-USD	−0.0168%	1h	30.761	−0.232%	$128K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTXlong	−0.0088%	1h	30.832	long leg	$145K	$1.2M	25x
Kalshi KXVVVPERP	0.0000%	8h	30.796	−0.118%	$104K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.763	−0.224%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.795	−0.121%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.446%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.764	−0.221%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.777	−0.180%	$450K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.818	−0.048%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	30.799	−0.107%	$141K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.770	−0.202%	$70.1M	$48.5M	3x	as long as short
Aster VVVUSDTshort	+0.0100%	4h	30.797	−0.114%	$246K	$1.1M	10x
Pacifica VVV	+0.0100%	1h	30.836	+0.011%	$182K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.784	−0.158%	$33.0M	$127.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.753	−0.258%	$38.3M	$42.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.773	−0.193%	$4.8M	$32.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.769	−0.206%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.783	−0.160%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.782	−0.163%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.756	−0.248%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.776	−0.183%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.745	−0.285%	$1.9M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.764	−0.222%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.773	−0.193%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.767	−0.212%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.773	−0.192%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	30.798	−0.112%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0116%	4h	30.852	+0.064%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0117%	4h	30.780	−0.170%	$76K	$332K	10x	as long as short
Phoenix VVV	+0.0182%	1h	30.844	+0.038%	$32K	$257K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0309%	1h	30.791	−0.134%	$122K	$249K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0174%	1h	30.778	−0.175%	$539K	—	100x	as long as short