Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.011%
Price spread now: Derive against Deribit−0.033%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Derive is 0.033% cheaper against Deribit than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit VVV_USDC-PERPETUAL30.8970get 0.0000% / 1h23m 38s$86K$24K10x
ShortDerive VVV-PERP30.8870.0100get 0.0013% / 1h23m 38s$3K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Deribit. 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

Funding earned
$21
Price spread: −0.033% → 0.000%
−$3.32
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Derive: 3 bp × 2 orders
−$6
Net
$4.68
Costs to cover
0.130%
Break-even
5.4 days
Slippage unknown: Deribit: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell Derive no order-book sample
Deribit and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx VVV/USDC−0.0299%1h30.889−0.026%$379K$625K5xas long as short
Polymarket Perps VVV-USD−0.0096%1h30.855−0.135%$129K$1.2M3xas long as short
Deribit VVV_USDC-PERPETUALlong0.0000%1h30.897long leg$86K$24K10x
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0002%1h30.902+0.016%$23K150xas long as short
01 Exchange VVVUSD+0.0016%1h30.868−0.093%$11K$3K3xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+6.225%$2K$1K5.5xas long as short
Gate VVV_USDT+0.0038%4h30.909+0.039%$10.4M$6.0M25xas long as short
Coinbase International VVV-PERP-INTX+0.0064%1h30.870−0.087%$145K$1.2M25xas long as short
BloFin VVV-USDT+0.0088%4h30.836−0.197%$1.3M$1.6M25xas long as short
Lighter VVV+0.0096%1h30.903+0.021%$2.1M$5.2M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH VVV+0.0096%1h30.912+0.049%$451K$1.6M5xas long as short
Paradex VVV-USD-PERP+0.0100%8h30.902+0.016%$3K$735xas long as short
Nado VVV-PERP+0.0100%1h30.865−0.101%$112K$858K3xas long as short
Hyperliquid VVV+0.0100%1h30.908+0.036%$70.5M$49.0M3xas long as short
Aster VVVUSDT+0.0100%4h30.901+0.014%$247K$1.1M10xas long as short
Pacifica VVV+0.0100%1h30.924+0.087%$182K$133K10xas long as short
Binance VVVUSDT+0.0100%4h30.916+0.062%$33.1M$129.9M25xas long as short
Bybit VVVUSDT+0.0100%4h30.904+0.022%$38.5M$43.4M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h30.924+0.088%$4.8M$33.3M20xas long as short
MEXC VVV_USDT+0.0100%4h30.913+0.052%$6.3M$6.2M50xas long as short
KuCoin VVVUSDTM+0.0100%4h30.887−0.032%$2.0M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h30.903+0.020%$5.7M$7.5M20xas long as short
BingX VVV-USDT+0.0100%4h30.912+0.049%$5.0Mas long as short
Variational Omni VVV+0.0100%4h30.801−0.309%$1.9M$290Kas long as short
Derive VVV-PERPshort+0.0100%1h30.887−0.033%$3K$3K5x
Phemex VVVUSDT+0.0100%4h30.878−0.061%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h30.914+0.055%$290K$1.9M5xas long as short
Aevo VVV-PERP+0.0104%1h30.873−0.078%$6K3xas long as short
edgeX VVVUSDC+0.0107%4h30.844−0.171%$77K$332K10xas long as short
Backpack VVV_USDC_PERP+0.0118%1h30.925+0.092%$120K$252K5xas long as short
Kalshi KXVVVPERP+0.0149%8h30.879−0.058%$101K$5.7M1.7xas long as short
Phoenix VVV+0.0182%1h30.844−0.171%$32K$253K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0427% / S −0.0174%1h30.887−0.032%$541K100xas long as short