Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%

Price spread now: OKX against Deribit+0.038%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.101%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.038% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	32.155	0	get 0.0000% / 1h	51m 04s	$85K	$20K	10x
Short	OKX VVV-USDT-SWAP	32.167	0.0100	get 0.0050% / 4h	1h 51m	$4.8M	$24.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee DeribitbpFee OKXbpOrdersPrice spread, now +0.038%Rate

Funding earned: $21
Price spread: +0.038% → 0.000%: $3.83
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee OKX: 5 bp × 2 orders: −$10
Net: $7.83
Costs to cover: 0.170%
Break-even: 4.4 days

Slippage unknown: Deribit: no order-book sample; OKX: live order book, 1 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 Deribit no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	1.87 bp	13.3 bp −$13	50.0 bp −$500	doesn't fit	doesn't fit

Deribit: 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 32 exchanges

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	−0.0142%	1h	32.140	−0.044%	$393K	$729K	5x	as long as short
Gate VVV_USDT	−0.0032%	4h	32.134	−0.064%	$12.7M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.148	−0.021%	$170K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	32.155	long leg	$85K	$20K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.164	+0.028%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.449	+0.914%	$160K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.069%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0052%	4h	32.172	+0.054%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.171	+0.050%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.173	+0.057%	$485K	$1.4M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.167	+0.040%	$181K	$909K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.165	+0.033%	$254K	$508K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.159	+0.013%	$189K	$112K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.167	+0.037%	$33.6M	$100.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.158	+0.010%	$38.1M	$39.2M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	32.167	+0.038%	$4.8M	$24.5M	20x
MEXC VVV_USDT	+0.0100%	4h	32.168	+0.041%	$7.8M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.146	−0.027%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.160	+0.016%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.162	+0.023%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.231	+0.238%	$2.0M	$333K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.163	+0.026%	$132K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.221	+0.206%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.146	−0.028%	$3K	$50	5x	as long as short
edgeX VVVUSDC	+0.0103%	4h	32.175	+0.062%	$80K	$321K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.157	+0.008%	$306K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.147	−0.023%	$6K	—	3x	as long as short
Phoenix VVV	+0.0198%	1h	32.264	+0.340%	$33K	$192K	5x	as long as short
01 Exchange VVVUSD	+0.0368%	1h	32.185	+0.094%	$12K	$2K	3x	as long as short
Hyperliquid VVV	+0.0443%	1h	32.209	+0.169%	$75.2M	$45.3M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0449% / S −0.0219%	1h	32.153	−0.007%	$517K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0652%	1h	32.196	+0.128%	$177K	$269K	5x	as long as short