Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.009%

Price spread now: BingX against Extended+0.060%7-day average +0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.647% of the position

Long on Extended Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 7 days+0.030%+$3 · spread now +0.060%, 7d avg +0.039%

Together, before fees+0.024%+ Points / potential airdropExtended: Active · farm board+$2 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: BingX is 0.021% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.039%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.472	0.0104	pay 0.0013% / 1h	22m 24s	$299K	$1.9M	5x
Short	BingX VVV-USDT	31.491	0.0100	get 0.0050% / 4h	22m 24s	—	$4.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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 ExtendedbpFee BingXbpOrdersPrice spread, now +0.060%Rate

Funding earned: −$0.84
Price spread: +0.060% → +0.039%: $2.11
Slippage, 4 orders: −$49.73
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BingX: 5 bp × 2 orders: −$10
Net: −$63.46
Costs to cover: 0.647%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; BingX: live order book, 3 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 Extended live order book, 1 min ago	2.08 bp	19.5 bp −$20	173.8 bp −$1,738	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	0.16 bp	9.7 bp −$10	26.2 bp −$262	234.7 bp −$23.5K	762.5 bp −$381.2K

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	31.475	+0.009%	$386K	$664K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.573	+0.321%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.525	+0.168%	$96K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.468	−0.014%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.488	+0.049%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.283%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0052%	4h	31.449	−0.074%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.504	+0.102%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.517	+0.142%	$464K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.501	+0.091%	$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	31.504	+0.101%	$160K	$950K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.534	+0.196%	$70.5M	$44.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.499	+0.085%	$249K	$633K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.540	+0.215%	$185K	$124K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.495	+0.072%	$33.6M	$113.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.446	−0.082%	$38.2M	$39.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.466	−0.020%	$4.8M	$28.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.503	+0.098%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.504	+0.101%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.483	+0.034%	$5.7M	$6.6M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.491	+0.060%	—	$4.7M	—
Variational Omni VVV	+0.0100%	4h	31.470	−0.008%	$2.0M	$356K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.487	+0.047%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.475	+0.010%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.534	+0.196%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.472	long leg	$299K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.485	+0.039%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.509	+0.117%	$78K	$330K	10x	as long as short
BloFin VVV-USDT	+0.0118%	4h	31.544	+0.228%	$1.4M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	31.503	+0.098%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.613	+0.448%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0367%	1h	31.562	+0.286%	$160K	$276K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0212%	1h	31.481	+0.027%	$506K	—	100x	as long as short