Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.024%

Price spread now: Variational Omni against Extended+0.278%7-day average +0.006% · you sell dearer than you buy

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

Long on Extended Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.066%−$7 on $10k

Price spread, last 7 days−0.294%−$29 · spread now +0.278%, 7d avg +0.006%

Together, before fees−0.360%+ Points / potential airdropExtended: Active · Variational Omni: Active · farm board−$36 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 0.272% dearer against Extended than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of +0.006%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	30.394	0.0104	pay 0.0013% / 1h	28m 56s	$294K	$1.9M	5x
Short	Variational Omni VVV	30.479	0.0100	get 0.0050% / 4h	3h 28m	$1.9M	$350K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.278%Rate

Funding earned: −$0.84
Price spread: +0.278% → +0.006%: $27.2
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $21.36
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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 Extended live order book, 5 min ago	2.15 bp	19.7 bp −$20	143.4 bp −$1,434	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	2.88 bp	doesn't fit	36.4 bp −$364	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	30.390	−0.014%	$373K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0129%	1h	30.410	+0.052%	$111K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	+0.019%	$148K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.429	+0.114%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.981%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.409	+0.049%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.429	+0.115%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.441	+0.154%	$444K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.418	+0.077%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.421	+0.087%	$140K	$867K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	30.404	+0.032%	$68.8M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.393	−0.005%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.390	−0.013%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.397	+0.009%	$32.7M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.378	−0.054%	$37.9M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.390	−0.014%	$4.7M	$31.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.398	+0.013%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.437	+0.141%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.381	−0.043%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.384	−0.034%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.424	+0.098%	—	$5.0M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	30.479	+0.278%	$1.9M	$350K	—
Derive VVV-PERP	+0.0100%	1h	30.424	+0.098%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.442	+0.157%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.462	+0.222%	$76K	$335K	10x	as long as short
Extended VVV-USDlong	+0.0104%	1h	30.394	long leg	$294K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	30.409	+0.047%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0128%	4h	30.441	+0.154%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0129%	1h	30.417	+0.075%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0157%	8h	30.340	−0.178%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0222%	1h	30.432	+0.126%	$120K	$244K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0223%	1h	30.446	+0.169%	$85K	$23K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.429	+0.116%	$533K	—	100x	as long as short