Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.029%

Price spread now: OKX against gTrade (Gains Network)−0.433%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on OKX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. OKX is 0.433% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.433% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$43 on $10k: about 15 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VVV/USD	31.721	L +0.0004% / S −0.0005%	pay 0.0001% / 1h	17m 41s	$19K	—	150x
Short	OKX VVV-USDT-SWAP	31.584	0.0100	get 0.0050% / 4h	2h 17m	$4.7M	$39.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee OKXbpOrdersPrice spread, now −0.433%Rate

Funding earned: $20.06
Price spread: −0.433% → 0.000%: −$43.35
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$45.28
Costs to cover: 0.220%
Break-even: 22.8 days

Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell OKX live order book, 1 min ago	1.89 bp	17.6 bp −$18	63.7 bp −$637	doesn't fit	doesn't fit

gTrade (Gains Network): 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 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	−0.0111%	1h	31.570	−0.477%	$387K	$637K	5x	as long as short
Gate VVV_USDT	−0.0034%	4h	31.563	−0.500%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0007%	1h	31.704	−0.055%	$136K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.726	+0.014%	$46K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.689	−0.101%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0005%	1h	31.721	long leg	$19K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.463%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.584	−0.434%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.598	−0.389%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.588	−0.421%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.716	−0.016%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.640	−0.257%	$72.9M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.650	−0.225%	$256K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.605	−0.368%	$189K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.595	−0.399%	$33.6M	$148.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.548	−0.547%	$38.6M	$50.4M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.584	−0.433%	$4.7M	$39.7M	20x
MEXC VVV_USDT	+0.0100%	4h	31.600	−0.383%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.635	−0.273%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.573	−0.468%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.595	−0.399%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.702	−0.061%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.697	−0.078%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.710	−0.036%	$2.0M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	31.732	+0.033%	$119K	$6.4M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	31.586	−0.427%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.714	−0.025%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.712	−0.031%	$79K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.602	−0.377%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.706	−0.049%	$573K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.786	+0.202%	$233K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0300%	1h	31.625	−0.305%	$122K	$316K	5x	as long as short