Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.048%

Price spread now: BingX against Gate−0.013%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Gate Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.161%+$16 on $10k

Price spread, last 7 days+0.103%+$10 · spread now −0.013%, 7d avg +0.074%

Together, before fees+0.265%+$26 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 0.086% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.074%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	31.960	0.0100	pay 0.0050% / 4h	2h 22m	$10.8M	$7.7M	25x
Short	BingX VVV-USDT	31.956	0.0100	get 0.0050% / 4h	2h 22m	—	$5.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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 GatebpFee BingXbpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → +0.074%: −$8.63
Slippage, 4 orders: −$36.82
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BingX: 5 bp × 2 orders: −$10
Net: −$70.45
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; BingX: live order book, 8 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 Gate live order book, 1 min ago	1.88 bp	13.9 bp −$14	622.7 bp −$6,227	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	0.79 bp	14.0 bp −$14	34.4 bp −$344	217.5 bp −$21.8K	749.9 bp −$375.0K

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
Deribit VVV_USDC-PERPETUAL	−0.0038%	1h	31.984	+0.075%	$92K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.044	+0.263%	$119K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.992	+0.102%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.691%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	32.017	+0.178%	$1.3M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.056	+0.300%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.951	−0.028%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.061	+0.317%	$394K	$576K	5x	as long as short
Polymarket Perps VVV-USD	+0.0089%	1h	32.008	+0.150%	$143K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.999	+0.121%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.982	+0.069%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.037	+0.242%	$148K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.997	+0.117%	$73.0M	$54.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.023	+0.198%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.034	+0.232%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.969	+0.029%	$33.8M	$154.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.920	−0.125%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.920	−0.125%	$4.8M	$41.8M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	31.960	long leg	$10.8M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	31.984	+0.075%	$17.2M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.006	+0.144%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.918	−0.131%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.956	−0.013%	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.838	−0.382%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.986	+0.080%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.981	+0.066%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.043	+0.260%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.986	+0.082%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.094	+0.421%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.836	−0.388%	$79K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.981	+0.066%	$560K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.028	+0.212%	$206K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0273%	1h	31.992	+0.101%	$122K	$381K	5x	as long as short