Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0038%/8h= +4.2% APRpaid last 24h +0.004%

Price spread now: Derive against Gate+0.104%203s7-day average — · you sell dearer than you buy

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

Long on Gate Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Derive is 0.104% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 203 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	31.460	0.0062	pay 0.0031% / 4h	3h 53m	$11.8M	$4.7M	25x
Short	Derive VVV-PERP	31.493	0.0100	get 0.0013% / 1h	53m 49s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.104%Rate

Funding earned: $7.98
Price spread: +0.104% → 0.000%: $10.37
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Derive: 3 bp × 2 orders: −$6
Net: −$2.65
Costs to cover: 0.210%
Break-even: 9.3 days

Slippage unknown: Gate: live order book, 5 min ago; Derive: no order-book sample. 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 Gate live order book, 5 min ago	4.60 bp	22.9 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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 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	−0.0349%	1h	31.465	+0.017%	$385K	$669K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.508	+0.153%	$96K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.404	−0.178%	$187K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.474	+0.044%	$19K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0030%	1h	31.479	+0.061%	$88K	$22K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.323%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	31.444	−0.051%	$1.3M	$1.4M	25x	as long as short
Gate VVV_USDTlong	+0.0062%	4h	31.460	long leg	$11.8M	$4.7M	25x
Lighter VVV	+0.0096%	1h	31.476	+0.052%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.477	+0.054%	$463K	$1.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.478	+0.058%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.513	+0.168%	$163K	$951K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.516	+0.178%	$70.3M	$43.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.489	+0.092%	$249K	$508K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.475	+0.048%	$185K	$121K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.501	+0.131%	$33.6M	$110.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.471	+0.035%	$38.4M	$39.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.481	+0.067%	$4.8M	$27.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.500	+0.127%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.453	−0.022%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.479	+0.060%	$5.7M	$6.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.490	+0.095%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.341	−0.379%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.488	+0.089%	$130K	$1.3M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.493	+0.104%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.501	+0.130%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.498	+0.120%	$78K	$329K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.492	+0.100%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.485	+0.078%	$6K	—	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.528	+0.216%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0328%	1h	31.512	+0.165%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0216%	1h	31.476	+0.051%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0852%	1h	31.516	+0.177%	$160K	$267K	5x	as long as short