Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.009%

Price spread now: Deribit against OKX−0.012%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.101%−$10 on $10k

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	32.132	0.0100	pay 0.0050% / 4h	1h 08m	$4.7M	$42.7M	20x
Short	Deribit VVV_USDC-PERPETUAL	32.128	−0.0033	pay 0.0004% / 1h	8m 14s	$91K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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 OKXbpFee DeribitbpOrdersPrice spread, now −0.012%Rate

Funding earned: −$27.96
Price spread: −0.012% → 0.000%: −$1.21
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$46.18
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 5 min ago; Deribit: 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 OKX live order book, 5 min ago	2.17 bp	14.8 bp −$15	63.5 bp −$635	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit VVV_USDC-PERPETUALshort	−0.0033%	1h	32.128	−0.012%	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.152	+0.061%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.141%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0050%	4h	32.211	+0.246%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.164	+0.100%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.177	+0.140%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.345%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.159	+0.086%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.150	+0.056%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.195	+0.197%	$192K	$191K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.154	+0.069%	$33.7M	$157.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.130	−0.007%	$39.5M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	32.132	long leg	$4.7M	$42.7M	20x
Gate VVV_USDT	+0.0100%	4h	32.144	+0.037%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.157	+0.078%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.178	+0.143%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.129	−0.009%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.148	+0.050%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	+0.170%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.131	−0.003%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.141	+0.026%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.137	+0.016%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.191	+0.183%	$3K	$106	5x	as long as short
Kalshi KXVVVPERP	+0.0101%	8h	32.188	+0.174%	$107K	$6.9M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.135	+0.009%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.147	+0.047%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.198	+0.205%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.218	+0.269%	$238K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.157	+0.078%	$395K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0168%	1h	32.150	+0.057%	$618K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0218%	1h	32.216	+0.262%	$122K	$365K	5x	as long as short
Hyperliquid VVV	+0.0244%	1h	32.167	+0.109%	$74.7M	$55.8M	3x	as long as short
01 Exchange VVVUSD	+0.0304%	1h	32.154	+0.068%	$11K	$3K	3x	as long as short