Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.089%

Price spread now: Variational Omni against RISEx+0.122%7-day average −0.025% · you sell dearer than you buy

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

Long on RISEx Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.349%−$35 on $10k

Price spread, last 7 days−0.229%−$23 · spread now +0.122%, 7d avg −0.025%

Together, before fees−0.578%+ Points / potential airdropVariational Omni: Active · farm board−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.147% dearer against RISEx than usual: you sell high and buy low (spread +0.122% now, against its 7-day average of −0.025%): +$15 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 3 days (−0.349% in total) that is about 33 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	32.172	0.0175	pay 0.0022% / 1h	3m 45s	$395K	$607K	5x
Short	Variational Omni VVV	32.211	0.0100	get 0.0050% / 4h	1h 03m	$2.1M	$183K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against RISEx. 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 RISExbpFee Variational OmnibpOrdersPrice spread, now +0.122%Rate

Funding earned: −$15.77
Price spread: +0.122% → −0.025%: $14.7
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$7.08
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: RISEx: live order book, 15 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 RISEx live order book, 15 min ago	2.60 bp	5.6 bp −$6	28.8 bp −$288	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, just now	2.88 bp	doesn't fit	43.6 bp −$436	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
Kalshi KXVVVPERP	0.0000%	8h	32.160	−0.036%	$107K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.168	−0.012%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.170	−0.005%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.016%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.208	+0.113%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.176	+0.014%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.222%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.159	−0.037%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.186	+0.044%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.207	+0.112%	$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	32.188	+0.051%	$33.7M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.174	+0.008%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.162	−0.030%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.169	−0.008%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.191	+0.061%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.187	+0.048%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.174	+0.008%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.190	+0.057%	—	$5.5M	—	as long as short
Variational Omni VVVshort	+0.0100%	4h	32.211	+0.122%	$2.1M	$183K	—
Polymarket Perps VVV-USD	+0.0100%	1h	32.153	−0.058%	$146K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.165	−0.021%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.170	−0.005%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.197	+0.079%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.171	−0.001%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.179	+0.025%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.198	+0.083%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0143%	4h	32.168	−0.011%	$1.3M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.220	+0.150%	$239K	$1.3M	25x	as long as short
RISEx VVV/USDClong	+0.0175%	1h	32.172	long leg	$395K	$607K	5x
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.164	−0.023%	$618K	—	100x	as long as short
Hyperliquid VVV	+0.0211%	1h	32.219	+0.148%	$74.8M	$55.8M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0216%	1h	32.212	+0.124%	$122K	$364K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	32.164	−0.023%	$11K	$3K	3x	as long as short