Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.087%

Price spread now: BingX against 01 Exchange+0.096%7-day average — · you sell dearer than you buy

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

Long on 01 Exchange Short on BingX

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

The price spread pays, funding is against you. BingX is 0.096% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 16 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	31.315	0.0120	pay 0.0015% / 1h	0m 01s	$11K	$3K	3x
Short	BingX VVV-USDT	31.345	0.0100	get 0.0050% / 4h	2h 00m	—	$5.4M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against 01 Exchange. 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 01 ExchangebpFee BingXbpOrdersPrice spread, now +0.096%Rate

Funding earned: −$4.2
Price spread: +0.096% → 0.000%: $9.58
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee BingX: 5 bp × 2 orders: −$10
Net: −$11.62
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; BingX: live order book, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell BingX live order book, 5 min ago	0.32 bp	11.1 bp −$11	29.4 bp −$294	226.9 bp −$22.7K	640.1 bp −$320.0K

01 Exchange: 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	31.305	−0.031%	$384K	$643K	5x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.312	−0.010%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0010%	4h	31.312	−0.010%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.176%	$39K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.323	+0.026%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.806%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0053%	1h	31.324	+0.029%	$87K	$24K	10x	as long as short
Lighter VVV	+0.0096%	1h	31.322	+0.024%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.311	−0.013%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.317	+0.006%	$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	31.343	+0.088%	$130K	$845K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.337	+0.070%	$72.3M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.322	+0.022%	$253K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.342	+0.085%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.295	−0.063%	$33.3M	$146.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.268	−0.150%	$38.3M	$49.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.305	−0.032%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.338	+0.073%	$6.3M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.322	+0.022%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.274	−0.131%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.345	+0.096%	—	$5.4M	—
Variational Omni VVV	+0.0100%	4h	31.347	+0.101%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.317	+0.006%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.322	+0.022%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.316	+0.002%	$78K	$336K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.290	−0.080%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.323	+0.024%	$6K	—	3x	as long as short
01 Exchange VVVUSDlong	+0.0120%	1h	31.315	long leg	$11K	$3K	3x
Kalshi KXVVVPERP	+0.0121%	8h	31.345	+0.096%	$110K	$6.3M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.320	+0.016%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	+0.058%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0290%	1h	31.343	+0.090%	$121K	$311K	5x	as long as short