Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h −0.104%

Price spread now: Gate against 01 Exchange+0.359%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 Gate

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

The price spread pays, funding is against you. Gate is 0.359% dearer against 01 Exchange than usual: you sell high and buy low (spread +0.359% now, against zero (this spread has no 7-day history yet)): +$36 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 60 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	31.188	0.0120	pay 0.0015% / 1h	13m 58s	$11K	$3K	3x
Short	Gate VVV_USDT	31.300	0.0100	get 0.0050% / 4h	2h 13m	$11.0M	$5.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.359%Rate

Funding earned: −$4.2
Price spread: +0.359% → 0.000%: $35.91
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $9.71
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: 01 Exchange: no order-book sample; Gate: 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 Gate live order book, 5 min ago	6.94 bp	23.1 bp −$23	156.8 bp −$1,568	doesn't fit	doesn't fit

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 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	−0.0329%	1h	31.165	−0.074%	$392K	$649K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.333	+0.466%	$162K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.212	+0.078%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.233%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0077%	1h	31.229	+0.132%	$87K	$22K	10x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.051	−0.439%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.312	+0.398%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.333	+0.465%	$459K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.208	+0.066%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.212	+0.079%	$164K	$894K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.306	+0.380%	$70.5M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.309	+0.389%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.225	+0.119%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.316	+0.410%	$33.8M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.281	+0.299%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.306	+0.378%	$5.0M	$31.1M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.300	+0.359%	$11.0M	$5.7M	25x
MEXC VVV_USDT	+0.0100%	4h	31.309	+0.388%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.306	+0.378%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.290	+0.327%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.295	+0.343%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.009	−0.573%	$1.9M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.173	−0.048%	$117K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.217	+0.092%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.303	+0.369%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.300	+0.360%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.245	+0.184%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.053	−0.433%	$77K	$333K	10x	as long as short
01 Exchange VVVUSDlong	+0.0120%	1h	31.188	long leg	$11K	$3K	3x
Kalshi KXVVVPERP	+0.0162%	8h	31.283	+0.305%	$93K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.034	−0.494%	$32K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0422% / S −0.0197%	1h	31.210	+0.071%	$499K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0432%	1h	31.341	+0.490%	$113K	$243K	5x	as long as short