Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0395%/8h= −43.3% APRpaid last 24h −0.006%

Price spread now: Polymarket Perps against Aster−0.171%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.177%−$18 on $10k

Price spread, last 3 days (all we have)+0.350%+$35 · spread now −0.171%, 7d avg −0.020%

Together, before fees+0.174%+ Points / potential airdropAster: Stage 5 · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Polymarket Perps is 0.151% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.020%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.177% in total (about -12.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VVVUSDT	32.076	0.0100	pay 0.0050% / 4h	3h 43m	$262K	$1.9M	10x
Short	Polymarket Perps VVV-USD	32.021	−0.0295	pay 0.0037% / 1h	43m 11s	$146K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. 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 AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.171%Rate

Funding earned: −$83.03
Price spread: −0.171% → −0.020%: −$15.11
Slippage, 4 orders: −$27.9
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$142.03
Costs to cover: 0.439%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Polymarket Perps: live order book, 5 min ago.

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 Aster live order book, 5 min ago	2.18 bp	13.1 bp −$13	60.6 bp −$606	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.49 bp	6.5 bp −$6	8.2 bp −$82	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
Polymarket Perps VVV-USDshort	−0.0295%	1h	32.021	−0.171%	$146K	$1.2M	3x
01 Exchange VVVUSD	−0.0096%	1h	32.009	−0.209%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.034	−0.131%	$394K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.072	−0.012%	$109K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.014	−0.193%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.088	+0.039%	$19K	—	150x	as long as short
Gate VVV_USDT	+0.0016%	4h	32.059	−0.053%	$10.8M	$7.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.319%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0095%	4h	32.091	+0.047%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.084	+0.024%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.074	−0.006%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.053	−0.070%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.078	+0.006%	$74.3M	$55.2M	3x	as long as short
Aster VVVUSDTlong	+0.0100%	4h	32.076	long leg	$262K	$1.9M	10x
Pacifica VVV	+0.0100%	1h	32.038	−0.118%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.077	+0.002%	$33.7M	$155.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.074	−0.006%	$39.4M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.067	−0.028%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.086	+0.031%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.052	−0.075%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.067	−0.028%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.076	0.000%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.110	+0.105%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.071	−0.017%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.075	−0.003%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.994	−0.257%	$3K	$106	5x	as long as short
Backpack VVV_USDC_PERP	+0.0104%	1h	31.972	−0.324%	$124K	$336K	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.083	+0.021%	$301K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.072	−0.011%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	32.009	−0.209%	$80K	$335K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.082	+0.019%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.051	−0.078%	$241K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0367%	1h	32.095	+0.058%	$91K	$23K	10x	as long as short