Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.060%

Price spread now: RISEx against Binance+0.092%7-day average −0.050% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$350.351% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.294%+$29 on $10k

Price spread, last 7 days−0.140%−$14 · spread now +0.092%, 7d avg −0.050%

Together, before fees+0.154%+$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.141% dearer against Binance than usual: you sell high and buy low (spread +0.092% now, against its 7-day average of −0.050%): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 21 days. Mind the row above: over the last 3 days funding on this pair paid +0.294%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	31.925	0.0100	pay 0.0050% / 4h	2h 21m	$33.7M	$154.7M	25x
Short	RISEx VVV/USDC	31.954	0.0078	get 0.0010% / 1h	21m 41s	$392K	$576K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Binance. 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 BinancebpFee RISExbpOrdersPrice spread, now +0.092%Rate

Funding earned: −$4.65
Price spread: +0.092% → −0.050%: $14.15
Slippage, 4 orders: −$19.07
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$25.57
Costs to cover: 0.351%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; RISEx: live order book, 2 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 Binance live order book, 6 min ago	0.16 bp	13.3 bp −$13	36.3 bp −$363	doesn't fit	doesn't fit
Sell RISEx live order book, 2 min ago	1.91 bp	5.0 bp −$5	doesn't fit	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
Deribit VVV_USDC-PERPETUAL	−0.0038%	1h	31.984	+0.186%	$92K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.044	+0.374%	$119K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.992	+0.212%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.804%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	32.017	+0.289%	$1.3M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.056	+0.411%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.951	+0.082%	$56K	$292K	5x	as long as short
RISEx VVV/USDCshort	+0.0078%	1h	31.954	+0.092%	$392K	$576K	5x
Polymarket Perps VVV-USD	+0.0089%	1h	32.008	+0.261%	$143K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.923	−0.006%	$2.2M	$5.4M	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	31.903	−0.068%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.037	+0.353%	$148K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.985	+0.189%	$73.0M	$54.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.951	+0.082%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.952	+0.085%	$190K	$176K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.925	long leg	$33.7M	$154.7M	25x
Bybit VVVUSDT	+0.0100%	4h	31.901	−0.074%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.983	+0.183%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.962	+0.117%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.933	+0.026%	$17.2M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.948	+0.073%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.961	+0.114%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.986	+0.192%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.838	−0.272%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.986	+0.190%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.981	+0.176%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.972	+0.149%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.965	+0.126%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.094	+0.532%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.836	−0.278%	$79K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.981	+0.176%	$560K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.028	+0.323%	$206K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0273%	1h	31.992	+0.212%	$122K	$381K	5x	as long as short