Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%

Price spread now: MEXC against BingX+0.044%7-day average +0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$29as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on BingX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 7 days−0.007%−$1 · spread now +0.044%, 7d avg +0.025%

Together, before fees−0.009%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX VVV-USDT	31.655	0.0100	pay 0.0050% / 4h	42m 53s	—	$4.7M	—
Short	MEXC VVV_USDT	31.669	0.0100	get 0.0050% / 4h	42m 53s	$7.0M	$5.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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 BingXbpFee MEXCbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.025%: $1.94
Slippage, 4 orders: −$18.51
Fee BingX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$26.57
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from BingX: live order book, 7 min ago; MEXC: 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 BingX live order book, 7 min ago	0.16 bp	9.5 bp −$9	40.7 bp −$407	354.4 bp −$35.4K	696.9 bp −$348.4K
Sell MEXC live order book, 5 min ago	0.31 bp	1.6 bp −$2	49.9 bp −$499	234.1 bp −$23.4K	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
RISEx VVV/USDC	−0.0337%	1h	31.587	−0.215%	$387K	$658K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.520	−0.425%	$187K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0035%	1h	31.605	−0.160%	$88K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.617	−0.120%	$92K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.635	−0.063%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.680%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.634	−0.067%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.639	−0.051%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.602	−0.166%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.607	−0.153%	$147K	$933K	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	31.656	+0.003%	$70.9M	$45.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.648	−0.021%	$251K	$666K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.606	−0.154%	$186K	$124K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.654	−0.004%	$33.9M	$114.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.630	−0.079%	$38.6M	$40.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.650	−0.016%	$4.9M	$28.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.642	−0.041%	$11.6M	$5.2M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.669	+0.044%	$7.0M	$5.3M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.647	−0.025%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.649	−0.019%	$5.8M	$6.7M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	31.655	long leg	—	$4.7M	—
Variational Omni VVV	+0.0100%	4h	31.569	−0.271%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.585	−0.221%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.623	−0.101%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.648	−0.022%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.642	−0.041%	$308K	$1.5M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.636	−0.059%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.651	−0.012%	$79K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0147%	4h	31.647	−0.025%	$1.4M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0176%	1h	31.611	−0.139%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.603	−0.164%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0438% / S −0.0210%	1h	31.627	−0.089%	$509K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0453%	1h	31.669	+0.043%	$164K	$274K	5x	as long as short