Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0399%/8h= −43.7% APRpaid last 24h +0.042%

Price spread now: RISEx against BingX+0.020%7-day average −0.018% · 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−$44as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on BingX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.288%+$29 on $10k

Price spread, last 7 days−0.023%−$2 · spread now +0.020%, 7d avg −0.018%

Together, before fees+0.265%+$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.038% dearer against BingX than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.018%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 4 days funding on this pair paid +0.288%, 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	BingX VVV-USDT	30.611	0.0100	pay 0.0050% / 4h	46m 23s	—	$5.1M	—
Short	RISEx VVV/USDC	30.617	−0.0299	pay 0.0037% / 1h	46m 23s	$375K	$641K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$83.79
Price spread: +0.020% → −0.018%: $3.82
Slippage, 4 orders: −$31.49
Fee BingX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$127.46
Costs to cover: 0.475%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; RISEx: live order book, 12 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, 4 min ago	1.63 bp	16.9 bp −$17	40.0 bp −$400	337.5 bp −$33.8K	810.7 bp −$405.3K
Sell RISEx live order book, 12 min ago	2.84 bp	6.0 bp −$6	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
RISEx VVV/USDCshort	−0.0299%	1h	30.617	+0.020%	$375K	$641K	5x
Polymarket Perps VVV-USD	−0.0120%	1h	30.613	+0.007%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.621	+0.033%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.619	+0.026%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.636	+0.082%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0020%	4h	30.598	−0.042%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.216%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.500	−0.363%	$147K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.640	+0.093%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.654	+0.140%	$448K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.646	+0.115%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.636	+0.082%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.641	+0.099%	$69.9M	$50.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.603	−0.026%	$245K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.655	+0.144%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.619	+0.026%	$32.5M	$133.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.611	+0.001%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.621	+0.033%	$4.7M	$34.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.633	+0.072%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.625	+0.046%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.619	+0.026%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDTlong	+0.0100%	4h	30.611	long leg	—	$5.1M	—
Variational Omni VVV	+0.0100%	4h	30.687	+0.247%	$1.9M	$279K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.629	+0.059%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.688	+0.252%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.618	+0.024%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.596	−0.049%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0109%	4h	30.704	+0.304%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.578	−0.109%	$76K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0161%	8h	30.574	−0.121%	$104K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.618	+0.022%	$552K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.679	+0.222%	$34K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0251%	1h	30.676	+0.211%	$119K	$258K	5x	as long as short