Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0123%/8h= −13.5% APRpaid last 24h −0.004%

Price spread now: Polymarket Perps against Bitget−0.044%7-day average +0.033% · you buy dearer than you sell

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.098%−$10 on $10k

Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.044%, 7d avg +0.033%

Together, before fees+0.025%+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.077% cheaper against Bitget than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.880	0.0100	pay 0.0050% / 4h	9m 28s	$5.8M	$8.9M	20x
Short	Polymarket Perps VVV-USD	31.866	−0.0023	pay 0.0003% / 1h	9m 28s	$146K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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 BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$25.92
Price spread: −0.044% → +0.033%: −$7.69
Slippage, 4 orders: −$33.38
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$86.99
Costs to cover: 0.534%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 Bitget live order book, 4 min ago	4.09 bp	19.8 bp −$20	61.1 bp −$611	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	3.62 bp	7.6 bp −$8	8.0 bp −$80	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	−0.0023%	1h	31.866	−0.044%	$146K	$1.2M	3x
Kalshi KXVVVPERP	0.0000%	8h	31.906	+0.082%	$103K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.922	+0.133%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.893	+0.042%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.877	−0.009%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.949%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.887	+0.022%	$392K	$601K	5x	as long as short
BloFin VVV-USDT	+0.0085%	4h	31.834	−0.144%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.897	+0.054%	$2.2M	$6.0M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.885	+0.016%	$475K	$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
Nado VVV-PERP	+0.0100%	1h	31.897	+0.053%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.901	+0.066%	$74.0M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.884	+0.013%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.912	+0.101%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.879	−0.005%	$33.4M	$156.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.883	+0.010%	$39.1M	$51.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.893	+0.041%	$4.6M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.878	−0.006%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.902	+0.069%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.887	+0.022%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.880	long leg	$5.8M	$8.9M	20x
BingX VVV-USDT	+0.0100%	4h	31.904	+0.075%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.830	−0.156%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.897	+0.053%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.909	+0.091%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.898	+0.056%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.882	+0.007%	$298K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.876	−0.014%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.777	−0.323%	$79K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.787	−0.292%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0130%	1h	31.944	+0.202%	$124K	$354K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.890	+0.031%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.247%	$242K	$1.3M	25x	as long as short