Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0429%/8h= −47.0% APRpaid last 24h +0.043%

Price spread now: RISEx against Bitget+0.101%7-day average +0.021% · 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−$45as in the Price arb table

costs, in and out, $10k−$530.533% of the position

Long on Bitget Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.334%+$33 on $10k

Price spread, last 7 days−0.079%−$8 · spread now +0.101%, 7d avg +0.021%

Together, before fees+0.256%+$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.080% dearer against Bitget than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.021%): +$8 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 4 days funding on this pair paid +0.334%, 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	Bitget VVVUSDT	31.023	0.0100	pay 0.0050% / 4h	2h 19m	$5.7M	$7.1M	20x
Short	RISEx VVV/USDC	31.054	−0.0329	pay 0.0041% / 1h	19m 17s	$394K	$647K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.101%Rate

Funding earned: −$90.18
Price spread: +0.101% → +0.021%: $8.01
Slippage, 4 orders: −$35.34
Fee Bitget: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$135.51
Costs to cover: 0.533%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; RISEx: live order book, 29 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	4.20 bp	24.0 bp −$24	52.5 bp −$525	doesn't fit	doesn't fit
Sell RISEx live order book, 29 min ago	2.16 bp	5.2 bp −$5	21.0 bp −$210	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	−0.0329%	1h	31.054	+0.101%	$394K	$647K	5x
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−1.267%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.032	+0.031%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.792%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0037%	1h	31.021	−0.005%	$86K	$22K	10x	as long as short
Lighter VVV	+0.0096%	1h	31.073	+0.162%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.092	+0.222%	$453K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.068	+0.144%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.105	+0.263%	$164K	$893K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.076	+0.171%	$70.0M	$47.9M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.106	+0.266%	$247K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.098	+0.243%	$183K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.060	+0.119%	$33.5M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.029	+0.018%	$38.5M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.014	−0.029%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.063	+0.129%	$10.9M	$5.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.092	+0.222%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.091	+0.219%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.023	long leg	$5.7M	$7.1M	20x
BingX VVV-USDT	+0.0100%	4h	31.044	+0.068%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.914	−0.351%	$1.9M	$351K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.053	+0.097%	$116K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.024	+0.002%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.055	+0.103%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.978	−0.144%	$77K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.015	−0.025%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.139	+0.374%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.094	+0.229%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0148%	4h	30.951	−0.232%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERP	+0.0181%	8h	31.062	+0.126%	$99K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.966	−0.184%	$32K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0421% / S −0.0196%	1h	31.019	−0.012%	$497K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0427%	1h	31.116	+0.299%	$116K	$239K	5x	as long as short