Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0041%/8h= −4.5% APRpaid last 24h −0.008%

Price spread now: Paradex against BloFin−0.046%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	31.771	0.0141	pay 0.0071% / 4h	3h 47m	$1.3M	$1.4M	25x
Short	Paradex VVV-USD-PERP	31.757	0.0100	get 0.0100% / 8h	7h 47m	$3K	$63	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against BloFin. 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 BloFinbpFee ParadexbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$8.69
Price spread: −0.046% → 0.000%: −$4.56
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$29.26
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 5 min ago; Paradex: no order-book sample. Net counts fees only.

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 BloFin live order book, 5 min ago	0.32 bp	15.3 bp −$15	33.8 bp −$338	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0349%	1h	31.511	−0.820%	$393K	$670K	5x	as long as short
Phemex VVVUSDT	−0.0269%	4h	31.768	−0.009%	$2.0M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.772	+0.003%	$98K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.801	+0.093%	$192K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.774	+0.008%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.302%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.766	−0.016%	$2.0M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.765	−0.019%	$468K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.757	−0.046%	$3K	$63	5x
Nado VVV-PERP	+0.0100%	1h	31.724	−0.146%	$192K	$973K	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	31.753	−0.058%	$70.8M	$43.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.747	−0.075%	$251K	$499K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.805	+0.108%	$187K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.767	−0.013%	$33.8M	$108.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.755	−0.049%	$38.8M	$39.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.760	−0.035%	$4.9M	$26.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.733	−0.120%	$11.9M	$4.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.768	−0.009%	$7.1M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.734	−0.116%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.765	−0.019%	$5.8M	$6.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.773	+0.006%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	−0.843%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.701	−0.220%	$131K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.507	−0.831%	$3K	$3K	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.760	−0.034%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.744	−0.086%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.540	−0.727%	$78K	$330K	10x	as long as short
BloFin VVV-USDTlong	+0.0141%	4h	31.771	long leg	$1.3M	$1.4M	25x
Phoenix VVV	+0.0229%	1h	31.551	−0.692%	$33K	$201K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0216%	1h	31.517	−0.799%	$507K	—	100x	as long as short
01 Exchange VVVUSD	+0.0448%	1h	31.773	+0.006%	$11K	$2K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0449%	1h	31.779	+0.025%	$88K	$22K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0893%	1h	31.622	−0.470%	$161K	$266K	5x	as long as short