Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0019%/8h= +2.0% APRpaid last 24h +0.048%

Price spread now: RISEx against BloFin−0.026%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.173%+$17 on $10k

Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.026%, 7d avg −0.066%

Together, before fees+0.115%+$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and RISEx is 0.040% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	32.362	0.0059	pay 0.0030% / 4h	2h 07m	$1.3M	$1.8M	25x
Short	RISEx VVV/USDC	32.354	0.0078	get 0.0010% / 1h	7m 51s	$412K	$576K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.026%Rate

Funding earned: $3.93
Price spread: −0.026% → −0.066%: $4.02
Slippage, 4 orders: −$20.32
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$30.38
Costs to cover: 0.383%
Break-even: 61.1 days

Slippage from BloFin: live order book, 10 min ago; RISEx: live order book, 16 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 BloFin live order book, 10 min ago	0.78 bp	15.0 bp −$15	28.4 bp −$284	doesn't fit	doesn't fit
Sell RISEx live order book, 16 min ago	1.91 bp	5.0 bp −$5	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
Kalshi KXVVVPERP	0.0000%	8h	32.388	+0.080%	$114K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.354	−0.025%	$93K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.351	−0.034%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.415%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDTlong	+0.0059%	4h	32.362	long leg	$1.3M	$1.8M	25x
Phoenix VVV	+0.0077%	1h	32.248	−0.352%	$56K	$292K	5x	as long as short
RISEx VVV/USDCshort	+0.0078%	1h	32.354	−0.026%	$412K	$576K	5x
Lighter VVV	+0.0096%	1h	32.362	0.000%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.359	−0.009%	$483K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.361	−0.003%	$149K	$781K	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	32.369	+0.021%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.395	+0.101%	$192K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.414	+0.161%	$34.3M	$155.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.405	+0.133%	$39.9M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.434	+0.222%	$4.8M	$42.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.406	+0.136%	$11.0M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.413	+0.158%	$17.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.376	+0.043%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.387	+0.077%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.427	+0.201%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.319	−0.132%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.342	−0.062%	$156K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.348	−0.044%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.334	−0.087%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.355	−0.022%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.419	+0.175%	$319K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.369	+0.022%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.393	+0.095%	$80K	$330K	10x	as long as short
01 Exchange VVVUSD	+0.0160%	1h	32.419	+0.176%	$12K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.336	−0.080%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.462	+0.309%	$216K	$1.3M	25x	as long as short
Hyperliquid VVV	+0.0237%	1h	32.464	+0.315%	$75.1M	$55.1M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0343%	1h	32.431	+0.213%	$123K	$379K	5x	as long as short