Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.008%

Price spread now: Paradex against Coinbase International+1.166%7-day average — · you sell dearer than you buy

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

Long on Coinbase International 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 1.166% dearer against Coinbase International than usual: you sell high and buy low: +$117 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.334	0	get 0.0000% / 1h	14m 12s	$191K	$1.3M	25x
Short	Paradex VVV-USD-PERP	31.700	0.0100	get 0.0100% / 8h	7h 14m	$3K	$50	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now +1.166%Rate

Funding earned: $21
Price spread: +1.166% → 0.000%: $116.58
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: $123.58
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 4 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 Coinbase International live order book, 4 min ago	22.62 bp	27.6 bp −$28	38.0 bp −$380	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 32 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	31.681	+1.106%	$394K	$693K	5x	as long as short
Gate VVV_USDT	−0.0040%	4h	31.671	+1.074%	$12.1M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.725	+1.246%	$109K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.708	+1.191%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTXlong	0.0000%	1h	31.334	long leg	$191K	$1.3M	25x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.717	+1.220%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.741%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0040%	4h	31.721	+1.233%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.718	+1.225%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.702	+1.173%	$468K	$1.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.700	+1.166%	$3K	$50	5x
Nado VVV-PERP	+0.0100%	1h	31.704	+1.181%	$189K	$1.0M	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.732	+1.270%	$71.2M	$43.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.717	+1.219%	$249K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.748	+1.321%	$187K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.710	+1.198%	$33.9M	$104.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.685	+1.118%	$38.6M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.686	+1.122%	$4.8M	$25.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.719	+1.227%	$7.3M	$5.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.690	+1.135%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.694	+1.147%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.732	+1.269%	—	$4.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.688	+1.129%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.722	+1.237%	$131K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.715	+1.214%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.709	+1.196%	$295K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.716	+1.217%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.724	+1.243%	$79K	$325K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.708	+1.192%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0272%	1h	31.747	+1.316%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0446% / S −0.0219%	1h	31.682	+1.110%	$510K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0753%	1h	31.733	+1.270%	$168K	$268K	5x	as long as short