Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0117%/8h= +12.9% APRpaid last 24h +0.040%

Price spread now: edgeX against Deribit−0.037%75s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.184%+$18 on $10k

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

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

Funding pays, the price is against you. edgeX is 0.037% cheaper against Deribit than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day). The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	31.649	0	get 0.0000% / 1h	49m 59s	$88K	$24K	10x
Short	edgeX VVVUSDC	31.637	0.0117	get 0.0059% / 4h	2h 49m	$79K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now −0.037%Rate

Funding earned: $24.66
Price spread: −0.037% → 0.000%: −$3.7
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $4.96
Costs to cover: 0.160%
Break-even: 5.6 days

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 18 min ago. 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 Deribit no order-book sample	—	—	—	—	—
Sell edgeX live order book, 18 min ago	1.41 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Bybit VVVUSDT	−0.0261%	4h	31.650	+0.003%	$38.6M	$51.7M	20x	as long as short
Gate VVV_USDT	−0.0142%	4h	31.641	−0.025%	$10.6M	$7.0M	25x	as long as short
Polymarket Perps VVV-USD	−0.0139%	1h	31.628	−0.066%	$144K	$1.2M	3x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.627	−0.070%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.677	+0.089%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.514	−0.426%	$54K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.649	long leg	$88K	$24K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.631	−0.056%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.642	−0.021%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.701%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0064%	1h	31.635	−0.043%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.611	−0.119%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.631	−0.057%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.640	−0.028%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.671	+0.070%	$73.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.635	−0.042%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.639	−0.030%	$189K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.656	+0.023%	$33.5M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.668	+0.061%	$4.7M	$40.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.650	+0.004%	$6.4M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.626	−0.072%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.630	−0.059%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.662	+0.042%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.570	−0.249%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.631	−0.056%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.641	−0.025%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.662	+0.041%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.624	−0.078%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0112%	4h	31.584	−0.205%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDCshort	+0.0117%	4h	31.637	−0.037%	$79K	$335K	10x
Backpack VVV_USDC_PERP	+0.0157%	1h	31.681	+0.102%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.631	−0.057%	$572K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.363%	$243K	$1.2M	25x	as long as short