Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.033%

Price spread now: MEXC against Deribit+0.057%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.057% dearer against Deribit than usual: you sell high and buy low: +$6 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	Deribit VVV_USDC-PERPETUAL	31.831	0	get 0.0000% / 1h	27m 04s	$91K	$22K	10x
Short	MEXC VVV_USDT	31.849	0.0100	get 0.0050% / 4h	2h 27m	$17.1M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.057%Rate

Funding earned: $21
Price spread: +0.057% → 0.000%: $5.65
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $19.65
Costs to cover: 0.070%
Break-even: 0.4 days

Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 2 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 MEXC live order book, 2 min ago	1.88 bp	6.9 bp −$7	62.9 bp −$629	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
Kalshi KXVVVPERP	0.0000%	8h	31.870	+0.123%	$118K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.831	long leg	$91K	$22K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.841	+0.033%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.852	+0.066%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.107%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0072%	1h	31.823	−0.025%	$137K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.571	−0.817%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.829	−0.006%	$390K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.832	+0.004%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.817	−0.044%	$474K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0097%	4h	31.836	+0.016%	$1.3M	$1.7M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.864	+0.104%	$146K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.868	+0.116%	$72.6M	$54.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.857	+0.080%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.831	0.000%	$189K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.838	+0.022%	$33.7M	$154.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.816	−0.047%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.835	+0.013%	$4.7M	$41.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.817	−0.044%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.849	+0.057%	$17.1M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.823	−0.025%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.819	−0.038%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.829	−0.006%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.543	−0.905%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.836	+0.015%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.774	−0.179%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.838	+0.021%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.834	+0.011%	$318K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.851	+0.063%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.561	−0.847%	$78K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.671	−0.504%	$197K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0264%	1h	31.866	+0.110%	$120K	$380K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0195%	1h	31.836	+0.016%	$544K	—	100x	as long as short