Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0179%/8h= +19.6% APRpaid last 24h +0.011%

Price spread now: Paradex against Deribit−0.038%7-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 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

Funding pays, the price is against you. Paradex is 0.038% cheaper against Deribit than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	30.641	−0.0080	get 0.0010% / 1h	45m 01s	$85K	$24K	10x
Short	Paradex VVV-USD-PERP	30.629	0.0100	get 0.0100% / 8h	4h 45m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.038%Rate

Funding earned: $37.68
Price spread: −0.038% → 0.000%: −$3.84
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Paradex: 2 bp × 2 orders: −$4
Net: $22.84
Costs to cover: 0.110%
Break-even: 2.8 days

Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Deribit and 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	−0.0299%	1h	30.630	−0.033%	$376K	$637K	5x	as long as short
Polymarket Perps VVV-USD	−0.0125%	1h	30.640	−0.002%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUALlong	−0.0080%	1h	30.641	long leg	$85K	$24K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.643	+0.008%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.650	+0.031%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0020%	4h	30.636	−0.015%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.113%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.500	−0.459%	$147K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0087%	4h	30.659	+0.060%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.645	+0.014%	$2.0M	$5.2M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.651	+0.034%	$448K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	30.629	−0.038%	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.654	+0.044%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.657	+0.054%	$69.9M	$50.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.653	+0.042%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.655	+0.046%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.661	+0.067%	$32.7M	$133.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.646	+0.017%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.672	+0.102%	$4.7M	$34.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.657	+0.054%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.634	−0.022%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.643	+0.008%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.655	+0.047%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.612	−0.092%	$1.9M	$286K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.643	+0.006%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.655	+0.047%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.644	+0.012%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.633	−0.026%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	30.603	−0.124%	$76K	$335K	10x	as long as short
Kalshi KXVVVPERP	+0.0159%	8h	30.664	+0.076%	$102K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.636	−0.015%	$552K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.622	−0.061%	$33K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0248%	1h	30.671	+0.100%	$119K	$258K	5x	as long as short