Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0010%/8h= +1.1% APRpaid last 24h +0.034%

Price spread now: edgeX against Derive+0.067%7-day average — · you sell dearer than you buy

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

Long on Derive Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.067% dearer against Derive than usual: you sell high and buy low: +$7 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	Derive VVV-PERP	31.310	0.0100	pay 0.0013% / 1h	5m 23s	$3K	$3K	5x
Short	edgeX VVVUSDC	31.331	0.0110	get 0.0055% / 4h	2h 05m	$78K	$335K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Derive. 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 DerivebpFee edgeXbpOrdersPrice spread, now +0.067%Rate

Funding earned: $2.08
Price spread: +0.067% → 0.000%: $6.73
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$6.18
Costs to cover: 0.150%
Break-even: 27.8 days

Slippage unknown: Derive: no order-book sample; edgeX: live order book, 63 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 Derive no order-book sample	—	—	—	—	—
Sell edgeX live order book, 63 min ago	1.41 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

Derive: 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	−0.0111%	1h	31.326	+0.049%	$384K	$639K	5x	as long as short
Polymarket Perps VVV-USD	−0.0023%	1h	31.309	−0.004%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0016%	4h	31.323	+0.041%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.191%	$42K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.323	+0.039%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.335	+0.078%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.822%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.331	+0.067%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.320	+0.031%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.334	+0.076%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.331	+0.068%	$130K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.344	+0.108%	$72.3M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.367	+0.181%	$254K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.352	+0.134%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.343	+0.103%	$33.3M	$147.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.319	+0.029%	$38.4M	$50.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.328	+0.057%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.342	+0.101%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.353	+0.137%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.312	+0.006%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.331	+0.066%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.307	−0.010%	$2.1M	$185K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.310	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.346	+0.114%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.324	+0.045%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.337	+0.084%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0110%	8h	31.375	+0.207%	$112K	$6.3M	1.7x	as long as short
edgeX VVVUSDCshort	+0.0110%	4h	31.331	+0.067%	$78K	$335K	10x
01 Exchange VVVUSD	+0.0120%	1h	31.344	+0.108%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0124%	1h	31.315	+0.015%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	+0.074%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0282%	1h	31.336	+0.082%	$121K	$315K	5x	as long as short