Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Paradex against Derive+0.181%158s7-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 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.181% dearer against Derive than usual: you sell high and buy low, +$18 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 158 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	Derive VVV-PERP	31.411	0.0100	pay 0.0013% / 1h	59m 41s	$3K	$3K	5x
Short	Paradex VVV-USD-PERP	31.468	0.0100	get 0.0100% / 8h	7h 59m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.181%Rate

Funding earned: $0
Price spread: +0.181% → 0.000%: $18.11
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: $8.11
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Derive: 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 Derive no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Derive 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	−0.0349%	1h	31.461	+0.158%	$385K	$671K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0052%	1h	31.422	+0.034%	$87K	$22K	10x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.592	+0.577%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.461	+0.160%	$93K	$5.3M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.433	+0.072%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.486%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0086%	4h	31.465	+0.172%	$11.8M	$4.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.463	+0.168%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.458	+0.150%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.468	+0.181%	$3K	$73	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.430	+0.062%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.483	+0.229%	$70.2M	$44.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.464	+0.170%	$249K	$548K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.472	+0.196%	$185K	$121K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.459	+0.152%	$33.5M	$111.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.458	+0.151%	$38.4M	$39.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.474	+0.201%	$4.8M	$27.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.467	+0.179%	$6.9M	$4.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.430	+0.061%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.460	+0.156%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.486	+0.239%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.421	+0.031%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.434	+0.074%	$130K	$1.3M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.411	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.450	+0.125%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.466	+0.174%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.436	+0.078%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.458	+0.150%	$78K	$331K	10x	as long as short
01 Exchange VVVUSD	+0.0136%	1h	31.489	+0.249%	$11K	$2K	3x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.419	+0.026%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.454	+0.137%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0215%	1h	31.428	+0.053%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0514%	1h	31.469	+0.186%	$160K	$269K	5x	as long as short