Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.7% APRpaid last 24h −0.045%

Price spread now: Deribit against edgeX−0.148%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$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

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.148% cheaper against edgeX than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VVVUSDC	31.651	0.0109	pay 0.0055% / 4h	43m 02s	$79K	$332K	10x
Short	Deribit VVV_USDC-PERPETUAL	31.605	−0.0035	pay 0.0004% / 1h	43m 02s	$88K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against edgeX. 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 edgeXbpFee DeribitbpOrdersPrice spread, now −0.148%Rate

Funding earned: −$30.19
Price spread: −0.148% → 0.000%: −$14.79
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$60.97
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 60 min ago; Deribit: 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 edgeX live order book, 60 min ago	0.95 bp	47.9 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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
RISEx VVV/USDC	−0.0337%	1h	31.587	−0.203%	$387K	$658K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.520	−0.413%	$187K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUALshort	−0.0035%	1h	31.605	−0.148%	$88K	$22K	10x
Kalshi KXVVVPERP	0.0000%	8h	31.617	−0.108%	$92K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.635	−0.052%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.692%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.634	−0.055%	$2.0M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.639	−0.039%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.602	−0.154%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.607	−0.142%	$147K	$933K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.656	+0.015%	$70.9M	$45.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.630	−0.067%	$250K	$666K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.606	−0.142%	$186K	$124K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.642	−0.031%	$33.8M	$114.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.617	−0.108%	$38.6M	$40.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.639	−0.039%	$4.9M	$28.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.605	−0.146%	$11.6M	$5.2M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.642	−0.029%	$7.0M	$5.3M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.615	−0.115%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.602	−0.156%	$5.8M	$6.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.640	−0.036%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.569	−0.259%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.585	−0.209%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.623	−0.090%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.648	−0.010%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.623	−0.090%	$302K	$1.5M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.636	−0.047%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0109%	4h	31.651	long leg	$79K	$332K	10x
BloFin VVV-USDT	+0.0147%	4h	31.647	−0.014%	$1.4M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0176%	1h	31.611	−0.127%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.603	−0.153%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0438% / S −0.0210%	1h	31.627	−0.077%	$509K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0453%	1h	31.669	+0.055%	$164K	$274K	5x	as long as short