Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%

Price spread now: Extended against edgeX−0.223%53s7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1221.222% of the position

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.223%, 7d avg −0.067%

Together, before fees+0.303%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.156% cheaper against edgeX than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.067%. The two prices were read 53 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	edgeX VVVUSDC	31.021	0.0100	pay 0.0050% / 4h	0m 31s	$77K	$334K	10x
Short	Extended VVV-USD	30.952	0.0104	get 0.0013% / 1h	0m 31s	$296K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.223%Rate

Funding earned: $0.76
Price spread: −0.223% → −0.067%: −$15.63
Slippage, 4 orders: −$108.2
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$137.07
Costs to cover: 1.222%
Break-even: 1269.1 days

Slippage from edgeX: live order book, 58 min ago; Extended: live order book, 3 min ago.

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, 58 min ago	0.81 bp	41.2 bp −$41	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	1.07 bp	19.2 bp −$19	262.5 bp −$2,625	doesn't fit	doesn't fit

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	30.942	−0.254%	$382K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0071%	1h	31.005	−0.052%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.905	−0.376%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.951	−0.228%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0032%	4h	30.972	−0.159%	$10.4M	$6.0M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.799%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.881	−0.451%	$145K	$1.2M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.975	−0.149%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0092%	4h	30.959	−0.201%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.951	−0.226%	$2.1M	$5.3M	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	30.995	−0.085%	$453K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.938	−0.269%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.962	−0.191%	$142K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.995	−0.085%	$70.7M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.990	−0.100%	$248K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.978	−0.140%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.991	−0.097%	$33.2M	$128.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.965	−0.181%	$38.5M	$42.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.987	−0.110%	$4.8M	$32.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.977	−0.143%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.008	−0.043%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.943	−0.252%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.971	−0.162%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.997	−0.079%	$1.9M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.912	−0.352%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.947	−0.239%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDClong	+0.0100%	4h	31.021	long leg	$77K	$334K	10x
Extended VVV-USDshort	+0.0104%	1h	30.952	−0.223%	$296K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	30.950	−0.229%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0139%	8h	31.006	−0.049%	$107K	$5.6M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0164%	1h	30.992	−0.093%	$121K	$248K	5x	as long as short
Phoenix VVV	+0.0182%	1h	31.038	+0.054%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.935	−0.277%	$543K	—	100x	as long as short