Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.029%

Price spread now: Paradex against edgeX−0.394%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 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 airdropedgeX: Active · Paradex: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.394% cheaper against edgeX than usual: you would sell low and buy high (−$39 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	31.796	0.0116	pay 0.0058% / 4h	2h 23m	$79K	$334K	10x
Short	Paradex VVV-USD-PERP	31.671	0.0100	get 0.0100% / 8h	6h 23m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.394%Rate

Funding earned: −$3.41
Price spread: −0.394% → 0.000%: −$39.37
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$55.78
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 45 min ago; 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 edgeX live order book, 45 min ago	1.41 bp	74.7 bp −$75	doesn't fit	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 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	31.627	−0.530%	$388K	$631K	5x	as long as short
Gate VVV_USDT	−0.0052%	4h	31.620	−0.553%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0038%	1h	31.630	−0.522%	$135K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.688	−0.339%	$119K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.792	−0.012%	$48K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.604	−0.605%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.608	−0.592%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.221%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.626	−0.536%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.609	−0.588%	$467K	$1.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange VVVUSD	+0.0096%	1h	31.659	−0.430%	$11K	$3K	3x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.671	−0.394%	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	31.657	−0.438%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.647	−0.468%	$73.0M	$53.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.657	−0.438%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.696	−0.315%	$189K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.641	−0.488%	$33.6M	$149.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.613	−0.576%	$38.7M	$50.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.637	−0.500%	$4.7M	$39.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.640	−0.490%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.663	−0.418%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.608	−0.591%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.631	−0.519%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.714	−0.257%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.601	−0.613%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.649	−0.462%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.615	−0.570%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.642	−0.483%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0116%	4h	31.796	long leg	$79K	$334K	10x
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.604	−0.603%	$572K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.711	−0.268%	$232K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0282%	1h	31.649	−0.462%	$122K	$317K	5x	as long as short