Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.033%

Price spread now: Polymarket Perps against edgeX−0.052%64s7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$101as 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−$830.826% of the position

Long on edgeX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.180%−$18 on $10k

Price spread, last 3 days (all we have)+0.270%+$27 · spread now −0.052%, 7d avg −0.051%

Together, before fees+0.090%+ Points / potential airdropedgeX: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 64 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	31.932	0.0120	pay 0.0060% / 4h	4m 28s	$79K	$334K	10x
Short	Polymarket Perps VVV-USD	31.915	−0.0040	pay 0.0005% / 1h	4m 28s	$146K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$33.53
Price spread: −0.052% → −0.051%: −$0.08
Slippage, 4 orders: −$65.64
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$116.26
Costs to cover: 0.826%
Break-even: never at this rate

Slippage from edgeX: live order book, 9 min ago; Polymarket Perps: live order book, 4 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, 9 min ago	0.79 bp	30.3 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	3.30 bp	7.3 bp −$7	7.9 bp −$79	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
Polymarket Perps VVV-USDshort	−0.0040%	1h	31.915	−0.052%	$146K	$1.2M	3x
01 Exchange VVVUSD	0.0000%	1h	31.937	+0.017%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.934	+0.007%	$107K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.911	−0.066%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.941	+0.029%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.782%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.943	+0.034%	$393K	$601K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.935	+0.011%	$2.2M	$6.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.932	+0.001%	$475K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.947	+0.047%	$126K	$850K	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	31.965	+0.105%	$74.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.941	+0.030%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.958	+0.084%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.938	+0.019%	$33.5M	$155.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.923	−0.027%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.939	+0.023%	$4.6M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.928	−0.011%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.947	+0.048%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.934	+0.007%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.925	−0.021%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.943	+0.036%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.870	−0.194%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.933	+0.003%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.927	−0.015%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.945	+0.042%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.945	+0.043%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.933	+0.004%	$6K	$13K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0117%	1h	31.949	+0.054%	$124K	$348K	5x	as long as short
edgeX VVVUSDClong	+0.0120%	4h	31.932	long leg	$79K	$334K	10x
Phoenix VVV	+0.0124%	1h	31.948	+0.051%	$56K	$299K	5x	as long as short
BloFin VVV-USDT	+0.0143%	4h	31.929	−0.008%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.912	−0.060%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.084%	$242K	$1.3M	25x	as long as short