Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0438%/8h= −48.0% APRpaid last 24h +0.019%

Price spread now: RISEx against edgeX+0.269%7-day average −0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$970.974% of the position

Long on edgeX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.264%+$26 on $10k

Price spread, last 4 days (all we have)−0.195%−$19 · spread now +0.269%, 7d avg −0.057%

Together, before fees+0.069%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.326% dearer against edgeX than usual: you sell high and buy low (spread +0.269% now, against its 7-day average of −0.057%): +$33 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 4 days funding on this pair paid +0.264%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VVVUSDC	31.099	0.0109	pay 0.0054% / 4h	2h 13m	$77K	$334K	10x
Short	RISEx VVV/USDC	31.183	−0.0329	pay 0.0041% / 1h	13m 05s	$392K	$649K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.269%Rate

Funding earned: −$91.98
Price spread: +0.269% → −0.057%: $32.61
Slippage, 4 orders: −$82.39
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$156.76
Costs to cover: 0.974%
Break-even: never at this rate

Slippage from edgeX: live order book, 35 min ago; RISEx: live order book, 35 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, 35 min ago	1.47 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 35 min ago	2.16 bp	5.2 bp −$5	21.0 bp −$210	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/USDCshort	−0.0329%	1h	31.183	+0.269%	$392K	$649K	5x
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.332	+0.749%	$171K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.121	+0.070%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.142	+0.137%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.533%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0072%	4h	31.160	+0.196%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.131	+0.103%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.142	+0.138%	$455K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.188	+0.287%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.173	+0.237%	$163K	$895K	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	31.158	+0.189%	$70.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.193	+0.301%	$248K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.235	+0.438%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.167	+0.220%	$33.6M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.132	+0.105%	$38.5M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.154	+0.176%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.153	+0.173%	$11.0M	$5.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.159	+0.192%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.155	+0.180%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.125	+0.083%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.149	+0.160%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.009	−0.289%	$1.9M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.160	+0.196%	$117K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.131	+0.103%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.123	+0.077%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.137	+0.122%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.175	+0.242%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0109%	4h	31.099	long leg	$77K	$334K	10x
01 Exchange VVVUSD	+0.0120%	1h	31.205	+0.340%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	+0.0162%	8h	31.183	+0.270%	$104K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.069	−0.097%	$32K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0422% / S −0.0197%	1h	31.135	+0.115%	$498K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0432%	1h	31.161	+0.199%	$112K	$243K	5x	as long as short