Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.004%

Price spread now: edgeX against Extended+0.050%93s7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as 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−$1061.056% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.050%, 7d avg +0.058%

Together, before fees−0.020%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	32.046	0.0104	pay 0.0013% / 1h	39m 54s	$304K	$1.9M	5x
Short	edgeX VVVUSDC	32.062	0.0108	get 0.0054% / 4h	3h 39m	$80K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $0.76
Price spread: +0.050% → +0.058%: −$0.77
Slippage, 4 orders: −$91.61
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$105.62
Costs to cover: 1.056%
Break-even: 979.6 days

Slippage from Extended: live order book, 4 min ago; edgeX: live order book, 33 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 Extended live order book, 4 min ago	1.45 bp	19.3 bp −$19	214.0 bp −$2,140	doesn't fit	doesn't fit
Sell edgeX live order book, 33 min ago	0.79 bp	36.5 bp −$37	doesn't fit	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-USD	−0.0292%	1h	32.078	+0.100%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0096%	1h	32.088	+0.131%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.095	+0.155%	$395K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.113	+0.209%	$109K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.084	+0.119%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.110	+0.201%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.120	+0.231%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.416%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0066%	4h	32.047	+0.003%	$10.8M	$7.3M	25x	as long as short
Bybit VVVUSDT	+0.0066%	4h	32.052	+0.019%	$39.4M	$51.6M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.074	+0.088%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.069	+0.072%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.095	+0.153%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.095	+0.153%	$74.4M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.093	+0.147%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.120	+0.232%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.076	+0.094%	$33.7M	$154.9M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.060	+0.044%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.067	+0.066%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.081	+0.109%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.080	+0.106%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.068	+0.069%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.114	+0.211%	$124K	$334K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.057	+0.035%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.100	+0.170%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.087	+0.128%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.098	+0.162%	$3K	$106	5x	as long as short
Extended VVV-USDlong	+0.0104%	1h	32.046	long leg	$304K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	32.084	+0.117%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0108%	4h	32.062	+0.050%	$80K	$333K	10x
BloFin VVV-USDT	+0.0133%	4h	32.063	+0.053%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0120%	1h	32.111	+0.203%	$581K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.103	+0.179%	$247K	$1.3M	25x	as long as short