Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h +0.053%

Price spread now: edgeX against gTrade (Gains Network)−0.096%68s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 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 · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.096% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 3.0 days of funding at the current rate (+$3 a day). The two prices were read 68 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	gTrade (Gains Network) VVV/USD	30.643	L +0.0004% / S −0.0002%	pay 0.0000% / 1h	35m 45s	$21K	—	150x
Short	edgeX VVVUSDC	30.614	0.0111	get 0.0055% / 4h	2h 35m	$76K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now −0.096%Rate

Funding earned: $22.45
Price spread: −0.096% → 0.000%: −$9.6
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$8.15
Costs to cover: 0.210%
Break-even: 9.5 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 12 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 12 min ago	1.47 bp	72.2 bp −$72	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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 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	−0.0329%	1h	30.637	−0.019%	$380K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.043%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0002%	1h	30.643	long leg	$21K	—	150x
Deribit VVV_USDC-PERPETUAL	+0.0011%	1h	30.656	+0.043%	$85K	$22K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.104%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	30.626	−0.056%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0065%	1h	30.652	+0.029%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.670	+0.088%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.684	+0.133%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.696	+0.173%	$447K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.660	+0.055%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.673	+0.098%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.690	+0.153%	$69.2M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.673	+0.099%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.671	+0.090%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.680	+0.120%	$33.1M	$121.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.665	+0.071%	$38.0M	$41.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.672	+0.094%	$4.8M	$30.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.659	+0.052%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.680	+0.120%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.652	+0.029%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.656	+0.042%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.698	+0.179%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.640	−0.011%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.645	+0.006%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.671	+0.091%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.670	+0.089%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.651	+0.024%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0111%	4h	30.614	−0.096%	$76K	$332K	10x
Kalshi KXVVVPERP	+0.0201%	8h	30.660	+0.055%	$93K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.579	−0.209%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0399%	1h	30.687	+0.143%	$120K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.642	−0.004%	$535K	—	100x	as long as short