Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.047%

Price spread now: MEXC against Gate+0.057%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$60as in the Price arb table

costs, in and out, $10k−$550.553% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.159%+$16 on $10k

Price spread, last 7 days+0.071%+$7 · spread now +0.057%, 7d avg +0.102%

Together, before fees+0.229%+$23 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.045% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	31.508	0.0100	pay 0.0050% / 4h	2h 34m	$10.7M	$7.7M	25x
Short	MEXC VVV_USDT	31.526	0.0100	get 0.0050% / 4h	2h 34m	$17.0M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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 GatebpFee MEXCbpOrdersPrice spread, now +0.057%Rate

Funding earned: $0
Price spread: +0.057% → +0.102%: −$4.49
Slippage, 4 orders: −$40.3
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$59.79
Costs to cover: 0.553%
Break-even: never at this rate

Slippage from Gate: live order book, 4 min ago; MEXC: 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 Gate live order book, 4 min ago	2.39 bp	19.3 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.43 bp	4.1 bp −$4	51.2 bp −$512	257.3 bp −$25.7K	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
01 Exchange VVVUSD	−0.0008%	1h	31.524	+0.051%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0001%	1h	31.491	−0.053%	$90K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.532	+0.076%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.520	+0.037%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.164%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0046%	4h	31.458	−0.159%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0050%	1h	31.489	−0.060%	$135K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.403%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.514	+0.020%	$386K	$571K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.498	−0.032%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.488	−0.063%	$467K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.520	+0.036%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.544	+0.114%	$71.9M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.518	+0.032%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.531	+0.074%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.507	−0.003%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.511	+0.009%	$38.8M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.500	−0.025%	$4.7M	$41.1M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	31.508	long leg	$10.7M	$7.7M	25x
MEXC VVV_USDTshort	+0.0100%	4h	31.526	+0.057%	$17.0M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.495	−0.041%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.501	−0.022%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.517	+0.029%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.438	−0.221%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.491	−0.053%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.481	−0.086%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.520	+0.037%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.494	−0.044%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.506	−0.006%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.406%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0201%	1h	31.524	+0.050%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.550	+0.133%	$190K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.505	−0.008%	$538K	—	100x	as long as short