Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: BingX against MEXC+0.041%7-day average −0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$440.442% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.003%$0 on $10k

Price spread, last 7 days−0.088%−$9 · spread now +0.041%, 7d avg −0.028%

Together, before fees−0.086%−$9 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: BingX is 0.070% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.655	0.0100	pay 0.0050% / 4h	2h 49m	$6.4M	$6.9M	50x
Short	BingX VVV-USDT	31.668	0.0100	get 0.0050% / 4h	2h 49m	—	$5.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.028%: $6.95
Slippage, 4 orders: −$34.15
Fee MEXC: 0 bp × 2 orders: $0
Fee BingX: 5 bp × 2 orders: −$10
Net: −$37.2
Costs to cover: 0.442%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; BingX: live order book, 15 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 MEXC live order book, 3 min ago	0.95 bp	6.3 bp −$6	58.5 bp −$585	242.4 bp −$24.2K	doesn't fit
Sell BingX live order book, 15 min ago	0.16 bp	13.2 bp −$13	35.1 bp −$351	243.1 bp −$24.3K	620.7 bp −$310.4K

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
Bybit VVVUSDT	−0.0234%	4h	31.657	+0.008%	$38.6M	$51.8M	20x	as long as short
Polymarket Perps VVV-USD	−0.0130%	1h	31.642	−0.041%	$144K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0124%	4h	31.646	−0.028%	$10.6M	$7.0M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.630	−0.078%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.677	+0.069%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.638	−0.054%	$53K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.649	−0.020%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.660	+0.016%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.647	−0.025%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.680%	$2K	$1K	5.5x	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	31.632	−0.073%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.622	−0.104%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.638	−0.054%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.645	−0.032%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.680	+0.079%	$73.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.669	+0.045%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.664	+0.029%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.664	+0.027%	$33.5M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.665	+0.032%	$4.7M	$40.9M	20x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.655	long leg	$6.4M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.635	−0.063%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.627	−0.088%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	31.668	+0.041%	—	$5.5M	—
Variational Omni VVV	+0.0100%	4h	31.570	−0.268%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.631	−0.075%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.641	−0.044%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.641	−0.045%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.624	−0.098%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0112%	4h	31.584	−0.224%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0117%	4h	31.637	−0.057%	$79K	$335K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0157%	1h	31.681	+0.082%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.656	+0.002%	$572K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.383%	$243K	$1.2M	25x	as long as short