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 −0.031%

Price spread now: Bybit against MEXC−0.073%7-day average −0.092% · you buy dearer than you sell

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.555% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days−0.067%−$7 · spread now −0.073%, 7d avg −0.092%

Together, before fees−0.188%−$19 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	32.190	0.0100	pay 0.0050% / 4h	1h 22m	$6.3M	$7.1M	50x
Short	Bybit VVVUSDT	32.167	0.0100	get 0.0050% / 4h	1h 22m	$39.6M	$52.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.073%Rate

Funding earned: $0
Price spread: −0.073% → −0.092%: $1.96
Slippage, 4 orders: −$44.45
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$53.49
Costs to cover: 0.555%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 2 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, 1 min ago	3.11 bp	5.0 bp −$5	53.7 bp −$537	236.7 bp −$23.7K	doesn't fit
Sell Bybit live order book, 2 min ago	0.78 bp	20.7 bp −$21	77.0 bp −$770	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
Kalshi KXVVVPERP	0.0000%	8h	32.164	−0.081%	$106K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.177	−0.041%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.172	−0.057%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.957%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0059%	4h	32.139	−0.158%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.197	+0.022%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.171	−0.059%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.033	−0.488%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.141	−0.151%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.148	−0.131%	$264K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.144	−0.144%	$184K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.185	−0.015%	$33.6M	$157.5M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	32.167	−0.073%	$39.6M	$52.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.179	−0.034%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.168	−0.068%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	32.190	long leg	$6.3M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.161	−0.090%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.165	−0.078%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.169	−0.065%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.077	−0.350%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.134	−0.174%	$137K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.189	−0.003%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.196	+0.019%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.140	−0.155%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.189	−0.002%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.145	−0.139%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	32.073	−0.364%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.217	+0.082%	$217K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.148	−0.129%	$394K	$598K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0187% / S +0.0167%	1h	32.172	−0.056%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0225%	1h	32.167	−0.072%	$121K	$375K	5x	as long as short
01 Exchange VVVUSD	+0.0384%	1h	32.173	−0.053%	$11K	$3K	3x	as long as short
Hyperliquid VVV	+0.0400%	1h	32.179	−0.034%	$74.7M	$56.1M	3x	as long as short