Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0139%/8h= −15.3% APRpaid last 24h −0.033%

Price spread now: Deribit against MEXC−0.098%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.158%−$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Deribit is 0.098% cheaper against MEXC than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.820	0.0100	pay 0.0050% / 4h	2h 26m	$17.1M	$6.9M	50x
Short	Deribit VVV_USDC-PERPETUAL	31.789	−0.0039	pay 0.0005% / 1h	26m 23s	$91K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$29.26
Price spread: −0.098% → 0.000%: −$9.77
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$46.03
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; Deribit: no order-book sample. 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 MEXC live order book, 2 min ago	1.88 bp	4.0 bp −$4	44.7 bp −$447	199.8 bp −$20.0K	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit VVV_USDC-PERPETUALshort	−0.0039%	1h	31.789	−0.098%	$91K	$22K	10x
Kalshi KXVVVPERP	0.0000%	8h	31.870	+0.157%	$118K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.794	−0.082%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.834	+0.044%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.143%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0074%	1h	31.812	−0.025%	$138K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.571	−0.783%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.822	+0.005%	$391K	$576K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.793	−0.085%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.828	+0.025%	$474K	$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
BloFin VVV-USDT	+0.0097%	4h	31.836	+0.050%	$1.3M	$1.7M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.798	−0.069%	$146K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.824	+0.013%	$72.5M	$54.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.820	0.000%	$279K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.860	+0.126%	$189K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.802	−0.057%	$33.6M	$154.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.773	−0.147%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.790	−0.094%	$4.7M	$41.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.797	−0.072%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.820	long leg	$17.1M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.839	+0.060%	$2.2M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.803	−0.053%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.791	−0.091%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.543	−0.870%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.789	−0.096%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.762	−0.182%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.838	+0.056%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.778	−0.132%	$318K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.800	−0.063%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.561	−0.813%	$78K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.847	+0.084%	$205K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0264%	1h	31.866	+0.145%	$120K	$380K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0195%	1h	31.776	−0.138%	$543K	—	100x	as long as short