Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.050%

Price spread now: gTrade (Gains Network) against MEXC−0.056%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 gTrade (Gains Network)

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—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.056% cheaper against MEXC than usual: you would sell low and buy high (−$6 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	31.159	0.0100	pay 0.0050% / 4h	2h 13m	$6.5M	$5.7M	50x
Short	gTrade (Gains Network) VVV/USD	31.142	L +0.0004% / S −0.0002%	get 0.0000% / 1h	13m 04s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.056%Rate

Funding earned: −$20.5
Price spread: −0.056% → 0.000%: −$5.58
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$38.09
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 5 min ago; gTrade (Gains Network): 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, 5 min ago	0.16 bp	11.7 bp −$12	69.6 bp −$696	233.9 bp −$23.4K	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	31.183	+0.077%	$392K	$649K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.332	+0.556%	$171K	$1.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.121	−0.123%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0002%	1h	31.142	−0.056%	$22K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.331%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0072%	4h	31.160	+0.003%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.131	−0.090%	$2.0M	$4.7M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.142	−0.055%	$455K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.188	+0.094%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.173	+0.045%	$163K	$895K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.158	−0.003%	$70.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.193	+0.108%	$248K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.235	+0.245%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.167	+0.027%	$33.6M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.132	−0.087%	$38.5M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.154	−0.016%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.153	−0.019%	$11.0M	$5.7M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.159	long leg	$6.5M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.155	−0.013%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.125	−0.109%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.149	−0.032%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.009	−0.480%	$1.9M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.160	+0.003%	$117K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.131	−0.089%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.123	−0.116%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.137	−0.071%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.175	+0.050%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.099	−0.192%	$77K	$334K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.205	+0.148%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	+0.0162%	8h	31.183	+0.077%	$104K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.069	−0.289%	$32K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0422% / S −0.0197%	1h	31.135	−0.078%	$498K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0432%	1h	31.161	+0.006%	$112K	$243K	5x	as long as short