Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.035%

Price spread now: Polymarket Perps against MEXC−0.137%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on MEXC Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 7 days+0.057%+$6 · spread now −0.137%, 7d avg −0.059%

Together, before fees−0.111%−$11 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: Polymarket Perps is 0.078% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.305	0.0100	pay 0.0050% / 4h	1h 58m	$6.6M	$5.6M	50x
Short	Polymarket Perps VVV-USD	31.262	0.0100	get 0.0013% / 1h	58m 30s	$121K	$1.4M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.137%Rate

Funding earned: $0
Price spread: −0.137% → −0.059%: −$7.8
Slippage, 4 orders: −$17.07
Fee MEXC: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$32.88
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Polymarket Perps: live order book, 5 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, 4 min ago	0.48 bp	3.9 bp −$4	60.0 bp −$600	230.3 bp −$23.0K	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	2.39 bp	6.4 bp −$6	7.1 bp −$71	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.194	−0.355%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.270	−0.111%	$384K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.246	−0.189%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.262	−0.139%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.839%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	31.292	−0.042%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.275	−0.095%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.299	−0.019%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.282	−0.073%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.303	−0.005%	$162K	$898K	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	31.301	−0.013%	$70.4M	$48.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.295	−0.031%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.306	+0.003%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.296	−0.029%	$33.8M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.269	−0.114%	$38.5M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.254	−0.163%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.281	−0.077%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.305	long leg	$6.6M	$5.6M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.285	−0.064%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.255	−0.160%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.301	−0.013%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.291	−0.044%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USDshort	+0.0100%	1h	31.262	−0.137%	$121K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.242	−0.203%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.255	−0.160%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.299	−0.018%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.268	−0.119%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0118%	4h	31.271	−0.109%	$1.3M	$1.5M	25x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.345	+0.126%	$78K	$333K	10x	as long as short
Kalshi KXVVVPERP	+0.0126%	8h	31.260	−0.144%	$96K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.393	+0.281%	$33K	$231K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0388%	1h	31.302	−0.011%	$149K	$264K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0199%	1h	31.251	−0.174%	$500K	—	100x	as long as short