Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h +0.061%

Price spread now: RISEx against MEXC+0.151%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$270.271% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.295%+$30 on $10k

Price spread, last 7 days−0.191%−$19 · spread now +0.151%, 7d avg −0.046%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.197% dearer against MEXC than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of −0.046%): +$20 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 30 days. Mind the row above: over the last 3 days funding on this pair paid +0.295%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	32.462	0.0100	pay 0.0050% / 4h	2h 03m	$17.5M	$7.0M	50x
Short	RISEx VVV/USDC	32.511	0.0078	get 0.0010% / 1h	3m 35s	$413K	$577K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.151%Rate

Funding earned: −$4.65
Price spread: +0.151% → −0.046%: $19.68
Slippage, 4 orders: −$21.14
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$12.11
Costs to cover: 0.271%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; RISEx: live order book, 20 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, 5 min ago	0.62 bp	15.1 bp −$15	62.0 bp −$620	doesn't fit	doesn't fit
Sell RISEx live order book, 20 min ago	1.91 bp	5.0 bp −$5	doesn't fit	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	32.451	−0.034%	$106K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.436	−0.081%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.423	−0.120%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.103%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	32.454	−0.025%	$57K	$292K	5x	as long as short
BloFin VVV-USDT	+0.0077%	4h	32.466	+0.012%	$1.3M	$1.8M	25x	as long as short
RISEx VVV/USDCshort	+0.0078%	1h	32.511	+0.151%	$413K	$577K	5x
Lighter VVV	+0.0096%	1h	32.470	+0.025%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.465	+0.009%	$485K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.538	+0.234%	$150K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	32.474	+0.038%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.473	+0.034%	$193K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.509	+0.146%	$34.3M	$155.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.510	+0.148%	$40.1M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.531	+0.213%	$4.8M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.444	−0.055%	$11.0M	$7.8M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	32.462	long leg	$17.5M	$7.0M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.439	−0.071%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.513	+0.157%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.460	−0.006%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.341	−0.373%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.515	+0.163%	$154K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.438	−0.072%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.414	−0.148%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.468	+0.019%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.465	+0.011%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.452	−0.030%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.426	−0.110%	$81K	$331K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.432	−0.092%	$567K	—	100x	as long as short
01 Exchange VVVUSD	+0.0208%	1h	32.566	+0.320%	$12K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.490	+0.086%	$200K	$1.1M	25x	as long as short
Hyperliquid VVV	+0.0292%	1h	32.511	+0.151%	$75.2M	$55.2M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0356%	1h	32.491	+0.088%	$124K	$376K	5x	as long as short