Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0028%/8h= −3.1% APRpaid last 24h +0.079%

Price spread now: 01 Exchange against MEXC−0.033%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 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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 −$1 a day on $10k at the current rate, and 01 Exchange is 0.033% cheaper against MEXC than usual: you would sell low and buy high (−$3 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	30.680	0.0100	pay 0.0050% / 4h	2h 35m	$6.4M	$5.7M	50x
Short	01 Exchange VVVUSD	30.670	0.0072	get 0.0009% / 1h	35m 58s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.033%Rate

Funding earned: −$5.88
Price spread: −0.033% → 0.000%: −$3.26
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$16.14
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; 01 Exchange: 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	0.98 bp	5.1 bp −$5	50.7 bp −$507	216.6 bp −$21.7K	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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	30.637	−0.139%	$380K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.164%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.643	−0.120%	$21K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0011%	1h	30.656	−0.078%	$85K	$22K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.975%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	30.626	−0.176%	$1.3M	$1.5M	25x	as long as short
Polymarket Perps VVV-USD	+0.0065%	1h	30.652	−0.091%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSDshort	+0.0072%	1h	30.670	−0.033%	$11K	$3K	3x
Lighter VVV	+0.0096%	1h	30.677	−0.011%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.674	−0.020%	$447K	$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
Paradex VVV-USD-PERP	+0.0100%	8h	30.660	−0.065%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.673	−0.023%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.673	−0.023%	$69.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.672	−0.026%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.671	−0.030%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.680	0.000%	$33.1M	$121.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.658	−0.070%	$38.0M	$41.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.660	−0.065%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.663	−0.055%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	30.680	long leg	$6.4M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	30.652	−0.091%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.653	−0.088%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.686	+0.020%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.640	−0.131%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.645	−0.115%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.671	−0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.670	−0.032%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.651	−0.096%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.614	−0.216%	$76K	$332K	10x	as long as short
Kalshi KXVVVPERP	+0.0201%	8h	30.660	−0.065%	$93K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.579	−0.329%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0399%	1h	30.687	+0.022%	$120K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.642	−0.124%	$535K	—	100x	as long as short