Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: MEXC against OKX+0.065%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.054%−$5 · spread now +0.065%, 7d avg +0.038%

Together, before fees+0.004%$0 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: MEXC is 0.027% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	32.317	0.0100	pay 0.0050% / 4h	50m 07s	$4.7M	$42.9M	20x
Short	MEXC VVV_USDT	32.338	0.0100	get 0.0050% / 4h	50m 07s	$6.4M	$7.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → +0.038%: $2.74
Slippage, 4 orders: −$38.81
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$46.08
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from OKX: live order book, 4 min ago; MEXC: live order book, 3 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 OKX live order book, 4 min ago	0.93 bp	15.3 bp −$15	60.6 bp −$606	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	2.33 bp	9.3 bp −$9	52.0 bp −$520	227.7 bp −$22.8K	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	32.367	+0.155%	$112K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.325	+0.023%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.371	+0.167%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.556%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0035%	1h	32.382	+0.201%	$148K	$1.2M	3x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.367	+0.154%	$397K	$604K	5x	as long as short
BloFin VVV-USDT	+0.0068%	4h	32.319	+0.006%	$1.3M	$1.8M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	32.407	+0.278%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.332	+0.046%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.294	−0.071%	$480K	$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
Nado VVV-PERP	+0.0100%	1h	32.382	+0.203%	$136K	$815K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.329	+0.037%	$74.9M	$55.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.349	+0.100%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.352	+0.108%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.334	+0.051%	$33.8M	$157.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.304	−0.039%	$39.7M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	32.317	long leg	$4.7M	$42.9M	20x
Gate VVV_USDT	+0.0100%	4h	32.329	+0.037%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	32.338	+0.065%	$6.4M	$7.0M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.381	+0.198%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.350	+0.102%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.331	+0.043%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.313	−0.011%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.333	+0.048%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.328	+0.034%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.338	+0.064%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.317	−0.001%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.346	+0.088%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.268	−0.152%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.295	−0.068%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0147%	1h	32.335	+0.057%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0183% / S +0.0170%	1h	32.347	+0.093%	$622K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−0.122%	$242K	$1.3M	25x	as long as short