Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h +0.081%

Price spread now: RISEx against OKX+0.085%7-day average −0.009% · 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−$35as in the Price arb table

costs, in and out, $10k−$440.445% of the position

Long on OKX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.352%+$35 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.085%, 7d avg −0.009%

Together, before fees+0.241%+$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.094% dearer against OKX than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of −0.009%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.352%, 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	OKX VVV-USDT-SWAP	31.997	0.0100	pay 0.0050% / 4h	3h 36m	$4.7M	$41.6M	20x
Short	RISEx VVV/USDC	32.024	−0.0015	pay 0.0002% / 1h	36m 13s	$394K	$601K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$24.11
Price spread: +0.085% → −0.009%: $9.37
Slippage, 4 orders: −$28.49
Fee OKX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$59.23
Costs to cover: 0.445%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; RISEx: live order book, 37 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, 2 min ago	1.56 bp	17.5 bp −$17	69.9 bp −$699	doesn't fit	doesn't fit
Sell RISEx live order book, 37 min ago	1.41 bp	4.6 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
Polymarket Perps VVV-USD	−0.0319%	1h	31.993	−0.013%	$146K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0268%	1h	32.002	+0.017%	$91K	$23K	10x	as long as short
01 Exchange VVVUSD	−0.0104%	1h	32.007	+0.031%	$11K	$3K	3x	as long as short
RISEx VVV/USDCshort	−0.0015%	1h	32.024	+0.085%	$394K	$601K	5x
Gate VVV_USDT	−0.0004%	4h	32.004	+0.022%	$10.7M	$7.3M	25x	as long as short
Bybit VVVUSDT	−0.0003%	4h	32.001	+0.014%	$39.3M	$51.5M	20x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.098	+0.316%	$108K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.084	+0.272%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.035	+0.118%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.572%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0067%	4h	32.050	+0.166%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.998	+0.003%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.003	+0.019%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.034	+0.117%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.039	+0.131%	$74.2M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.019	+0.068%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.053	+0.174%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.020	+0.073%	$33.6M	$154.5M	25x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.997	long leg	$4.7M	$41.6M	20x
MEXC VVV_USDT	+0.0100%	4h	32.030	+0.103%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.046	+0.153%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.014	+0.053%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.013	+0.050%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.084	+0.273%	$124K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.001	+0.011%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.015	+0.058%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.026	+0.091%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.026	+0.091%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.014	+0.054%	$302K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.015	+0.056%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.094	+0.302%	$80K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0120%	1h	32.018	+0.066%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.985	−0.039%	$246K	$1.3M	25x	as long as short