Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0009%/8h= +0.9% APRpaid last 24h +0.025%

Price spread now: edgeX against Pacifica−0.319%52s7-day average +0.039% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.080%+$8 on $10k

Price spread, last 4 days (all we have)+0.306%+$31 · spread now −0.319%, 7d avg +0.039%

Together, before fees+0.386%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$39 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: edgeX is 0.359% cheaper against Pacifica than usual: you would sell low and buy high, −$36 on $10k if it goes back to its 7-day average of +0.039%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	31.470	0.0100	pay 0.0013% / 1h	42m 48s	$186K	$128K	10x
Short	edgeX VVVUSDC	31.370	0.0109	get 0.0054% / 4h	1h 42m	$78K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now −0.319%Rate

Funding earned: $1.81
Price spread: −0.319% → +0.039%: −$35.87
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$51.06
Costs to cover: 0.170%
Break-even: 204.4 days

Slippage unknown: Pacifica: live order book, 65 min ago; edgeX: live order book, 65 min ago. 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 Pacifica live order book, 65 min ago	5.36 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 65 min ago	1.47 bp	72.2 bp −$72	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.529	+0.187%	$190K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.515	+0.142%	$386K	$649K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.485	+0.048%	$87K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.503	+0.106%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.504	+0.107%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.535	+0.207%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.290%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.438	−0.102%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.442	−0.089%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.459	−0.035%	$3K	$73	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	31.483	+0.040%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.477	+0.023%	$70.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.498	+0.090%	$250K	$1.0M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	31.470	long leg	$186K	$128K	10x
Binance VVVUSDT	+0.0100%	4h	31.479	+0.029%	$33.9M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.449	−0.067%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.436	−0.108%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.463	−0.022%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.464	−0.019%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.467	−0.010%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.431	−0.124%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.467	−0.010%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.270	−0.635%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.511	+0.130%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.500	+0.094%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.483	+0.041%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.470	−0.001%	$301K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.481	+0.034%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0109%	4h	31.370	−0.319%	$78K	$333K	10x
BloFin VVV-USDT	+0.0119%	4h	31.467	−0.010%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.402	−0.216%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0429% / S −0.0200%	1h	31.502	+0.101%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0495%	1h	31.500	+0.097%	$150K	$264K	5x	as long as short