Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Phemex against Pacifica−0.046%7-day average +0.025% · you buy dearer than you sell

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

Long on Pacifica Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.150%+$15 · spread now −0.046%, 7d avg +0.025%

Together, before fees+0.150%+ Points / potential airdropPacifica: Active · farm board+$15 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: Phemex is 0.071% cheaper against Pacifica than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	30.640	0.0100	pay 0.0013% / 1h	11m 45s	$181K	$132K	10x
Short	Phemex VVVUSDT	30.626	0.0100	get 0.0050% / 4h	3h 11m	$2.0M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → +0.025%: −$7.14
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$27.14
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 41 min ago; Phemex: live order book, 2 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, 41 min ago	4.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	1.63 bp	45.0 bp −$45	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
RISEx VVV/USDC	−0.0417%	1h	30.614	−0.085%	$375K	$644K	5x	as long as short
Polymarket Perps VVV-USD	−0.0109%	1h	30.591	−0.160%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.007%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.613	−0.088%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.617	−0.076%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.115%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.617	−0.075%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.626	−0.047%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.631	−0.030%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.629	−0.037%	$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	30.622	−0.057%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.637	−0.010%	$69.1M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.644	+0.011%	$244K	$1.1M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	30.640	long leg	$181K	$132K	10x
Binance VVVUSDT	+0.0100%	4h	30.625	−0.049%	$33.0M	$125.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.625	−0.049%	$38.1M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.645	+0.016%	$4.8M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.622	−0.059%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.628	−0.039%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.631	−0.030%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.611	−0.095%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.640	0.000%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.564	−0.248%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.612	−0.091%	$3K	$3K	5x	as long as short
Phemex VVVUSDTshort	+0.0100%	4h	30.626	−0.046%	$2.0M	$2.1M	50x
Extended VVV-USD	+0.0104%	1h	30.612	−0.092%	$293K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.623	−0.057%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	30.668	+0.092%	$76K	$334K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.651	+0.036%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0151%	4h	30.705	+0.212%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERP	+0.0265%	8h	30.663	+0.075%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0302%	1h	30.641	+0.003%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.600	−0.132%	$534K	—	100x	as long as short