Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Bybit against Paradex−0.068%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Bybit

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.068% cheaper against Paradex than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	30.617	0.0100	pay 0.0100% / 8h	3h 10m	$3K	$73	5x
Short	Bybit VVVUSDT	30.596	0.0100	get 0.0050% / 4h	3h 10m	$38.0M	$42.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now −0.068%Rate

Funding earned: $0
Price spread: −0.068% → 0.000%: −$6.76
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$21.76
Costs to cover: 0.150%
Break-even: 434867.4 days

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 3 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 3 min ago	0.49 bp	19.3 bp −$19	45.2 bp −$452	doesn't fit	doesn't fit

Paradex: 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	−0.0417%	1h	30.553	−0.208%	$375K	$645K	5x	as long as short
Polymarket Perps VVV-USD	−0.0108%	1h	30.602	−0.048%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.083%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.673	+0.183%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.647	+0.099%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.196%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0043%	4h	30.665	+0.158%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.560	−0.185%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.623	+0.021%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.625	+0.027%	$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-PERPlong	+0.0100%	8h	30.617	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.627	+0.035%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.649	+0.106%	$69.1M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.645	+0.093%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.635	+0.060%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.627	+0.034%	$33.0M	$125.3M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	30.596	−0.068%	$38.0M	$42.5M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	30.590	−0.087%	$4.8M	$31.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.603	−0.045%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.638	+0.070%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.635	+0.060%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.594	−0.074%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.598	−0.061%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	+0.064%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.647	+0.098%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.635	+0.060%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.597	−0.065%	$293K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.662	+0.148%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.684	+0.220%	$76K	$332K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.651	+0.112%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0281%	8h	30.646	+0.096%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0300%	1h	30.656	+0.127%	$120K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.641	+0.080%	$534K	—	100x	as long as short