Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h 0.000%

Price spread now: Coinbase International against Paradex+0.693%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Coinbase International

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.693% dearer against Paradex than usual: you sell high and buy low: +$69 more if the spread 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	31.665	0.0100	pay 0.0100% / 8h	6h 26m	$3K	$73	5x
Short	Coinbase International VVV-PERP-INTX	31.885	0.0208	get 0.0026% / 1h	26m 27s	$234K	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.693%Rate

Funding earned: $22.7
Price spread: +0.693% → 0.000%: $69.26
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $77.96
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; Coinbase International: 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 Paradex no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 2 min ago	6.39 bp	20.6 bp −$21	27.7 bp −$277	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 32 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	−0.0111%	1h	31.695	+0.094%	$398K	$621K	5x	as long as short
Gate VVV_USDT	−0.0046%	4h	31.713	+0.151%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0019%	1h	31.705	+0.125%	$146K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.844	+0.564%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.929	+0.833%	$49K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.806	+0.445%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.730	+0.206%	$2K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.647%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDT	+0.0070%	4h	31.723	+0.181%	$38.9M	$50.6M	20x	as long as short
Lighter VVV	+0.0096%	1h	31.758	+0.293%	$2.1M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.768	+0.324%	$469K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.665	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	31.706	+0.130%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.746	+0.256%	$73.2M	$53.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.729	+0.201%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.768	+0.323%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.738	+0.230%	$33.7M	$149.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.731	+0.208%	$4.7M	$40.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.736	+0.223%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.724	+0.185%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.713	+0.151%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.736	+0.223%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.714	+0.155%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.712	+0.148%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.807	+0.448%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.686	+0.066%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.741	+0.239%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.713	+0.151%	$11K	$3K	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.841	+0.555%	$79K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.720	+0.174%	$574K	—	100x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0208%	1h	31.885	+0.693%	$234K	$1.2M	25x
Backpack VVV_USDC_PERP	+0.0315%	1h	31.811	+0.459%	$123K	$317K	5x	as long as short