Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Derive against Paradex+0.023%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 Derive

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: Derive is 0.023% dearer against Paradex than usual: you sell high and buy low, +$2 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	32.335	0.0100	pay 0.0100% / 8h	52m 48s	$3K	$106	5x
Short	Derive VVV-PERP	32.342	0.0100	get 0.0013% / 1h	52m 48s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.023%Rate

Funding earned: −$0.01
Price spread: +0.023% → 0.000%: $2.34
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: −$7.66
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Derive: no order-book sample. 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 Derive no order-book sample	—	—	—	—	—

Paradex and Derive: 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
Kalshi KXVVVPERP	0.0000%	8h	32.348	+0.041%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.345	+0.033%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.351	+0.050%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.501%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.325	−0.030%	$397K	$604K	5x	as long as short
BloFin VVV-USDT	+0.0056%	4h	32.369	+0.106%	$1.3M	$1.8M	25x	as long as short
Polymarket Perps VVV-USD	+0.0057%	1h	32.316	−0.058%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	32.302	−0.101%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.346	+0.035%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.324	−0.033%	$480K	$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
Nado VVV-PERP	+0.0100%	1h	32.335	+0.001%	$136K	$815K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.344	+0.029%	$74.9M	$55.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.337	+0.007%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.342	+0.024%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.304	−0.094%	$33.8M	$157.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.284	−0.157%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.299	−0.110%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.300	−0.107%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.317	−0.055%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.312	−0.070%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.303	−0.098%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.305	−0.092%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.149	−0.575%	$2.1M	$183K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.342	+0.023%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.330	−0.014%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.335	long leg	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	32.290	−0.138%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.356	+0.067%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.268	−0.207%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.295	−0.123%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0139%	1h	32.341	+0.019%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0170%	1h	32.348	+0.042%	$622K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−0.176%	$242K	$1.4M	25x	as long as short