Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Paradex−0.210%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.210% cheaper against Paradex than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	32.201	0.0100	pay 0.0100% / 8h	1h 27m	$3K	$106	5x
Short	gTrade (Gains Network) VVV/USD	32.133	L +0.0004% / S −0.0004%	get 0.0001% / 1h	27m 10s	$19K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.210%Rate

Funding earned: −$20.12
Price spread: −0.210% → 0.000%: −$21.01
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$57.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.128	−0.225%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	32.133	−0.210%	$19K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.923%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.145	−0.173%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.135	−0.204%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.269	+0.212%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.197	−0.012%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.172	−0.089%	$266K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.233	+0.099%	$185K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.143	−0.178%	$33.6M	$157.2M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.091	−0.341%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.067	−0.415%	$4.7M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.119	−0.254%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.105	−0.297%	$6.2M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.155	−0.142%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.074	−0.394%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.096	−0.325%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.330	+0.403%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.175	−0.080%	$133K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.146	−0.171%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.198	−0.009%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.201	long leg	$3K	$106	5x
edgeX VVVUSDC	+0.0101%	4h	32.289	+0.274%	$80K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.128	−0.226%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.146	−0.169%	$6K	$13K	3x	as long as short
Kalshi KXVVVPERP	+0.0105%	8h	32.254	+0.165%	$103K	$6.9M	1.7x	as long as short
BloFin VVV-USDT	+0.0139%	4h	32.107	−0.291%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.410	+0.650%	$194K	$1.2M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.177	−0.075%	$395K	$600K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0188% / S +0.0166%	1h	32.127	−0.228%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0275%	1h	32.095	−0.328%	$121K	$376K	5x	as long as short
01 Exchange VVVUSD	+0.0448%	1h	32.212	+0.035%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0507%	1h	32.102	−0.305%	$74.5M	$56.0M	3x	as long as short