Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0186%/8h= −20.3% APRpaid last 24h 0.000%

Price spread now: Gate against Paradex−0.168%45s7-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 Gate

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 against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.168% cheaper against Paradex than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	31.188	0.0100	pay 0.0100% / 8h	5h 41m	$3K	$73	5x
Short	Gate VVV_USDT	31.135	−0.0086	pay 0.0043% / 4h	1h 41m	$10.5M	$6.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.168%Rate

Funding earned: −$39
Price spread: −0.168% → 0.000%: −$16.84
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$74.84
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: 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 Gate live order book, 2 min ago	7.72 bp	22.9 bp −$23	142.9 bp −$1,429	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	−0.0152%	1h	31.163	−0.077%	$382K	$651K	5x	as long as short
Gate VVV_USDTshort	−0.0086%	4h	31.135	−0.168%	$10.5M	$6.2M	25x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.161	−0.086%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.162	−0.083%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0030%	1h	31.162	−0.082%	$134K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.234%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	31.192	+0.014%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.152	−0.115%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.132	−0.178%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.188	long leg	$3K	$73	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.188	+0.003%	$133K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.155	−0.104%	$71.4M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.162	−0.080%	$252K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.173	−0.047%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.165	−0.073%	$33.2M	$147.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.155	−0.103%	$38.4M	$50.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.167	−0.066%	$4.8M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.165	−0.072%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.156	−0.101%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.123	−0.207%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.154	−0.107%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.905	−0.906%	$2.0M	$246K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.147	−0.130%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.174	−0.043%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.048	−0.448%	$77K	$336K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.138	−0.157%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.171	−0.052%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0126%	8h	31.189	+0.005%	$106K	$6.2M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.057	−0.418%	$37K	$264K	5x	as long as short
BloFin VVV-USDT	+0.0159%	4h	31.137	−0.162%	$1.3M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	30.879	−0.988%	$138K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.155	−0.105%	$562K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0258%	1h	31.200	+0.038%	$113K	$313K	5x	as long as short