Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.9% APRpaid last 24h −0.004%

Price spread now: Polymarket Perps against Paradex−0.134%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 Polymarket Perps

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 −$1 a day on $10k at the current rate, and Polymarket Perps is 0.134% cheaper against Paradex than usual: you would sell low and buy high (−$13 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	31.663	0.0100	pay 0.0100% / 8h	2h 29m	$3K	$106	5x
Short	Polymarket Perps VVV-USD	31.621	0.0056	get 0.0007% / 1h	29m 36s	$136K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$9.31
Price spread: −0.134% → 0.000%: −$13.39
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$34.7
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 4 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 Polymarket Perps live order book, 4 min ago	3.49 bp	7.8 bp −$8	8.0 bp −$80	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
Kalshi KXVVVPERP	0.0000%	8h	31.609	−0.172%	$117K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.601	−0.197%	$91K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.593	−0.222%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.665	+0.005%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.653%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USDshort	+0.0056%	1h	31.621	−0.134%	$136K	$1.2M	3x
Phoenix VVV	+0.0077%	1h	31.509	−0.488%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.645	−0.057%	$388K	$572K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.658	−0.017%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.644	−0.061%	$469K	$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	31.637	−0.082%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.670	+0.021%	$72.2M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.626	−0.119%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.660	−0.011%	$188K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.648	−0.049%	$33.4M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.643	−0.064%	$39.0M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.659	−0.014%	$4.7M	$41.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.633	−0.096%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.647	−0.052%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.606	−0.181%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.632	−0.099%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.647	−0.052%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.543	−0.380%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.591	−0.229%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.555	−0.342%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.663	long leg	$3K	$106	5x
BloFin VVV-USDT	+0.0103%	4h	31.540	−0.390%	$1.3M	$1.7M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.643	−0.065%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.577	−0.272%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.561	−0.322%	$78K	$332K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0223%	1h	31.651	−0.039%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.577	−0.272%	$193K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0195%	1h	31.579	−0.267%	$540K	—	100x	as long as short