Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Phemex+0.049%7-day average −0.023% · you sell dearer than you buy

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

Long on Phemex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.049%, 7d avg −0.023%

Together, before fees−0.141%+ Points / potential airdropPacifica: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.071% dearer against Phemex than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex VVVUSDT	31.337	0.0100	pay 0.0050% / 4h	2h 04m	$2.0M	$2.1M	50x
Short	Pacifica VVV	31.352	0.0100	get 0.0013% / 1h	4m 59s	$187K	$162K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Phemex. 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 PhemexbpFee PacificabpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → −0.023%: $7.13
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$12.87
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 3 min ago; Pacifica: live order book, 63 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 Phemex live order book, 3 min ago	2.24 bp	39.1 bp −$39	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 63 min ago	0.16 bp	33.7 bp −$34	doesn't fit	doesn't fit	doesn't fit

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	31.326	−0.037%	$384K	$639K	5x	as long as short
Polymarket Perps VVV-USD	−0.0023%	1h	31.309	−0.089%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0016%	4h	31.320	−0.054%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.105%	$42K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.323	−0.046%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.335	−0.007%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.732%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.319	−0.056%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.319	−0.057%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.334	−0.009%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.331	−0.018%	$130K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.341	+0.013%	$72.3M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.364	+0.086%	$254K	$1.8M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	31.352	+0.049%	$187K	$162K	10x
Binance VVVUSDT	+0.0100%	4h	31.330	−0.022%	$33.3M	$147.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.313	−0.076%	$38.4M	$50.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.304	−0.105%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.339	+0.006%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.350	+0.041%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.293	−0.140%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.329	−0.026%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.307	−0.096%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.310	−0.085%	$3K	$3K	5x	as long as short
Phemex VVVUSDTlong	+0.0100%	4h	31.337	long leg	$2.0M	$2.1M	50x
Extended VVV-USD	+0.0104%	1h	31.298	−0.123%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.337	−0.001%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.331	−0.018%	$78K	$335K	10x	as long as short
Kalshi KXVVVPERP	+0.0111%	8h	31.344	+0.022%	$112K	$6.3M	1.7x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.344	+0.022%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0124%	1h	31.315	−0.071%	$565K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	−0.012%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0280%	1h	31.358	+0.065%	$121K	$311K	5x	as long as short