Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0026%/8h= +2.8% APRpaid last 24h +0.029%

Price spread now: Binance against Polymarket Perps−0.096%56s7-day average +0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.401% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.157%+$16 on $10k

Price spread, last 3 days (all we have)−0.113%−$11 · spread now −0.096%, 7d avg +0.044%

Together, before fees+0.044%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.140% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of +0.044%). If the spread goes back, that is −$14 on $10k: about 18 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.157% in total) that is about 6.2 days. The two prices were read 56 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	Polymarket Perps VVV-USD	31.256	0.0074	pay 0.0009% / 1h	46m 37s	$134K	$1.2M	3x
Short	Binance VVVUSDT	31.226	0.0100	get 0.0050% / 4h	2h 46m	$33.0M	$154.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now −0.096%Rate

Funding earned: $5.46
Price spread: −0.096% → +0.044%: −$13.97
Slippage, 4 orders: −$22.09
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.6
Costs to cover: 0.401%
Break-even: 69.3 days

Slippage from Polymarket Perps: live order book, 2 min ago; Binance: live order book, 12 min ago.

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 Polymarket Perps live order book, 2 min ago	2.55 bp	8.7 bp −$9	8.9 bp −$89	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.16 bp	13.3 bp −$13	42.8 bp −$428	doesn't fit	doesn't fit

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
01 Exchange VVVUSD	−0.0024%	1h	31.225	−0.099%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.305	+0.157%	$107K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.243	−0.042%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.261	+0.015%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.004%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0056%	4h	31.240	−0.051%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USDlong	+0.0074%	1h	31.256	long leg	$134K	$1.2M	3x
Phoenix VVV	+0.0077%	1h	31.272	+0.051%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.236	−0.063%	$383K	$574K	5x	as long as short
Gate VVV_USDT	+0.0094%	4h	31.227	−0.093%	$10.6M	$7.7M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.239	−0.054%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.225	−0.099%	$460K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.302	+0.147%	$145K	$779K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.267	+0.035%	$71.3M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.271	+0.048%	$274K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.241	−0.049%	$186K	$176K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.226	−0.096%	$33.0M	$154.3M	25x
Bybit VVVUSDT	+0.0100%	4h	31.210	−0.147%	$38.5M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.232	−0.077%	$4.6M	$40.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.240	−0.051%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.264	+0.026%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.218	−0.122%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.235	−0.067%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.095	−0.516%	$2.0M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.242	−0.044%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.242	−0.045%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.243	−0.041%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.233	−0.074%	$312K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.271	+0.048%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.274	+0.059%	$78K	$331K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0215%	1h	31.260	+0.012%	$118K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	−0.422%	$178K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0204%	1h	31.268	+0.039%	$522K	—	100x	as long as short