Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0047%/8h= +5.1% APRpaid last 24h +0.033%

Price spread now: edgeX against Polymarket Perps−0.343%64s7-day average +0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as 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−$920.922% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.343%, 7d avg +0.046%

Together, before fees+0.307%+ Points / potential airdropedgeX: Active · farm board+$31 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.389% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.343% now, against its 7-day average of +0.046%). If the spread goes back, that is −$39 on $10k: about 28 days of funding at the current rate (+$1 a day). The two prices were read 64 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	32.276	0.0058	pay 0.0007% / 1h	54m 20s	$146K	$1.2M	3x
Short	edgeX VVVUSDC	32.165	0.0105	get 0.0052% / 4h	54m 20s	$80K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.343%Rate

Funding earned: $9.87
Price spread: −0.343% → +0.046%: −$38.91
Slippage, 4 orders: −$75.19
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$121.23
Costs to cover: 0.922%
Break-even: 93.0 days

Slippage from Polymarket Perps: live order book, 4 min ago; edgeX: live order book, 24 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, 4 min ago	2.49 bp	7.1 bp −$7	14.0 bp −$140	doesn't fit	doesn't fit
Sell edgeX live order book, 24 min ago	0.78 bp	43.0 bp −$43	doesn't fit	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
Kalshi KXVVVPERP	0.0000%	8h	32.312	+0.112%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.234	−0.131%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.291	+0.045%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.685%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.296	+0.063%	$397K	$604K	5x	as long as short
Polymarket Perps VVV-USDlong	+0.0058%	1h	32.276	long leg	$146K	$1.2M	3x
01 Exchange VVVUSD	+0.0080%	1h	32.320	+0.136%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.311	+0.109%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.278	+0.006%	$480K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.054	−0.688%	$56K	$299K	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	32.293	+0.053%	$125K	$796K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.316	+0.124%	$74.8M	$55.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.310	+0.105%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.318	+0.129%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.294	+0.056%	$33.8M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.279	+0.009%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.287	+0.034%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.292	+0.050%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.304	+0.087%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.298	+0.068%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.286	+0.031%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.296	+0.062%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.149	−0.395%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.235	−0.128%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.266	−0.031%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.308	+0.099%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.295	+0.057%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.241	−0.108%	$6K	$13K	3x	as long as short
edgeX VVVUSDCshort	+0.0105%	4h	32.165	−0.343%	$80K	$332K	10x
Backpack VVV_USDC_PERP	+0.0135%	1h	32.310	+0.106%	$122K	$361K	5x	as long as short
BloFin VVV-USDT	+0.0138%	4h	32.296	+0.062%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0170%	1h	32.283	+0.023%	$621K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.005%	$242K	$1.4M	25x	as long as short