Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0109%/8h= +11.9% APRpaid last 24h −0.018%

Price spread now: Gate against Polymarket Perps−0.035%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$610.614% of the position

Long on Polymarket Perps Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 3 days (all we have)−0.305%−$31 · spread now −0.035%, 7d avg −0.054%

Together, before fees−0.308%−$31 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.160	−0.0009	get 0.0001% / 1h	58m 11s	$129K	$1.2M	3x
Short	Gate VVV_USDT	31.149	0.0100	get 0.0050% / 4h	2h 58m	$10.5M	$7.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.035%Rate

Funding earned: $22.85
Price spread: −0.035% → −0.054%: $1.89
Slippage, 4 orders: −$38.39
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.64
Costs to cover: 0.614%
Break-even: 18.2 days

Slippage from Polymarket Perps: live order book, 5 min ago; Gate: live order book, 5 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, 5 min ago	3.37 bp	7.7 bp −$8	7.8 bp −$78	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	3.05 bp	21.6 bp −$22	140.4 bp −$1,404	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	−0.0104%	1h	31.185	+0.080%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USDlong	−0.0009%	1h	31.160	long leg	$129K	$1.2M	3x
Kalshi KXVVVPERP	0.0000%	8h	31.204	+0.141%	$104K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.190	+0.096%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.226	+0.212%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.327%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.205	+0.146%	$381K	$577K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.185	+0.080%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.162	+0.006%	$459K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.173	+0.043%	$145K	$777K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.197	+0.119%	$71.1M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.166	+0.020%	$274K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.212	+0.167%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.166	+0.020%	$32.9M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.214	+0.174%	$38.5M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.196	+0.116%	$4.6M	$40.6M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.149	−0.035%	$10.5M	$7.6M	25x
MEXC VVV_USDT	+0.0100%	4h	31.183	+0.074%	$16.7M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.171	+0.035%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.214	+0.173%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.220	+0.193%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.138	−0.069%	$2.0M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.200	+0.128%	$1K	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.168	+0.026%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.207	+0.152%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.193	+0.106%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.200	+0.129%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.198	+0.121%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0144%	4h	31.158	−0.006%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0174%	1h	31.136	−0.077%	$54K	$279K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.242	+0.264%	$178K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0374%	1h	31.182	+0.070%	$118K	$381K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0204%	1h	31.226	+0.211%	$521K	—	100x	as long as short