Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.032%

Price spread now: MEXC against Polymarket Perps+0.156%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.166%+$17 on $10k

Price spread, last 7 days−0.111%−$11 · spread now +0.156%, 7d avg +0.059%

Together, before fees+0.055%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.098% dearer against Polymarket Perps than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	30.676	0.0060	pay 0.0008% / 1h	56m 27s	$118K	$1.4M	3x
Short	MEXC VVV_USDT	30.724	0.0100	get 0.0050% / 4h	2h 56m	$6.3M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.156%Rate

Funding earned: $8.38
Price spread: +0.156% → +0.059%: $9.8
Slippage, 4 orders: −$16.41
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$6.23
Costs to cover: 0.244%
Break-even: 12.2 days

Slippage from Polymarket Perps: live order book, 2 min ago; MEXC: live order book, 1 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	1.79 bp	6.1 bp −$6	6.3 bp −$63	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.65 bp	5.0 bp −$5	57.2 bp −$572	287.5 bp −$28.8K	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
RISEx VVV/USDC	−0.0329%	1h	30.677	+0.002%	$379K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.723	+0.154%	$143K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.747	+0.232%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.989%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USDlong	+0.0060%	1h	30.676	long leg	$118K	$1.4M	3x
BloFin VVV-USDT	+0.0060%	4h	30.784	+0.352%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.704	+0.091%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.700	+0.078%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.697	+0.068%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.695	+0.063%	$3K	$73	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	30.715	+0.126%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.710	+0.111%	$69.3M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.709	+0.108%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.703	+0.090%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.710	+0.111%	$33.1M	$124.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.692	+0.051%	$38.0M	$42.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.691	+0.049%	$4.8M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.713	+0.121%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	30.724	+0.156%	$6.3M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	30.711	+0.114%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.708	+0.104%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.710	+0.111%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.620	−0.182%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.749	+0.237%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.741	+0.212%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.704	+0.092%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.743	+0.218%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	30.668	−0.025%	$76K	$334K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.686	+0.033%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0285%	8h	30.666	−0.033%	$95K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0329%	1h	30.779	+0.337%	$86K	$22K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.749	+0.238%	$536K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0508%	1h	30.798	+0.397%	$120K	$239K	5x	as long as short