Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h +0.004%

Price spread now: Binance against RISEx+0.149%7-day average +0.048% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on RISEx Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.261%−$26 on $10k

Price spread, last 7 days−0.109%−$11 · spread now +0.149%, 7d avg +0.048%

Together, before fees−0.370%−$37 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Binance is 0.101% dearer against RISEx than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.048%. Mind the row above: over the last 4 days funding on this pair cost −0.261%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	31.614	−0.0349	get 0.0044% / 1h	12m 58s	$394K	$693K	5x
Short	Binance VVVUSDT	31.662	0.0100	get 0.0050% / 4h	3h 12m	$33.8M	$104.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against RISEx. 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 RISExbpFee BinancebpOrdersPrice spread, now +0.149%Rate

Funding earned: $94.32
Price spread: +0.149% → +0.048%: $10.15
Slippage, 4 orders: −$26.51
Fee RISEx: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $61.95
Costs to cover: 0.425%
Break-even: 2.4 days

Slippage from RISEx: live order book, 21 min ago; Binance: live order book, 15 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 RISEx live order book, 21 min ago	2.77 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.16 bp	15.4 bp −$15	42.9 bp −$429	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/USDClong	−0.0349%	1h	31.614	long leg	$394K	$693K	5x
Gate VVV_USDT	−0.0058%	4h	31.629	+0.046%	$12.0M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.616	+0.005%	$108K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.599	−0.050%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−0.886%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.605	−0.031%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.813%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.604	−0.033%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.615	+0.002%	$467K	$1.5M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	31.620	+0.017%	$1.3M	$1.4M	25x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.605	−0.031%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.629	+0.047%	$189K	$1.0M	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.684	+0.220%	$71.0M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.649	+0.109%	$249K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.663	+0.154%	$186K	$118K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.662	+0.149%	$33.8M	$104.7M	25x
Bybit VVVUSDT	+0.0100%	4h	31.640	+0.081%	$38.5M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.658	+0.138%	$4.8M	$25.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.665	+0.160%	$7.2M	$5.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.669	+0.172%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.617	+0.008%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.661	+0.147%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.688	+0.234%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.619	+0.014%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.632	+0.055%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.657	+0.136%	$295K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.622	+0.023%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.698	+0.265%	$79K	$326K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.660	+0.144%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	31.641	+0.084%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0219%	1h	31.603	−0.037%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0742%	1h	31.668	+0.171%	$169K	$268K	5x	as long as short