Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0399%/8h= +43.7% APRpaid last 24h −0.042%

Price spread now: BingX against RISEx+0.134%7-day average +0.018% · 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−$36as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on RISEx Short on BingX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.288%−$29 on $10k

Price spread, last 7 days−0.130%−$13 · spread now +0.134%, 7d avg +0.018%

Together, before fees−0.418%−$42 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BingX is 0.115% dearer against RISEx than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.018%. Mind the row above: over the last 4 days funding on this pair cost −0.288%, 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	30.617	−0.0299	get 0.0037% / 1h	45m 58s	$375K	$641K	5x
Short	BingX VVV-USDT	30.658	0.0100	get 0.0050% / 4h	45m 58s	—	$5.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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 BingXbpOrdersPrice spread, now +0.134%Rate

Funding earned: $83.79
Price spread: +0.134% → +0.018%: $11.54
Slippage, 4 orders: −$31.49
Fee RISEx: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: $47.83
Costs to cover: 0.475%
Break-even: 3.0 days

Slippage from RISEx: live order book, 13 min ago; BingX: live order book, 4 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, 13 min ago	2.84 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	1.63 bp	18.6 bp −$19	40.5 bp −$405	245.2 bp −$24.5K	608.6 bp −$304.3K

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/USDClong	−0.0299%	1h	30.617	long leg	$375K	$641K	5x
Polymarket Perps VVV-USD	−0.0120%	1h	30.613	−0.013%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.621	+0.013%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.619	+0.007%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.636	+0.062%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0020%	4h	30.629	+0.039%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.195%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.500	−0.382%	$147K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.639	+0.071%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.647	+0.098%	$448K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.646	+0.095%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.636	+0.062%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.658	+0.134%	$69.9M	$50.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.602	−0.049%	$245K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.655	+0.124%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.648	+0.101%	$32.6M	$133.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.634	+0.057%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.650	+0.108%	$4.7M	$34.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.651	+0.111%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.631	+0.046%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.633	+0.052%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDTshort	+0.0100%	4h	30.658	+0.134%	—	$5.1M	—
Variational Omni VVV	+0.0100%	4h	30.612	−0.015%	$1.9M	$286K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.629	+0.040%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.644	+0.088%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.635	+0.060%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.596	−0.069%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0109%	4h	30.704	+0.284%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.578	−0.129%	$76K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0160%	8h	30.632	+0.049%	$102K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.618	+0.002%	$552K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.679	+0.202%	$34K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0258%	1h	30.673	+0.183%	$119K	$258K	5x	as long as short