Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.2% APRpaid last 24h −0.084%

Price spread now: Bitget against RISEx+0.186%7-day average −0.016% · 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−$28as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on RISEx Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.354%−$35 on $10k

Price spread, last 7 days−0.161%−$16 · spread now +0.186%, 7d avg −0.016%

Together, before fees−0.515%−$52 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.202% dearer against RISEx than usual: you sell high and buy low (spread +0.186% now, against its 7-day average of −0.016%): +$20 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.0 days. At the pace of the last 3 days (−0.354% in total) that is about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	32.527	0.0175	pay 0.0022% / 1h	37m 15s	$399K	$596K	5x
Short	Bitget VVVUSDT	32.588	0.0100	get 0.0050% / 4h	1h 37m	$5.9M	$8.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.186%Rate

Funding earned: −$15.77
Price spread: +0.186% → −0.016%: $20.24
Slippage, 4 orders: −$30.69
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$44.22
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from RISEx: live order book, 46 min ago; Bitget: 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 RISEx live order book, 46 min ago	1.91 bp	5.0 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	3.23 bp	20.0 bp −$20	58.4 bp −$584	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
Deribit VVV_USDC-PERPETUAL	−0.0066%	1h	32.589	+0.189%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.595	+0.207%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.900%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.537	+0.030%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.477	−0.155%	$483K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.535	+0.023%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.516	−0.037%	$150K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.559	+0.096%	$272K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.528	+0.002%	$187K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.582	+0.168%	$34.2M	$156.4M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.586	+0.180%	$40.1M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.576	+0.149%	$4.8M	$43.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.530	+0.008%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.532	+0.014%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.484	−0.133%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.588	+0.186%	$5.9M	$8.8M	20x
BingX VVV-USDT	+0.0100%	4h	32.575	+0.146%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.678	+0.462%	$2.2M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.521	−0.020%	$131K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.583	+0.172%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.580	+0.162%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.535	+0.022%	$3K	$106	5x	as long as short
Kalshi KXVVVPERP	+0.0100%	8h	32.676	+0.457%	$108K	$6.8M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.562	+0.106%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.587	+0.185%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.678	+0.462%	$81K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0136%	4h	32.670	+0.438%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.444	−0.256%	$196K	$1.1M	25x	as long as short
RISEx VVV/USDClong	+0.0175%	1h	32.527	long leg	$399K	$596K	5x
GMX VVV/USD [ETH-USDC]	L +0.0189% / S +0.0165%	1h	32.588	+0.187%	$627K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0295%	1h	32.571	+0.135%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0496%	1h	32.562	+0.106%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0679%	1h	32.576	+0.149%	$76.1M	$55.5M	3x	as long as short