Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0263%/8h= +28.8% APRpaid last 24h +0.024%

Price spread now: BloFin against RISEx−0.097%143s7-day average +0.045% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.386% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.130%−$13 on $10k

Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.097%, 7d avg +0.045%

Together, before fees+0.105%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.142% cheaper against RISEx than usual: you would sell low and buy high (spread −0.097% now, against its 7-day average of +0.045%). If the spread goes back, that is −$14 on $10k: about 43 hours of funding at the current rate (+$8 a day). Mind the row above: over the last 4 days funding on this pair cost −0.130%, so the current rate has only just turned in your favour. The two prices were read 143 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	31.982	−0.0142	get 0.0018% / 1h	28m 46s	$362K	$748K	5x
Short	BloFin VVV-USDT	31.951	0.0121	get 0.0060% / 4h	1h 28m	$1.3M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against RISEx. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BloFinbpOrdersPrice spread, now −0.097%Rate

Funding earned: $55.3
Price spread: −0.097% → +0.045%: −$14.19
Slippage, 4 orders: −$20.59
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $2.51
Costs to cover: 0.386%
Break-even: 6.7 days

Slippage from RISEx: live order book, 18 min ago; BloFin: live order book, 2 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, 18 min ago	2.39 bp	5.4 bp −$5	27.6 bp −$276	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.31 bp	14.9 bp −$15	37.0 bp −$370	doesn't fit	doesn't fit

VVV on 32 exchanges

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	−0.0435%	1h	31.959	−0.074%	$85K	$20K	10x	as long as short
RISEx VVV/USDClong	−0.0142%	1h	31.982	long leg	$362K	$748K	5x
Gate VVV_USDT	−0.0008%	4h	31.987	+0.015%	$12.7M	$5.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.011	+0.091%	$136K	$5.4M	1.6x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.039	+0.180%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.000	+0.056%	$168K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.620%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0090%	1h	31.967	−0.047%	$113K	$1.3M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.961	−0.065%	$1.9M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.964	−0.056%	$482K	$1.4M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.981	−0.003%	$162K	$914K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.003	+0.064%	$252K	$506K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.989	+0.022%	$188K	$110K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.999	+0.053%	$33.2M	$100.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.986	+0.012%	$37.7M	$39.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.987	+0.015%	$4.7M	$24.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.977	−0.016%	$7.7M	$4.5M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.982	0.000%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.967	−0.047%	$5.8M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.975	−0.022%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.972	−0.031%	$2.0M	$345K	—	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.965	−0.053%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.982	+0.001%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.952	−0.094%	$300K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.967	−0.047%	$6K	—	3x	as long as short
Hyperliquid VVV	+0.0114%	1h	32.020	+0.119%	$74.6M	$45.2M	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.970	−0.038%	$79K	$322K	10x	as long as short
BloFin VVV-USDTshort	+0.0121%	4h	31.951	−0.097%	$1.3M	$1.5M	25x
Phoenix VVV	+0.0198%	1h	32.024	+0.131%	$33K	$192K	5x	as long as short
01 Exchange VVVUSD	+0.0200%	1h	31.982	0.000%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0449% / S −0.0219%	1h	31.976	−0.017%	$514K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0507%	1h	31.988	+0.020%	$176K	$260K	5x	as long as short