Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0252%/8h= +27.6% APRpaid last 24h −0.075%

Price spread now: Bybit against RISEx+0.144%45s7-day average −0.045% · 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—prices read too far apart to compare

costs, in and out, $10k−$440.436% of the position

Long on RISEx Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.356%−$36 on $10k

Price spread, last 7 days−0.248%−$25 · spread now +0.144%, 7d avg −0.045%

Together, before fees−0.604%−$60 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.189% dearer against RISEx than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.045%. Mind the row above: over the last 4 days funding on this pair cost −0.356%, so the current rate has only just turned in your favour. The two prices were read 45 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	31.047	−0.0152	get 0.0019% / 1h	38m 53s	$381K	$643K	5x
Short	Bybit VVVUSDT	31.092	0.0100	get 0.0050% / 4h	1h 38m	$38.4M	$50.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.144%Rate

Funding earned: $52.94
Price spread: +0.144% → −0.045%: $18.93
Slippage, 4 orders: −$26.57
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $28.3
Costs to cover: 0.436%
Break-even: 3.3 days

Slippage from RISEx: live order book, 25 min ago; Bybit: live order book, 5 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, 25 min ago	1.85 bp	4.9 bp −$5	20.3 bp −$203	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.16 bp	18.4 bp −$18	45.6 bp −$456	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
RISEx VVV/USDClong	−0.0152%	1h	31.047	long leg	$381K	$643K	5x
Gate VVV_USDT	−0.0108%	4h	31.072	+0.080%	$10.4M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.068	+0.067%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.086	+0.126%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0024%	1h	31.071	+0.077%	$134K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.710%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.064	+0.054%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.089	+0.135%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.076	+0.093%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.061	+0.045%	$459K	$1.5M	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	31.070	+0.075%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.078	+0.101%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.114	+0.215%	$71.3M	$51.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.107	+0.194%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.103	+0.180%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.104	+0.183%	$33.1M	$146.9M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.092	+0.144%	$38.4M	$50.0M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.108	+0.196%	$4.8M	$38.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.095	+0.154%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.103	+0.180%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.060	+0.041%	$5.7M	$8.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.098	+0.164%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.151	+0.334%	$2.0M	$246K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.064	+0.056%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.097	+0.161%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.082	+0.112%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.102	+0.177%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.145	+0.315%	$77K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0132%	8h	31.105	+0.186%	$106K	$6.2M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.144	+0.312%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	30.879	−0.541%	$138K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.065	+0.057%	$560K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0215%	1h	31.106	+0.189%	$112K	$312K	5x	as long as short