Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.108%

Price spread now: Gate against RISEx−0.082%7-day average −0.056% · 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−$61as in the Price arb table

costs, in and out, $10k−$580.582% of the position

Long on RISEx Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.386%−$39 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.082%, 7d avg −0.056%

Together, before fees−0.392%−$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. Gate is 0.025% cheaper against RISEx than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.056%). If the spread goes back, that is −$3 on $10k: about 3.8 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.386%, 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	31.556	0.0078	pay 0.0010% / 1h	31m 42s	$387K	$571K	5x
Short	Gate VVV_USDT	31.530	0.0100	get 0.0050% / 4h	2h 31m	$10.7M	$7.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.082%Rate

Funding earned: $4.65
Price spread: −0.082% → −0.056%: −$2.54
Slippage, 4 orders: −$37.16
Fee RISEx: 3 bp × 2 orders: −$6
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$56.05
Costs to cover: 0.582%
Break-even: 91.4 days

Slippage from RISEx: live order book, 57 min ago; Gate: 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, 57 min ago	1.91 bp	4.9 bp −$5	29.5 bp −$295	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	3.81 bp	20.8 bp −$21	105.3 bp −$1,053	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	−0.0042%	1h	31.512	−0.138%	$90K	$22K	10x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.550	−0.018%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.552	−0.012%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.535	−0.066%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.006%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0041%	1h	31.518	−0.120%	$135K	$1.2M	3x	as long as short
BloFin VVV-USDT	+0.0043%	4h	31.507	−0.154%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.509	−0.148%	$55K	$292K	5x	as long as short
RISEx VVV/USDClong	+0.0078%	1h	31.556	long leg	$387K	$571K	5x
Lighter VVV	+0.0096%	1h	31.548	−0.025%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.537	−0.059%	$468K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.535	−0.066%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.566	+0.033%	$72.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.522	−0.107%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.550	−0.019%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.558	+0.007%	$33.4M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.539	−0.054%	$38.9M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.545	−0.034%	$4.7M	$41.1M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	31.530	−0.082%	$10.7M	$7.7M	25x
MEXC VVV_USDT	+0.0100%	4h	31.557	+0.004%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.524	−0.101%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.536	−0.063%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.550	−0.018%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.438	−0.372%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.523	−0.103%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.483	−0.231%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.548	−0.023%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.493	−0.200%	$78K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.523	−0.104%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.523	−0.102%	$6K	$13K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0209%	1h	31.524	−0.101%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.575	+0.060%	$193K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0195%	1h	31.535	−0.066%	$539K	—	100x	as long as short