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: OKX against RISEx+0.099%7-day average +0.009% · 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−$450.448% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.350%−$35 on $10k

Price spread, last 7 days−0.063%−$6 · spread now +0.099%, 7d avg +0.009%

Together, before fees−0.413%−$41 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 OKX is 0.090% dearer against RISEx than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 4 days funding on this pair cost −0.350%, 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	31.118	−0.0152	get 0.0019% / 1h	12m 15s	$382K	$651K	5x
Short	OKX VVV-USDT-SWAP	31.149	0.0100	get 0.0050% / 4h	1h 12m	$4.7M	$36.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.099%Rate

Funding earned: $52.94
Price spread: +0.099% → +0.009%: $9.03
Slippage, 4 orders: −$28.76
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: $17.2
Costs to cover: 0.448%
Break-even: 4.7 days

Slippage from RISEx: live order book, 51 min ago; OKX: 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, 51 min ago	1.85 bp	4.9 bp −$5	20.3 bp −$203	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.96 bp	22.1 bp −$22	63.6 bp −$636	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	31.118	long leg	$382K	$651K	5x
Deribit VVV_USDC-PERPETUAL	−0.0152%	1h	31.114	−0.013%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.145	+0.086%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0006%	4h	31.129	+0.035%	$10.4M	$6.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.469%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0084%	1h	31.130	+0.038%	$130K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.155	+0.118%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.164	+0.147%	$461K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.131	+0.040%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.137	+0.062%	$145K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.152	+0.109%	$71.5M	$51.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.167	+0.156%	$251K	$1.3M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.165	+0.151%	$186K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.145	+0.086%	$33.1M	$138.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.132	+0.044%	$38.3M	$45.5M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.149	+0.099%	$4.7M	$36.6M	20x
MEXC VVV_USDT	+0.0100%	4h	31.146	+0.089%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.145	+0.086%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.107	−0.036%	$5.7M	$7.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.154	+0.115%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.743	+2.009%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.130	+0.038%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.127	+0.028%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.111	−0.022%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.120	+0.005%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.737	+1.989%	$79K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0136%	4h	31.193	+0.240%	$1.2M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0152%	1h	31.124	+0.019%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0153%	1h	31.247	+0.414%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.727%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0173%	8h	31.208	+0.289%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.138	+0.063%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0338%	1h	31.193	+0.241%	$123K	$286K	5x	as long as short