Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0517%/8h= −56.6% APRpaid last 24h +0.069%

Price spread now: RISEx against Variational Omni−0.146%7-day average +0.018% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.343%+$34 on $10k

Price spread, last 7 days+0.268%+$27 · spread now −0.146%, 7d avg +0.018%

Together, before fees+0.611%+ Points / potential airdropVariational Omni: Active · farm board+$61 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and RISEx is 0.164% cheaper against Variational Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.018%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.343%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	30.745	0.0100	pay 0.0050% / 4h	3h 56m	$1.9M	$284K	—
Short	RISEx VVV/USDC	30.700	−0.0417	pay 0.0052% / 1h	56m 04s	$377K	$640K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Variational Omni. 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 Variational OmnibpFee RISExbpOrdersPrice spread, now −0.146%Rate

Funding earned: −$108.61
Price spread: −0.146% → +0.018%: −$16.44
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$131.05
Costs to cover: 0.060%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; RISEx: live order book, 62 min ago. Net counts fees only.

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 Variational Omni RFQ quote, 3 min ago	2.88 bp	doesn't fit	54.1 bp −$541	doesn't fit	doesn't fit
Sell RISEx live order book, 62 min ago	2.84 bp	6.0 bp −$6	doesn't fit	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/USDCshort	−0.0417%	1h	30.700	−0.146%	$377K	$640K	5x
Polymarket Perps VVV-USD	−0.0243%	1h	30.704	−0.132%	$128K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.832	+0.286%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.761	+0.053%	$104K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.752	+0.025%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.751	+0.020%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.750%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	30.767	+0.073%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.753	+0.027%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.769	+0.079%	$450K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
01 Exchange VVVUSD	+0.0096%	1h	30.727	−0.057%	$11K	$3K	3x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.727	−0.058%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.719	−0.082%	$141K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.768	+0.076%	$70.2M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.745	+0.003%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.765	+0.067%	$182K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.762	+0.056%	$33.0M	$127.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.735	−0.031%	$38.2M	$42.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.783	+0.125%	$4.8M	$32.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.741	−0.012%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.777	+0.105%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.744	−0.002%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.744	−0.002%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.770	+0.083%	—	$5.0M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	30.745	long leg	$1.9M	$284K	—
Derive VVV-PERP	+0.0100%	1h	30.744	−0.002%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.764	+0.063%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.747	+0.007%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.748	+0.012%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	30.877	+0.432%	$77K	$332K	10x	as long as short
Phoenix VVV	+0.0182%	1h	30.844	+0.323%	$32K	$257K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0199%	1h	30.783	+0.126%	$122K	$249K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0174%	1h	30.729	−0.052%	$538K	—	100x	as long as short