Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h −0.089%

Price spread now: edgeX against 01 Exchange−0.081%57s7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.081% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 32 hours of funding at the current rate (+$6 a day). The two prices were read 57 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	01 Exchange VVVUSD	32.088	−0.0096	get 0.0012% / 1h	40m 34s	$11K	$3K	3x
Short	edgeX VVVUSDC	32.062	0.0108	get 0.0054% / 4h	3h 40m	$80K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against 01 Exchange. 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 01 ExchangebpFee edgeXbpOrdersPrice spread, now −0.081%Rate

Funding earned: $42.76
Price spread: −0.081% → 0.000%: −$8.13
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $18.63
Costs to cover: 0.160%
Break-even: 4.0 days

Slippage unknown: 01 Exchange: no order-book sample; edgeX: live order book, 33 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 01 Exchange no order-book sample	—	—	—	—	—
Sell edgeX live order book, 33 min ago	0.79 bp	36.5 bp −$37	doesn't fit	doesn't fit	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Polymarket Perps VVV-USD	−0.0292%	1h	32.078	−0.031%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSDlong	−0.0096%	1h	32.088	long leg	$11K	$3K	3x
Deribit VVV_USDC-PERPETUAL	−0.0043%	1h	32.058	−0.093%	$91K	$23K	10x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.095	+0.023%	$395K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.088	0.000%	$109K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.084	−0.012%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.075	−0.041%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.281%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0066%	4h	32.107	+0.059%	$10.8M	$7.3M	25x	as long as short
Bybit VVVUSDT	+0.0066%	4h	32.102	+0.045%	$39.4M	$51.6M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.090	+0.006%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.084	−0.012%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.095	+0.022%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.134	+0.143%	$74.5M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.116	+0.088%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.120	+0.101%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.113	+0.078%	$33.7M	$154.9M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.104	+0.050%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.100	+0.037%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.075	−0.041%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.097	+0.028%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.096	+0.025%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.073	−0.045%	$124K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.057	−0.097%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.062	−0.081%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.076	−0.037%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.098	+0.031%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.095	+0.021%	$301K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.059	−0.089%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0108%	4h	32.062	−0.081%	$80K	$333K	10x
BloFin VVV-USDT	+0.0133%	4h	32.063	−0.078%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.059	−0.091%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.106	+0.057%	$247K	$1.3M	25x	as long as short