Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.057%

Price spread now: RISEx against Binance−0.105%7-day average −0.050% · 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−$40as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.297%+$30 on $10k

Price spread, last 7 days+0.057%+$6 · spread now −0.105%, 7d avg −0.050%

Together, before fees+0.354%+$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.055% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.297%, 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	Binance VVVUSDT	32.239	0.0100	pay 0.0050% / 4h	39m 08s	$33.8M	$157.0M	25x
Short	RISEx VVV/USDC	32.206	0.0040	get 0.0005% / 1h	39m 08s	$396K	$603K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Binance. 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 BinancebpFee RISExbpOrdersPrice spread, now −0.105%Rate

Funding earned: −$12.51
Price spread: −0.105% → −0.050%: −$5.51
Slippage, 4 orders: −$18.47
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$52.5
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; RISEx: live order book, 39 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 Binance live order book, 4 min ago	0.16 bp	11.3 bp −$11	40.1 bp −$401	doesn't fit	doesn't fit
Sell RISEx live order book, 39 min ago	2.60 bp	5.6 bp −$6	25.6 bp −$256	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
Kalshi KXVVVPERP	0.0000%	8h	32.249	+0.030%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.223	−0.051%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.234	−0.016%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0030%	1h	32.193	−0.144%	$147K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.801%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDCshort	+0.0040%	1h	32.206	−0.105%	$396K	$603K	5x
BloFin VVV-USDT	+0.0067%	4h	32.238	−0.004%	$1.3M	$1.8M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	32.209	−0.094%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.251	+0.037%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.222	−0.054%	$479K	$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
Nado VVV-PERP	+0.0100%	1h	32.214	−0.079%	$161K	$833K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.270	+0.095%	$74.7M	$55.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.241	+0.006%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.251	+0.037%	$193K	$191K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.239	long leg	$33.8M	$157.0M	25x
Bybit VVVUSDT	+0.0100%	4h	32.219	−0.062%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.228	−0.035%	$4.7M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.220	−0.060%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.236	−0.010%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.242	+0.008%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.231	−0.026%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.241	+0.005%	—	$5.5M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.257	+0.053%	$122K	$358K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.185	−0.167%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.219	−0.063%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.222	−0.054%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.236	−0.009%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.222	−0.053%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.222	−0.055%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	32.213	−0.081%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.246	+0.021%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0182% / S +0.0171%	1h	32.222	−0.054%	$620K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.119%	$242K	$1.3M	25x	as long as short