Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: MEXC against Bitget+0.480%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$660.660% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.058%+$6 on $10k

Price spread, last 7 days−0.435%−$44 · spread now +0.480%, 7d avg +0.066%

Together, before fees−0.377%−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.413% dearer against Bitget than usual: you sell high and buy low, +$41 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	31.068	0.0100	pay 0.0050% / 4h	3h 30m	$5.7M	$6.3M	20x
Short	MEXC VVV_USDT	31.217	0.0100	get 0.0050% / 4h	3h 30m	$6.9M	$4.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.480%Rate

Funding earned: $0
Price spread: +0.480% → +0.066%: $41.35
Slippage, 4 orders: −$53.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$24.63
Costs to cover: 0.660%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; MEXC: 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 Bitget live order book, 2 min ago	4.47 bp	19.2 bp −$19	60.6 bp −$606	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	1.92 bp	17.3 bp −$17	64.4 bp −$644	228.2 bp −$22.8K	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/USDC	−0.0349%	1h	31.211	+0.460%	$382K	$690K	5x	as long as short
Gate VVV_USDT	−0.0018%	4h	31.176	+0.348%	$11.8M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.246	+0.573%	$92K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.220	+0.488%	$87K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	+0.858%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.220	+0.490%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.639%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.079	+0.035%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.096	+0.090%	$458K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.204	+0.438%	$3K	$29	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	31.218	+0.481%	$157K	$990K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.211	+0.460%	$69.3M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.129	+0.195%	$246K	$497K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.234	+0.535%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.127	+0.190%	$33.1M	$106.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.105	+0.119%	$37.9M	$38.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.192	+0.399%	$4.8M	$25.7M	20x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.217	+0.480%	$6.9M	$4.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.186	+0.380%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	31.068	long leg	$5.7M	$6.3M	20x
BingX VVV-USDT	+0.0100%	4h	31.210	+0.457%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.210	+0.458%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.236	+0.541%	$129K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.209	+0.454%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.284	+0.695%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.283	+0.690%	$78K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.180	+0.361%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.216	+0.477%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0150%	4h	31.240	+0.554%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0229%	1h	31.337	+0.866%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0312%	1h	31.229	+0.518%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0219%	1h	31.211	+0.461%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0777%	1h	31.254	+0.598%	$167K	$261K	5x	as long as short