Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.006%

Price spread now: Paradex against Bybit+0.540%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.540% dearer against Bybit than usual: you sell high and buy low, +$54 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.538	0.0100	pay 0.0050% / 4h	3h 31m	$39.2M	$50.8M	20x
Short	Paradex VVV-USD-PERP	31.708	0.0100	get 0.0100% / 8h	3h 31m	$3K	$106	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now +0.540%Rate

Funding earned: $0
Price spread: +0.540% → 0.000%: $54.02
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $39.02
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Bybit: live order book, 3 min ago; Paradex: no order-book sample. 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 Bybit live order book, 3 min ago	0.79 bp	16.1 bp −$16	78.9 bp −$789	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.520	−0.056%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.588	+0.158%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.065%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0070%	4h	31.539	+0.003%	$10.7M	$7.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.535	−0.011%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.522	−0.051%	$475K	$1.5M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.578	+0.128%	$147K	$775K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.624	+0.274%	$278K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.720	+0.576%	$182K	$168K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.562	+0.075%	$33.1M	$152.4M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDTlong	+0.0100%	4h	31.538	long leg	$39.2M	$50.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.542	+0.013%	$4.7M	$40.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.550	+0.038%	$16.8M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.539	+0.003%	$2.0M	$2.5M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.538	0.000%	$5.8M	$8.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.541	+0.010%	—	$5.3M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.733	+0.618%	$2.1M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.610	+0.228%	$155K	$1.0M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.520	−0.057%	$421	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.547	+0.029%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.708	+0.540%	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	31.515	−0.073%	$316K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.579	+0.131%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.736	+0.627%	$79K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0124%	4h	31.537	−0.003%	$1.3M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0169%	8h	31.545	+0.022%	$135K	$6.8M	1.7x	as long as short
Phoenix VVV	+0.0174%	1h	31.683	+0.460%	$55K	$279K	5x	as long as short
RISEx VVV/USDC	+0.0208%	1h	31.627	+0.282%	$387K	$578K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0230%	1h	31.563	+0.081%	$138K	$369K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0296%	1h	31.829	+0.921%	$194K	$1.1M	25x	as long as short
Hyperliquid VVV	+0.0317%	1h	31.573	+0.111%	$73.1M	$52.1M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0439% / S −0.0193%	1h	31.579	+0.130%	$537K	—	100x	as long as short
01 Exchange VVVUSD	+0.0456%	1h	31.652	+0.361%	$11K	$3K	3x	as long as short