Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.042%

Price spread now: edgeX against Deribit−0.079%75s7-day average — · you buy dearer than you sell

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

Long on Deribit Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.180%+$18 on $10k

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 0.079% cheaper against Deribit than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 2.4 days of funding at the current rate (+$3 a day). The two prices were read 75 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	Deribit VVV_USDC-PERPETUAL	31.491	0	get 0.0000% / 1h	29m 51s	$88K	$22K	10x
Short	edgeX VVVUSDC	31.466	0.0112	get 0.0056% / 4h	1h 29m	$78K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Deribit. 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 DeribitbpFee edgeXbpOrdersPrice spread, now −0.079%Rate

Funding earned: $23.5
Price spread: −0.079% → 0.000%: −$7.94
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$0.44
Costs to cover: 0.160%
Break-even: 7.1 days

Slippage unknown: Deribit: no order-book sample; edgeX: live order book, 13 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 Deribit no order-book sample	—	—	—	—	—
Sell edgeX live order book, 13 min ago	0.95 bp	35.0 bp −$35	doesn't fit	doesn't fit	doesn't fit

Deribit: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.507	+0.050%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.453	−0.121%	$386K	$644K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.464	−0.086%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.506	+0.048%	$86K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	0.0000%	1h	31.491	long leg	$88K	$22K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.518	+0.085%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.220%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.471	−0.065%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.485	−0.019%	$463K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	31.513	+0.070%	$1.4M	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.472	−0.062%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.480	−0.033%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.531	+0.127%	$70.9M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.523	+0.102%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.491	−0.001%	$186K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.524	+0.105%	$34.0M	$120.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.496	+0.015%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.514	+0.073%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.498	+0.022%	$11.3M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.526	+0.111%	$6.8M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.512	+0.067%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.510	+0.060%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.506	+0.048%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	+0.038%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.478	−0.041%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.423%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.500	+0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.509	+0.057%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.493	+0.006%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0112%	4h	31.466	−0.079%	$78K	$333K	10x
Phoenix VVV	+0.0307%	1h	31.366	−0.397%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0430% / S −0.0202%	1h	31.523	+0.103%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0480%	1h	31.521	+0.097%	$151K	$267K	5x	as long as short