Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.034%

Price spread now: edgeX against Derive+0.052%7-day average — · you sell dearer than you buy

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

Long on Derive Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and edgeX is 0.052% dearer against Derive than usual: you sell high and buy low: +$5 more if the spread 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	Derive VVV-PERP	31.604	0.0100	pay 0.0013% / 1h	42m 37s	$3K	$3K	5x
Short	edgeX VVVUSDC	31.620	0.0114	get 0.0057% / 4h	2h 42m	$79K	$336K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Derive. 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 DerivebpFee edgeXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $3.02
Price spread: +0.052% → 0.000%: $5.16
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$6.82
Costs to cover: 0.150%
Break-even: 22.8 days

Slippage unknown: Derive: no order-book sample; edgeX: live order book, 26 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 Derive no order-book sample	—	—	—	—	—
Sell edgeX live order book, 26 min ago	1.41 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

Derive: 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
Bybit VVVUSDT	−0.0229%	4h	31.523	−0.256%	$38.6M	$51.8M	20x	as long as short
Polymarket Perps VVV-USD	−0.0133%	1h	31.625	+0.067%	$146K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0112%	4h	31.524	−0.253%	$10.6M	$7.1M	25x	as long as short
RISEx VVV/USDC	−0.0111%	1h	31.540	−0.203%	$387K	$617K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.649	+0.143%	$118K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.585	−0.060%	$51K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.610	+0.020%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.617	+0.043%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.550	−0.170%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.848%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.197%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.508	−0.302%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.513	−0.287%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.523	−0.257%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.541	−0.197%	$124K	$849K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.549	−0.173%	$72.8M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.567	−0.116%	$256K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.547	−0.180%	$189K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.558	−0.145%	$33.4M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.552	−0.164%	$4.7M	$40.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.539	−0.205%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.576	−0.088%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.502	−0.322%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.525	−0.249%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.641	+0.116%	$2.1M	$190K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.604	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.621	+0.054%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.537	−0.212%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.618	+0.045%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0114%	4h	31.620	+0.052%	$79K	$336K	10x
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.617	+0.041%	$572K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0181%	1h	31.619	+0.048%	$123K	$329K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.585	−0.061%	$239K	$1.2M	25x	as long as short