Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.025%

Price spread now: Pacifica against edgeX+0.195%52s7-day average −0.039% · you sell dearer than you buy

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

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.195%, 7d avg −0.039%

Together, before fees−0.262%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.234% dearer against edgeX than usual: you sell high and buy low (spread +0.195% now, against its 7-day average of −0.039%): +$23 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 2 months. At the pace of the last 7 days (−0.080% in total) that is about 20 days. The two prices were read 52 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	edgeX VVVUSDC	31.614	0.0111	pay 0.0056% / 4h	1h 05m	$79K	$331K	10x
Short	Pacifica VVV	31.676	0.0100	get 0.0013% / 1h	5m 59s	$187K	$126K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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 edgeXbpFee PacificabpOrdersPrice spread, now +0.195%Rate

Funding earned: −$2.36
Price spread: +0.195% → −0.039%: $23.45
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $4.09
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: edgeX: live order book, 37 min ago; Pacifica: live order book, 37 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 edgeX live order book, 37 min ago	0.95 bp	47.9 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 37 min ago	0.32 bp	35.8 bp −$36	doesn't fit	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.568	−0.145%	$188K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.642	+0.088%	$388K	$654K	5x	as long as short
01 Exchange VVVUSD	−0.0016%	1h	31.662	+0.151%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.692	+0.246%	$92K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.682	+0.215%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.814%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0041%	4h	31.736	+0.385%	$1.4M	$1.5M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0056%	1h	31.698	+0.266%	$88K	$22K	10x	as long as short
Lighter VVV	+0.0096%	1h	31.683	+0.218%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.688	+0.234%	$466K	$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
Paradex VVV-USD-PERP	+0.0100%	8h	31.654	+0.127%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.663	+0.156%	$143K	$924K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.724	+0.347%	$71.0M	$46.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.689	+0.238%	$251K	$948K	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	31.676	+0.195%	$187K	$126K	10x
Binance VVVUSDT	+0.0100%	4h	31.680	+0.209%	$34.0M	$118.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.670	+0.175%	$38.7M	$40.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.680	+0.208%	$4.9M	$30.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.657	+0.136%	$11.5M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.694	+0.253%	$7.0M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.672	+0.183%	$1.7M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.675	+0.192%	$5.8M	$6.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.699	+0.268%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.568	−0.145%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.658	+0.139%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.672	+0.181%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.683	+0.218%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.684	+0.222%	$303K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.698	+0.265%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0111%	4h	31.614	long leg	$79K	$331K	10x
Phoenix VVV	+0.0307%	1h	31.632	+0.056%	$33K	$232K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0428%	1h	31.722	+0.341%	$156K	$269K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0436% / S −0.0207%	1h	31.706	+0.292%	$510K	—	100x	as long as short