Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0065%/8h= −7.1% APRpaid last 24h +0.079%

Price spread now: RISEx against Gate−0.033%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$630.631% of the position

Long on Gate Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.384%+$38 on $10k

Price spread, last 7 days+0.098%+$10 · spread now −0.033%, 7d avg +0.054%

Together, before fees+0.483%+$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and RISEx is 0.087% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.054%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.384%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	31.510	−0.0046	get 0.0023% / 4h	2h 15m	$10.6M	$7.1M	25x
Short	RISEx VVV/USDC	31.500	−0.0111	pay 0.0014% / 1h	15m 18s	$387K	$638K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Gate. 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 GatebpFee RISExbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$13.67
Price spread: −0.033% → +0.054%: −$8.71
Slippage, 4 orders: −$42.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$85.51
Costs to cover: 0.631%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; RISEx: live order book, 53 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 Gate live order book, 3 min ago	7.58 bp	31.1 bp −$31	787.2 bp −$7,872	doesn't fit	doesn't fit
Sell RISEx live order book, 53 min ago	2.08 bp	5.1 bp −$5	22.3 bp −$223	doesn't fit	doesn't fit

VVV on 32 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/USDCshort	−0.0111%	1h	31.500	−0.033%	$387K	$638K	5x
Gate VVV_USDTlong	−0.0046%	4h	31.510	long leg	$10.6M	$7.1M	25x
Deribit VVV_USDC-PERPETUAL	−0.0035%	1h	31.519	+0.028%	$88K	$24K	10x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.516	+0.019%	$135K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.777	+0.847%	$44K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.551	+0.130%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.157%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.516	+0.020%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.505	−0.016%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.509	−0.002%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.524	+0.046%	$131K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.549	+0.124%	$72.7M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.540	+0.096%	$255K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.543	+0.104%	$188K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.542	+0.102%	$33.5M	$148.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.533	+0.073%	$38.6M	$50.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.548	+0.121%	$4.7M	$39.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.526	+0.051%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.549	+0.124%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.508	−0.006%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.532	+0.070%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.525	+0.048%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.518	+0.027%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.597	+0.276%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.532	+0.071%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.535	+0.079%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0106%	8h	31.574	+0.203%	$114K	$6.4M	1.7x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.761	+0.797%	$79K	$336K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.524	+0.044%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.516	+0.019%	$570K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.528	+0.056%	$231K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0285%	1h	31.548	+0.119%	$122K	$316K	5x	as long as short