Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.004%

Price spread now: Extended against MEXC−0.117%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

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

costs, in and out, $10k−$670.671% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 7 days−0.002%$0 · spread now −0.117%, 7d avg −0.064%

Together, before fees+0.006%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.053% cheaper against MEXC than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.064%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.573	0.0100	pay 0.0050% / 4h	1h 27m	$6.8M	$5.7M	50x
Short	Extended VVV-USD	31.536	0.0104	get 0.0013% / 1h	27m 24s	$301K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against MEXC. 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 MEXCbpFee ExtendedbpOrdersPrice spread, now −0.117%Rate

Funding earned: $0.84
Price spread: −0.117% → −0.064%: −$5.29
Slippage, 4 orders: −$62.14
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$71.6
Costs to cover: 0.671%
Break-even: 603.6 days

Slippage from MEXC: live order book, 5 min ago; Extended: live order book, 1 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 MEXC live order book, 5 min ago	0.16 bp	12.3 bp −$12	66.5 bp −$665	219.0 bp −$21.9K	doesn't fit
Sell Extended live order book, 1 min ago	2.16 bp	20.1 bp −$20	167.5 bp −$1,675	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	31.490	−0.264%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.546	−0.087%	$387K	$642K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.551	−0.070%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.476	−0.307%	$88K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.539	−0.108%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0010%	1h	31.470	−0.326%	$14K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.950%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0053%	4h	31.487	−0.272%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.503	−0.222%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.510	−0.200%	$463K	$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	31.519	−0.172%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.581	+0.025%	$134K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.584	+0.035%	$71.0M	$47.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.551	−0.070%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.519	−0.171%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.571	−0.006%	$34.0M	$120.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.553	−0.063%	$38.8M	$41.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.548	−0.079%	$4.9M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.538	−0.111%	$11.3M	$5.4M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.573	long leg	$6.8M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.540	−0.105%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.540	−0.105%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.567	−0.019%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	−0.222%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.561	−0.038%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.681%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.479	−0.298%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	31.536	−0.117%	$301K	$1.5M	5x
Aevo VVV-PERP	+0.0104%	1h	31.556	−0.053%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.502	−0.226%	$78K	$330K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.520	−0.168%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0430% / S −0.0202%	1h	31.477	−0.304%	$503K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0465%	1h	31.517	−0.176%	$153K	$268K	5x	as long as short