Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: OKX against MEXC−0.054%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$390.388% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.054%, 7d avg −0.035%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.460	0.0100	pay 0.0050% / 4h	1h 42m	$6.7M	$5.6M	50x
Short	OKX VVV-USDT-SWAP	31.443	0.0100	get 0.0050% / 4h	1h 42m	$4.9M	$31.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $0
Price spread: −0.054% → −0.035%: −$1.87
Slippage, 4 orders: −$28.79
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$40.66
Costs to cover: 0.388%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; OKX: 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	1.5 bp −$2	43.0 bp −$430	266.8 bp −$26.7K	doesn't fit
Sell OKX live order book, 1 min ago	0.95 bp	15.3 bp −$15	82.1 bp −$821	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	31.529	+0.219%	$190K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.439	−0.066%	$386K	$649K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.485	+0.079%	$87K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.450	−0.031%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.442	−0.057%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.454	−0.019%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.323%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.438	−0.071%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.442	−0.057%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.459	−0.003%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.462	+0.005%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.490	+0.095%	$70.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.470	+0.030%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.470	+0.032%	$186K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.452	−0.025%	$33.9M	$121.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.435	−0.079%	$38.6M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.443	−0.054%	$4.9M	$31.0M	20x
Gate VVV_USDT	+0.0100%	4h	31.449	−0.035%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.460	long leg	$6.7M	$5.6M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.458	−0.006%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.436	−0.076%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.451	−0.029%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.270	−0.604%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.444	−0.051%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.445	−0.047%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.483	+0.073%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.454	−0.020%	$301K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.455	−0.014%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.370	−0.288%	$78K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0119%	4h	31.467	+0.022%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.402	−0.184%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0201%	1h	31.441	−0.059%	$503K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0495%	1h	31.500	+0.129%	$150K	$264K	5x	as long as short