Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.035%

Price spread now: Polymarket Perps against MEXC−0.227%7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$310.315% of the position

Long on MEXC Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 7 days+0.160%+$16 · spread now −0.227%, 7d avg −0.059%

Together, before fees−0.008%−$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: Polymarket Perps is 0.168% cheaper against MEXC than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.661	0.0100	pay 0.0050% / 4h	1h 21m	$6.9M	$5.7M	50x
Short	Polymarket Perps VVV-USD	31.589	0.0100	get 0.0013% / 1h	21m 51s	$122K	$1.4M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.227%Rate

Funding earned: $0
Price spread: −0.227% → −0.059%: −$16.82
Slippage, 4 orders: −$23.49
Fee MEXC: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$48.31
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; Polymarket Perps: live order book, 2 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, 1 min ago	0.79 bp	12.0 bp −$12	65.1 bp −$651	238.4 bp −$23.8K	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	3.81 bp	7.8 bp −$8	8.5 bp −$85	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	31.602	−0.187%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.574	−0.274%	$387K	$644K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.590	−0.224%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.606	−0.174%	$92K	$5.5M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.626	−0.109%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.552	−0.344%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.661%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	31.547	−0.360%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.615	−0.145%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.615	−0.145%	$465K	$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	31.588	−0.231%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.582	−0.248%	$133K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.652	−0.028%	$71.1M	$46.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.641	−0.063%	$251K	$951K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.570	−0.287%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.650	−0.035%	$34.1M	$119.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.632	−0.091%	$38.8M	$41.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.632	−0.092%	$4.9M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.644	−0.054%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.661	long leg	$6.9M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.654	−0.022%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.643	−0.057%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.649	−0.038%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.505	−0.493%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USDshort	+0.0100%	1h	31.589	−0.227%	$122K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.358	−0.957%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.604	−0.180%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.544	−0.369%	$78K	$330K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.642	−0.059%	$303K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.615	−0.146%	$6K	—	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.572	−0.281%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0432% / S −0.0203%	1h	31.608	−0.168%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0446%	1h	31.658	−0.009%	$154K	$266K	5x	as long as short