Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0517%/8h= −56.6% APRpaid last 24h +0.035%

Price spread now: RISEx against MEXC−0.015%7-day average −0.045% · 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−$17as in the Price arb table

costs, in and out, $10k−$200.201% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.282%+$28 on $10k

Price spread, last 7 days−0.028%−$3 · spread now −0.015%, 7d avg −0.045%

Together, before fees+0.253%+$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.031% dearer against MEXC than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.045%): +$3 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 5 hours. Mind the row above: over the last 4 days funding on this pair paid +0.282%, 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	MEXC VVV_USDT	30.539	0.0100	pay 0.0050% / 4h	3h 41m	$6.2M	$5.8M	50x
Short	RISEx VVV/USDC	30.534	−0.0417	pay 0.0052% / 1h	41m 51s	$374K	$648K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$108.61
Price spread: −0.015% → −0.045%: $3.06
Slippage, 4 orders: −$14.06
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$125.61
Costs to cover: 0.201%
Break-even: never at this rate

Slippage from MEXC: live order book, 1 min ago; RISEx: live order book, 12 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	0.82 bp	5.7 bp −$6	62.9 bp −$629	227.9 bp −$22.8K	doesn't fit
Sell RISEx live order book, 12 min ago	1.89 bp	4.9 bp −$5	25.8 bp −$258	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
RISEx VVV/USDCshort	−0.0417%	1h	30.534	−0.015%	$374K	$648K	5x
Polymarket Perps VVV-USD	−0.0102%	1h	30.526	−0.043%	$127K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.555	+0.051%	$149K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.555	+0.052%	$105K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.536	−0.009%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.546	+0.022%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.469%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.473	−0.217%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.491	−0.157%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.546	+0.022%	$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	30.550	+0.036%	$140K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.483	−0.183%	$69.3M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.532	−0.024%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.568	+0.096%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.486	−0.174%	$32.7M	$126.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.462	−0.253%	$37.9M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.469	−0.229%	$4.7M	$31.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.491	−0.157%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	30.539	long leg	$6.2M	$5.8M	50x
KuCoin VVVUSDTM	+0.0100%	4h	30.532	−0.023%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.451	−0.288%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.498	−0.134%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.671	+0.431%	$1.8M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.530	−0.030%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.598	+0.193%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.499	−0.132%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.551	+0.038%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.694	+0.508%	$76K	$334K	10x	as long as short
BloFin VVV-USDT	+0.0120%	4h	30.588	+0.160%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	30.548	+0.029%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.551	+0.039%	$32K	$257K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0203%	1h	30.555	+0.053%	$121K	$246K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0174%	1h	30.538	−0.004%	$535K	—	100x	as long as short