Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: MEXC against OKX+0.079%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$49as in the Price arb table

costs, in and out, $10k−$530.532% of the position

Long on OKX Short on MEXC

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−0.066%−$7 · spread now +0.079%, 7d avg +0.037%

Together, before fees−0.009%−$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: MEXC is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.037%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	31.566	0.0100	pay 0.0050% / 4h	2h 17m	$4.7M	$39.7M	20x
Short	MEXC VVV_USDT	31.591	0.0100	get 0.0050% / 4h	2h 17m	$6.4M	$6.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against OKX. 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 OKXbpFee MEXCbpOrdersPrice spread, now +0.079%Rate

Funding earned: $0
Price spread: +0.079% → +0.037%: $4.24
Slippage, 4 orders: −$43.23
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$49
Costs to cover: 0.532%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; MEXC: live order book, 5 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 OKX live order book, 1 min ago	1.89 bp	15.3 bp −$15	77.2 bp −$772	doesn't fit	doesn't fit
Sell MEXC live order book, 5 min ago	0.16 bp	0.5 bp $0	10.3 bp −$103	227.0 bp −$22.7K	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/USDC	−0.0111%	1h	31.570	+0.013%	$387K	$637K	5x	as long as short
Gate VVV_USDT	−0.0034%	4h	31.563	−0.010%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0012%	1h	31.578	+0.038%	$135K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.777	+0.668%	$45K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.689	+0.391%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.598	+0.100%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.973%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.584	+0.056%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.598	+0.101%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.588	+0.070%	$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	31.581	+0.048%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.601	+0.111%	$72.9M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.639	+0.230%	$256K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.605	+0.123%	$189K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.580	+0.044%	$33.5M	$148.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.567	+0.004%	$38.7M	$50.4M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	31.566	long leg	$4.7M	$39.7M	20x
MEXC VVV_USDTshort	+0.0100%	4h	31.591	+0.079%	$6.4M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.604	+0.120%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.552	−0.044%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.595	+0.092%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.702	+0.431%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.697	+0.414%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.710	+0.456%	$2.0M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	31.732	+0.526%	$119K	$6.4M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	31.586	+0.064%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.714	+0.468%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.761	+0.618%	$79K	$336K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.602	+0.114%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.706	+0.443%	$573K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.786	+0.696%	$233K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0300%	1h	31.625	+0.186%	$122K	$316K	5x	as long as short