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% APRpaid last 24h 0.000%

Price spread now: Bybit against Paradex+0.074%49s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.074% dearer against Paradex than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	31.060	0.0100	pay 0.0100% / 8h	5h 53m	$3K	$73	5x
Short	Bybit VVVUSDT	31.083	0.0100	get 0.0050% / 4h	1h 53m	$38.2M	$49.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now +0.074%Rate

Funding earned: $0.04
Price spread: +0.074% → 0.000%: $7.36
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$7.6
Costs to cover: 0.150%
Break-even: 1315.4 days

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 5 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	1.59 bp	13.9 bp −$14	56.2 bp −$562	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0152%	1h	31.073	+0.042%	$381K	$644K	5x	as long as short
Polymarket Perps VVV-USD	−0.0070%	1h	31.086	+0.084%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0062%	4h	31.048	−0.039%	$10.4M	$6.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.373	+1.008%	$38K	$264K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.100	+0.129%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.103	+0.137%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.666%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.065	+0.016%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.060	0.000%	$460K	$1.5M	5x	as long as short
01 Exchange VVVUSD	+0.0096%	1h	31.091	+0.100%	$11K	$3K	3x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.060	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	31.099	+0.124%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.104	+0.141%	$71.6M	$53.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.091	+0.100%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.082	+0.069%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.093	+0.106%	$33.1M	$146.4M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	31.083	+0.074%	$38.2M	$49.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.094	+0.109%	$4.7M	$38.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.073	+0.042%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.053	−0.023%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.083	+0.074%	$5.6M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.070	+0.032%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.270	+0.677%	$2.0M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.090	+0.096%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.114	+0.174%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.056	−0.013%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.103	+0.138%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	31.176	+0.373%	$77K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0128%	8h	31.120	+0.193%	$106K	$6.2M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.121	+0.196%	$154K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.089	+0.093%	$560K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0268%	1h	31.090	+0.095%	$120K	$308K	5x	as long as short