Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h −0.005%

Price spread now: Coinbase International against Paradex+0.056%7-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 Coinbase International

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

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.056% dearer against Paradex than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	31.948	0.0100	pay 0.0100% / 8h	7h 51m	$3K	$106	5x
Short	Coinbase International VVV-PERP-INTX	31.966	0.0320	get 0.0040% / 1h	51m 34s	$240K	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now +0.056%Rate

Funding earned: $46.2
Price spread: +0.056% → 0.000%: $5.61
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $37.81
Costs to cover: 0.140%
Break-even: 1.3 days

Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	31.17 bp	36.8 bp −$37	44.0 bp −$440	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 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
Polymarket Perps VVV-USD	−0.0203%	1h	32.015	+0.210%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0040%	1h	31.905	−0.135%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.912	−0.114%	$392K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.977	+0.091%	$107K	$6.8M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.084%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.032	+0.262%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.051	+0.323%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.730%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	31.849	−0.310%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.934	−0.043%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.929	−0.059%	$475K	$1.6M	5x	as long as short
Gate VVV_USDT	+0.0096%	4h	31.932	−0.050%	$10.7M	$7.3M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.919	−0.089%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.921	−0.084%	$74.0M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.954	+0.020%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.957	+0.030%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.936	−0.038%	$33.5M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.935	−0.041%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.941	−0.022%	$4.7M	$41.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.940	−0.025%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.946	−0.006%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.916	−0.100%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.938	−0.031%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.948	−0.001%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.018	+0.220%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.990	+0.132%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.948	long leg	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	31.917	−0.098%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.994	+0.144%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.859	−0.280%	$79K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0161%	1h	31.998	+0.158%	$124K	$339K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.053	+0.328%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0320%	1h	31.966	+0.056%	$240K	$1.3M	25x