Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.012%

Price spread now: Deribit against Paradex+0.042%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 Deribit

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

The price spread pays, funding is against you. Deribit is 0.042% dearer against Paradex than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	30.536	0.0100	pay 0.0100% / 8h	3h 44m	$3K	$73	5x
Short	Deribit VVV_USDC-PERPETUAL	30.549	0	get 0.0000% / 1h	44m 45s	$85K	$24K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$20.99
Price spread: +0.042% → 0.000%: $4.22
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$27.78
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Deribit: no order-book sample. 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 Deribit no order-book sample	—	—	—	—	—

Paradex and Deribit: 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
RISEx VVV/USDC	−0.0417%	1h	30.513	−0.077%	$374K	$645K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.555	+0.060%	$149K	$1.2M	25x	as long as short
Polymarket Perps VVV-USD	−0.0082%	1h	30.519	−0.056%	$127K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.674	+0.452%	$104K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	30.549	+0.042%	$85K	$24K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.548	+0.038%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.479%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.559	+0.077%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.567	+0.101%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	30.536	long leg	$3K	$73	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	30.567	+0.103%	$140K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.534	−0.007%	$69.4M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.552	+0.052%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.587	+0.166%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.538	+0.006%	$32.7M	$127.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.520	−0.053%	$38.0M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.529	−0.023%	$4.7M	$31.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.514	−0.072%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.537	+0.003%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.555	+0.062%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.514	−0.072%	$5.6M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.533	−0.010%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.671	+0.440%	$1.8M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.552	+0.053%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.635	+0.324%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.524	−0.038%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.575	+0.127%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	30.564	+0.091%	$1.3M	$1.5M	25x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.694	+0.518%	$76K	$334K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.710	+0.569%	$32K	$257K	5x	as long as short
01 Exchange VVVUSD	+0.0160%	1h	30.532	−0.013%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0196%	1h	30.583	+0.154%	$121K	$247K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.537	+0.003%	$535K	—	100x	as long as short