Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%

Price spread now: Derive against Paradex+0.037%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 Derive

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: Derive is 0.037% dearer against Paradex than usual: you sell high and buy low, +$4 on $10k if it 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	32.098	0.0100	pay 0.0100% / 8h	7h 25m	$3K	$106	5x
Short	Derive VVV-PERP	32.110	0.0100	get 0.0013% / 1h	25m 51s	$3K	$2K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → 0.000%: $3.69
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Derive: 3 bp × 2 orders: −$6
Net: −$6.31
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Derive: 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 Derive no order-book sample	—	—	—	—	—

Paradex and Derive: 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	−0.0279%	1h	32.108	+0.031%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0064%	1h	32.071	−0.084%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.088	−0.030%	$395K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.116	+0.056%	$111K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.028	−0.218%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.095	−0.010%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.114	+0.050%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.249%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0048%	4h	32.149	+0.159%	$10.8M	$7.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.095	−0.010%	$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	32.065	−0.103%	$474K	$1.6M	5x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.187	+0.277%	$39.4M	$51.5M	20x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.103	+0.017%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.234	+0.424%	$74.8M	$55.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.071	−0.084%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.122	+0.076%	$192K	$187K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.169	+0.221%	$33.8M	$154.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.219	+0.377%	$4.7M	$41.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.159	+0.190%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.139	+0.128%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.149	+0.159%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.199	+0.315%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.098	+0.001%	$125K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.088	−0.032%	$2.1M	$190K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.110	+0.037%	$3K	$2K	5x
Phemex VVVUSDT	+0.0100%	4h	32.095	−0.009%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.098	long leg	$3K	$106	5x
edgeX VVVUSDC	+0.0102%	4h	32.009	−0.277%	$80K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.135	+0.117%	$306K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.087	−0.033%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0130%	4h	32.012	−0.268%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.105	+0.023%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.219	+0.378%	$248K	$1.3M	25x	as long as short