Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Paradex+0.111%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 gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 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. gTrade (Gains Network) is 0.111% dearer against Paradex than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	30.700	0.0100	pay 0.0100% / 8h	2h 26m	$3K	$73	5x
Short	gTrade (Gains Network) VVV/USD	30.735	L +0.0004% / S −0.0002%	get 0.0000% / 1h	26m 10s	$22K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.111%Rate

Funding earned: −$20.5
Price spread: +0.111% → 0.000%: $11.12
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$25.38
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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	−0.0329%	1h	30.706	+0.019%	$382K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.230%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0002%	1h	30.735	+0.111%	$22K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.904%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.726	+0.083%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USD	+0.0090%	1h	30.720	+0.064%	$118K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	30.736	+0.116%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.747	+0.152%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	30.700	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.724	+0.075%	$134K	$870K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	30.750	+0.161%	$69.2M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.746	+0.148%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.721	+0.067%	$181K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.755	+0.178%	$33.2M	$121.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.730	+0.096%	$38.1M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.738	+0.122%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.725	+0.080%	$10.8M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.755	+0.178%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.729	+0.093%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.734	+0.109%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.742	+0.135%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.729	+0.093%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.740	+0.130%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.753	+0.171%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.746	+0.148%	$294K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.746	+0.149%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.725	+0.080%	$76K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0135%	4h	30.714	+0.044%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERP	+0.0193%	8h	30.732	+0.103%	$94K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.725	+0.080%	$32K	$243K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0251%	1h	30.770	+0.226%	$86K	$22K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0383%	1h	30.765	+0.211%	$115K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0203%	1h	30.732	+0.101%	$501K	—	100x	as long as short