Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h 0.000%

Price spread now: Gate against Paradex−0.062%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Gate

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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.062% cheaper against Paradex than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	32.035	0.0100	pay 0.0100% / 8h	7h 27m	$3K	$106	5x
Short	Gate VVV_USDT	32.015	0.0020	get 0.0010% / 4h	3h 27m	$10.8M	$7.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.062%Rate

Funding earned: −$16.8
Price spread: −0.062% → 0.000%: −$6.24
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$42.04
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago	8.28 bp	24.8 bp −$25	141.4 bp −$1,414	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	−0.0284%	1h	32.011	−0.075%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0072%	1h	32.043	+0.025%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0053%	1h	32.022	−0.039%	$91K	$23K	10x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.032	−0.008%	$394K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.060	+0.078%	$109K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.028	−0.022%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.033	−0.005%	$19K	—	150x	as long as short
Gate VVV_USDTshort	+0.0020%	4h	32.015	−0.062%	$10.8M	$7.4M	25x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.451%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.018	−0.053%	$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	32.004	−0.097%	$473K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.014	−0.067%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.063	+0.087%	$74.4M	$55.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.048	+0.040%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.066	+0.098%	$192K	$187K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.016	−0.058%	$33.7M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.044	+0.029%	$39.3M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.018	−0.053%	$4.7M	$41.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.028	−0.022%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.038	+0.009%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.017	−0.056%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.019	−0.050%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.055	+0.063%	$124K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.153	+0.367%	$2.1M	$188K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.034	−0.003%	$3K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.019	−0.050%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.035	long leg	$3K	$106	5x
edgeX VVVUSDC	+0.0102%	4h	32.009	−0.081%	$80K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.011	−0.074%	$306K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.041	+0.019%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0130%	4h	32.012	−0.072%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.031	−0.012%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.219	+0.576%	$248K	$1.3M	25x	as long as short