Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.046%

Price spread now: BloFin against Polymarket Perps−0.166%7-day average +0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$400.404% of the position

Long on Polymarket Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.300%+$30 on $10k

Price spread, last 4 days (all we have)+0.509%+$51 · spread now −0.166%, 7d avg +0.074%

Together, before fees+0.809%+$81 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.240% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of +0.074%). If the spread goes back, that is −$24 on $10k: about 9.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.412	0.0030	pay 0.0004% / 1h	29m 17s	$135K	$1.2M	3x
Short	BloFin VVV-USDT	31.360	0.0119	get 0.0059% / 4h	1h 29m	$1.4M	$1.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Polymarket Perps. 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 Polymarket PerpsbpFee BloFinbpOrdersPrice spread, now −0.166%Rate

Funding earned: $18.62
Price spread: −0.166% → +0.074%: −$23.98
Slippage, 4 orders: −$20.39
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$45.75
Costs to cover: 0.404%
Break-even: 24.2 days

Slippage from Polymarket Perps: live order book, 4 min ago; BloFin: live order book, 3 min ago.

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 Polymarket Perps live order book, 4 min ago	3.22 bp	7.2 bp −$7	16.0 bp −$160	doesn't fit	doesn't fit
Sell BloFin live order book, 3 min ago	0.97 bp	11.9 bp −$12	20.6 bp −$206	doesn't fit	doesn't fit

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	−0.0152%	1h	31.370	−0.134%	$385K	$643K	5x	as long as short
Gate VVV_USDT	−0.0088%	4h	31.394	−0.057%	$10.5M	$6.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.402	−0.033%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.436	+0.076%	$11K	$3K	3x	as long as short
Polymarket Perps VVV-USDlong	+0.0030%	1h	31.412	long leg	$135K	$1.2M	3x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.482%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.357	−0.175%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.341	−0.226%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.342	−0.223%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.409	−0.011%	$133K	$846K	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	31.434	+0.070%	$72.3M	$51.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.360	−0.167%	$253K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.232	−0.574%	$187K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.371	−0.131%	$33.4M	$142.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.358	−0.171%	$38.6M	$47.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.375	−0.118%	$4.8M	$38.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.372	−0.127%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.333	−0.251%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.385	−0.086%	$5.7M	$8.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.407	−0.016%	—	$5.3M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−1.214%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.360	−0.164%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.353	−0.188%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.371	−0.131%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.343	−0.219%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	−1.145%	$77K	$335K	10x	as long as short
BloFin VVV-USDTshort	+0.0119%	4h	31.360	−0.166%	$1.4M	$1.7M	25x
Deribit VVV_USDC-PERPETUAL	+0.0123%	1h	31.376	−0.116%	$87K	$24K	10x	as long as short
Kalshi KXVVVPERP	+0.0143%	8h	31.314	−0.312%	$107K	$6.0M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.134	−0.885%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.175	−0.754%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.385	−0.085%	$565K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0185%	1h	31.041	−1.181%	$113K	$300K	5x	as long as short