Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h −0.004%

Price spread now: Bitget against RISEx−0.069%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$460.460% of the position

Long on RISEx Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.320%−$32 on $10k

Price spread, last 7 days+0.076%+$8 · spread now −0.069%, 7d avg −0.021%

Together, before fees−0.244%−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.048% cheaper against RISEx than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.021%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 4 days funding on this pair cost −0.320%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	31.563	−0.0349	get 0.0044% / 1h	42m 36s	$391K	$680K	5x
Short	Bitget VVVUSDT	31.541	0.0100	get 0.0050% / 4h	3h 42m	$5.7M	$6.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against RISEx. 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 RISExbpFee BitgetbpOrdersPrice spread, now −0.069%Rate

Funding earned: $94.32
Price spread: −0.069% → −0.021%: −$4.79
Slippage, 4 orders: −$27.99
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: $43.54
Costs to cover: 0.460%
Break-even: 3.8 days

Slippage from RISEx: live order book, 56 min ago; Bitget: live order book, 6 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 RISEx live order book, 56 min ago	2.40 bp	5.4 bp −$5	34.7 bp −$347	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	4.91 bp	16.7 bp −$17	40.4 bp −$404	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/USDClong	−0.0349%	1h	31.563	long leg	$391K	$680K	5x
Deribit VVV_USDC-PERPETUAL	−0.0042%	1h	31.533	−0.095%	$88K	$20K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.558	−0.015%	$98K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.791	+0.725%	$192K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.543	−0.062%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.983%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.543	−0.064%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.554	−0.028%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.547	−0.050%	$3K	$51	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.599	+0.113%	$190K	$975K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.574	+0.035%	$249K	$498K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.553	−0.032%	$186K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.574	+0.036%	$33.7M	$107.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.569	+0.019%	$38.5M	$39.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.603	+0.127%	$4.8M	$26.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.540	−0.072%	$11.9M	$4.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.540	−0.072%	$7.0M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.545	−0.056%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	31.541	−0.069%	$5.7M	$6.3M	20x
BingX VVV-USDT	+0.0100%	4h	31.527	−0.114%	—	$4.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.735	+0.546%	$2.0M	$371K	—	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.663	+0.318%	$79K	$331K	10x	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.543	−0.063%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.653	+0.286%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.565	+0.007%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.536	−0.084%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.559	−0.013%	$6K	—	3x	as long as short
Hyperliquid VVV	+0.0112%	1h	31.586	+0.073%	$70.4M	$43.6M	3x	as long as short
BloFin VVV-USDT	+0.0154%	4h	31.542	−0.066%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0229%	1h	31.673	+0.349%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0440%	1h	31.597	+0.108%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0217%	1h	31.548	−0.048%	$507K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0869%	1h	31.559	−0.011%	$160K	$259K	5x	as long as short