Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h +0.081%

Price spread now: RISEx against Variational Omni+0.376%7-day average +0.023% · you sell dearer than you buy

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

Long on Variational Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.347%+$35 on $10k

Price spread, last 7 days−0.258%−$26 · spread now +0.376%, 7d avg +0.023%

Together, before fees+0.089%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.353% dearer against Variational Omni than usual: you sell high and buy low (spread +0.376% now, against its 7-day average of +0.023%): +$35 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 10 days. Mind the row above: over the last 3 days funding on this pair paid +0.347%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.917	0.0100	pay 0.0050% / 4h	3h 49m	$2.1M	$187K	—
Short	RISEx VVV/USDC	32.037	−0.0015	pay 0.0002% / 1h	49m 12s	$394K	$599K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Variational Omni. 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 Variational OmnibpFee RISExbpOrdersPrice spread, now +0.376%Rate

Funding earned: −$24.11
Price spread: +0.376% → +0.023%: $35.29
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $5.18
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; RISEx: live order book, 24 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 Variational Omni RFQ quote, 5 min ago	4.45 bp	doesn't fit	45.6 bp −$456	doesn't fit	doesn't fit
Sell RISEx live order book, 24 min ago	1.41 bp	4.6 bp −$5	doesn't fit	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
Polymarket Perps VVV-USD	−0.0184%	1h	32.072	+0.487%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0048%	1h	32.042	+0.393%	$11K	$3K	3x	as long as short
RISEx VVV/USDCshort	−0.0015%	1h	32.037	+0.376%	$394K	$599K	5x
Kalshi KXVVVPERP	0.0000%	8h	32.072	+0.487%	$107K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	+0.014%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.105	+0.589%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.111	+0.610%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.831%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.112	+0.613%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.106	+0.594%	$478K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.053	+0.429%	$126K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.106	+0.594%	$74.4M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.083	+0.522%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.044	+0.398%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.133	+0.678%	$33.7M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.119	+0.634%	$39.5M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.120	+0.637%	$4.7M	$42.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.095	+0.559%	$10.8M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.100	+0.575%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.020	+0.324%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.089	+0.540%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.108	+0.600%	—	$5.5M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.917	long leg	$2.1M	$187K	—
Derive VVV-PERP	+0.0100%	1h	32.112	+0.613%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.089	+0.540%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.032	+0.361%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.107	+0.596%	$301K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.094	+0.557%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.859	−0.182%	$79K	$334K	10x	as long as short
BloFin VVV-USDT	+0.0119%	4h	32.132	+0.675%	$1.3M	$1.8M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0161%	1h	32.046	+0.406%	$124K	$339K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.103	+0.585%	$581K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.953	+0.115%	$240K	$1.3M	25x	as long as short