Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.067%

Price spread now: MEXC against 01 Exchange−0.032%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on MEXC

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—needs both histories

Funding pays, the price is against you. MEXC is 0.032% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.032% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	31.574	0	get 0.0000% / 1h	24m 45s	$11K	$2K	3x
Short	MEXC VVV_USDT	31.564	0.0100	get 0.0050% / 4h	1h 24m	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against 01 Exchange. 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 01 ExchangebpFee MEXCbpOrdersPrice spread, now −0.032%Rate

Funding earned: $21
Price spread: −0.032% → 0.000%: −$3.17
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $10.83
Costs to cover: 0.070%
Break-even: 3.4 days

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 3 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 01 Exchange no order-book sample	—	—	—	—	—
Sell MEXC live order book, 3 min ago	0.63 bp	3.6 bp −$4	51.8 bp −$518	doesn't fit	doesn't fit

01 Exchange: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.490	−0.267%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.521	−0.168%	$387K	$642K	5x	as long as short
01 Exchange VVVUSDlong	0.0000%	1h	31.574	long leg	$11K	$2K	3x
Kalshi KXVVVPERP	0.0000%	8h	31.605	+0.098%	$88K	$5.5M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.551	−0.073%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.543	−0.097%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.946%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	31.562	−0.038%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.549	−0.081%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.547	−0.086%	$464K	$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
Paradex VVV-USD-PERP	+0.0100%	8h	31.551	−0.074%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.575	+0.005%	$134K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.583	+0.029%	$71.0M	$46.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.572	−0.006%	$250K	$951K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.561	−0.040%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.573	−0.002%	$34.0M	$119.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.562	−0.038%	$38.7M	$41.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.562	−0.038%	$4.9M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.543	−0.098%	$11.3M	$5.5M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.564	−0.032%	$6.8M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.579	+0.016%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.542	−0.101%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.577	+0.010%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.505	−0.219%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.570	−0.013%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.684%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.553	−0.067%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.544	−0.094%	$78K	$330K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.540	−0.108%	$301K	$1.3M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.569	−0.016%	$6K	—	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.520	−0.171%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0431% / S −0.0202%	1h	31.571	−0.011%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0465%	1h	31.565	−0.029%	$153K	$267K	5x	as long as short