Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.034%7-day average −0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days+0.029%+$3 · spread now −0.034%, 7d avg −0.003%

Together, before fees+0.028%+$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.031% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	31.480	0.0100	pay 0.0050% / 4h	1h 50m	$34.0M	$121.3M	25x
Short	MEXC VVV_USDT	31.469	0.0100	get 0.0050% / 4h	1h 50m	$6.7M	$5.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.034%Rate

Funding earned: $0
Price spread: −0.034% → −0.003%: −$3.09
Slippage, 4 orders: −$35.03
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.12
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; MEXC: live order book, 2 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 Binance live order book, 7 min ago	0.16 bp	15.2 bp −$15	49.8 bp −$498	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.48 bp	1.2 bp −$1	48.1 bp −$481	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.384	−0.303%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.443	−0.117%	$386K	$649K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.443	−0.117%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.428	−0.163%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.473	−0.021%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.258%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.424	−0.178%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.446	−0.107%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.449	−0.098%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.429	−0.161%	$163K	$897K	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	31.481	+0.004%	$70.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.458	−0.068%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.455	−0.079%	$186K	$128K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.480	long leg	$34.0M	$121.3M	25x
Bybit VVVUSDT	+0.0100%	4h	31.440	−0.126%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.466	−0.043%	$4.9M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.438	−0.132%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.469	−0.034%	$6.7M	$5.6M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.425	−0.174%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.446	−0.107%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.458	−0.069%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.407	−0.230%	$2.0M	$351K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.404	−0.240%	$121K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.434	−0.146%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.421	−0.186%	$2.0M	$2.1M	50x	as long as short
BloFin VVV-USDT	+0.0102%	4h	31.460	−0.063%	$1.4M	$1.5M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.473	−0.021%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.417	−0.199%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0107%	8h	31.397	−0.263%	$86K	$5.6M	1.7x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.336	−0.455%	$78K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.250	−0.730%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0200%	1h	31.428	−0.165%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0472%	1h	31.491	+0.035%	$150K	$265K	5x	as long as short