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 +0.056%

Price spread now: RISEx against Binance+0.005%7-day average −0.050% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.297%+$30 on $10k

Price spread, last 7 days−0.053%−$5 · spread now +0.005%, 7d avg −0.050%

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

The price spread pays, funding is against you. RISEx is 0.055% dearer against Binance than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.050%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 38 hours. Mind the row above: over the last 3 days funding on this pair paid +0.297%, 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	Binance VVVUSDT	32.019	0.0100	pay 0.0050% / 4h	3h 49m	$33.6M	$155.7M	25x
Short	RISEx VVV/USDC	32.021	−0.0015	pay 0.0002% / 1h	49m 58s	$394K	$599K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.005%Rate

Funding earned: −$24.11
Price spread: +0.005% → −0.050%: $5.49
Slippage, 4 orders: −$21.39
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$56.01
Costs to cover: 0.374%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; RISEx: live order book, 24 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, 8 min ago	0.16 bp	14.2 bp −$14	39.7 bp −$397	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	−0.0197%	1h	32.004	−0.047%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0040%	1h	32.014	−0.016%	$11K	$3K	3x	as long as short
RISEx VVV/USDCshort	−0.0015%	1h	32.021	+0.005%	$394K	$599K	5x
Kalshi KXVVVPERP	0.0000%	8h	32.063	+0.137%	$107K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.306%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.007	−0.037%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.027	+0.025%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.502%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.002	−0.052%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.994	−0.078%	$476K	$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	32.010	−0.030%	$126K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.033	+0.044%	$74.2M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.011	−0.025%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.039	+0.063%	$191K	$191K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	32.019	long leg	$33.6M	$155.7M	25x
Bybit VVVUSDT	+0.0100%	4h	32.002	−0.053%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.011	−0.025%	$4.7M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.995	−0.075%	$10.8M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.017	−0.006%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.999	−0.062%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.994	−0.078%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.020	+0.003%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.917	−0.320%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.014	−0.017%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.993	−0.081%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.017	−0.006%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.013	−0.019%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.004	−0.048%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.859	−0.501%	$79K	$334K	10x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.946	−0.228%	$1.3M	$1.8M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0161%	1h	32.046	+0.085%	$124K	$339K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.028	+0.029%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.953	−0.205%	$240K	$1.3M	25x	as long as short