Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0091%/8h= −9.9% APRpaid last 24h +0.043%

Price spread now: RISEx against BloFin−0.184%7-day average −0.066% · 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−$50as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on BloFin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.170%+$17 on $10k

Price spread, last 3 days (all we have)−0.004%$0 · spread now −0.184%, 7d avg −0.066%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and RISEx is 0.117% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.066%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.170%, 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	BloFin VVV-USDT	32.278	0.0076	pay 0.0038% / 4h	3h 24m	$1.3M	$1.8M	25x
Short	RISEx VVV/USDC	32.219	−0.0015	pay 0.0002% / 1h	24m 50s	$396K	$601K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against BloFin. 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 BloFinbpFee RISExbpOrdersPrice spread, now −0.184%Rate

Funding earned: −$19.01
Price spread: −0.184% → −0.066%: −$11.73
Slippage, 4 orders: −$20.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$69.14
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from BloFin: live order book, 3 min ago; RISEx: live order book, 49 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 BloFin live order book, 3 min ago	0.62 bp	14.1 bp −$14	26.5 bp −$265	doesn't fit	doesn't fit
Sell RISEx live order book, 49 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	−0.0262%	1h	32.222	−0.173%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0056%	1h	32.281	+0.009%	$12K	$3K	3x	as long as short
RISEx VVV/USDCshort	−0.0015%	1h	32.219	−0.184%	$396K	$601K	5x
Kalshi KXVVVPERP	0.0000%	8h	32.280	+0.006%	$112K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.028	−0.775%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.258	−0.063%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.239	−0.121%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.679%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDTlong	+0.0076%	4h	32.278	long leg	$1.3M	$1.8M	25x
Gate VVV_USDT	+0.0094%	4h	32.222	−0.173%	$10.8M	$7.4M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0096%	4h	32.195	−0.257%	$39.4M	$51.5M	20x	as long as short
Lighter VVV	+0.0096%	1h	32.210	−0.210%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.198	−0.248%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.228	−0.153%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.255	−0.071%	$74.9M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.263	−0.047%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.228	−0.155%	$193K	$187K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.210	−0.209%	$33.9M	$154.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.182	−0.297%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.222	−0.173%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.236	−0.130%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.215	−0.195%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.227	−0.158%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.284	+0.020%	$125K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.088	−0.590%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.239	−0.122%	$3K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.214	−0.198%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.226	−0.162%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.260	−0.055%	$307K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.252	−0.082%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	32.024	−0.786%	$80K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.241	−0.115%	$583K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.275	−0.010%	$249K	$1.3M	25x	as long as short