Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.031%

Price spread now: MEXC against Bybit+0.092%7-day average +0.092% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$55as in the Price arb table

costs, in and out, $10k−$550.550% of the position

Long on Bybit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.121%+$12 on $10k

Price spread, last 7 days+0.048%+$5 · spread now +0.092%, 7d avg +0.092%

Together, before fees+0.168%+$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	32.162	0.0100	pay 0.0050% / 4h	1h 05m	$39.5M	$52.8M	20x
Short	MEXC VVV_USDT	32.192	0.0100	get 0.0050% / 4h	1h 05m	$6.3M	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bybit. 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 BybitbpFee MEXCbpOrdersPrice spread, now +0.092%Rate

Funding earned: $0
Price spread: +0.092% → +0.092%: $0
Slippage, 4 orders: −$44.03
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee MEXC: 0 bp × 2 orders: $0
Net: −$55.03
Costs to cover: 0.550%
Break-even: never at this rate

Slippage from Bybit: live order book, 9 min ago; MEXC: live order book, 7 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 Bybit live order book, 9 min ago	0.16 bp	23.6 bp −$24	99.6 bp −$996	doesn't fit	doesn't fit
Sell MEXC live order book, 7 min ago	0.16 bp	6.4 bp −$6	67.0 bp −$670	350.5 bp −$35.1K	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
Deribit VVV_USDC-PERPETUAL	−0.0110%	1h	32.186	+0.074%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.233	+0.220%	$108K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.170	+0.025%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.045%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0083%	4h	32.207	+0.139%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.219	+0.177%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.186	+0.074%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.251%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.195	+0.102%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.196	+0.105%	$265K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.220	+0.180%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.178	+0.047%	$33.7M	$157.2M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	32.162	long leg	$39.5M	$52.8M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	32.165	+0.008%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.201	+0.120%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	32.192	+0.092%	$6.3M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.193	+0.095%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.169	+0.021%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.161	−0.004%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	+0.076%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.158	−0.013%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.196	+0.106%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.193	+0.095%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.207	+0.140%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.189	+0.082%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.243	+0.252%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.198	+0.112%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.281	+0.368%	$239K	$1.4M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.191	+0.090%	$395K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.157	−0.016%	$618K	—	100x	as long as short
Hyperliquid VVV	+0.0217%	1h	32.201	+0.120%	$74.7M	$55.8M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.226	+0.197%	$122K	$365K	5x	as long as short
01 Exchange VVVUSD	+0.0288%	1h	32.199	+0.114%	$12K	$3K	3x	as long as short