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% APRpaid last 24h 0.000%

Price spread now: Paradex against Bybit+0.043%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.043% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.216	0.0100	pay 0.0050% / 4h	1h 54m	$38.4M	$41.5M	20x
Short	Paradex VVV-USD-PERP	31.229	0.0100	get 0.0100% / 8h	1h 54m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → 0.000%: $4.27
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$10.73
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 4 min ago; Paradex: no order-book sample. 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 Bybit live order book, 4 min ago	2.56 bp	13.9 bp −$14	33.6 bp −$336	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	31.204	−0.038%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.283	+0.216%	$384K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.303	+0.278%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.306	+0.289%	$22K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.297	+0.259%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.138%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.219	+0.008%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.231	+0.048%	$458K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.229	+0.043%	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	31.301	+0.274%	$162K	$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	31.287	+0.227%	$70.4M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.268	+0.168%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.251	+0.111%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.255	+0.124%	$33.7M	$121.2M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.216	long leg	$38.4M	$41.5M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.232	+0.051%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.243	+0.086%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.261	+0.144%	$6.6M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.265	+0.157%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.237	+0.067%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.253	+0.119%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.158	−0.186%	$1.9M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.285	+0.221%	$121K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.295	+0.252%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.290	+0.237%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.269	+0.171%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.315	+0.317%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0116%	8h	31.306	+0.288%	$95K	$5.5M	1.7x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.281	+0.207%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0122%	4h	31.311	+0.304%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	31.283	+0.215%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0199%	1h	31.296	+0.255%	$501K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0502%	1h	31.325	+0.350%	$149K	$264K	5x	as long as short