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 −0.013%

Price spread now: Polymarket Perps against Bybit+0.028%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Bybit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.028%, 7d avg +0.028%

Together, before fees−0.064%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit VVVUSDT	31.616	0.0100	pay 0.0050% / 4h	19m 10s	$38.5M	$39.9M	20x
Short	Polymarket Perps VVV-USD	31.625	0.0100	get 0.0013% / 1h	19m 10s	$122K	$1.4M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.028%Rate

Funding earned: $0
Price spread: +0.028% → +0.028%: $0.06
Slippage, 4 orders: −$26.87
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$45.81
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; Polymarket Perps: live order book, 4 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, 5 min ago	0.16 bp	10.5 bp −$10	40.6 bp −$406	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	3.97 bp	8.0 bp −$8	8.6 bp −$86	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
RISEx VVV/USDC	−0.0337%	1h	31.605	−0.034%	$388K	$664K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.573	−0.135%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.636	+0.063%	$96K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.632	+0.050%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.612	−0.012%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.808%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0046%	4h	31.593	−0.073%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.620	+0.011%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.625	+0.028%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.608	−0.024%	$3K	$73	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	31.626	+0.033%	$163K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.662	+0.145%	$70.8M	$44.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.626	+0.032%	$250K	$627K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.619	+0.009%	$186K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.622	+0.019%	$33.7M	$113.1M	25x	as long as short
Bybit VVVUSDTlong	+0.0100%	4h	31.616	long leg	$38.5M	$39.9M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.619	+0.009%	$4.8M	$28.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.648	+0.101%	$7.0M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.584	−0.101%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.609	−0.022%	$5.8M	$6.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.634	+0.057%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.486	−0.411%	$2.0M	$356K	—	as long as short
Polymarket Perps VVV-USDshort	+0.0100%	1h	31.625	+0.028%	$122K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.467	−0.472%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.634	+0.057%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.643	+0.086%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.613	−0.010%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.529	−0.274%	$78K	$330K	10x	as long as short
01 Exchange VVVUSD	+0.0136%	1h	31.648	+0.101%	$11K	$2K	3x	as long as short
BloFin VVV-USDT	+0.0137%	4h	31.648	+0.101%	$1.4M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.507	−0.345%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0394%	1h	31.668	+0.164%	$161K	$273K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0213%	1h	31.620	+0.014%	$509K	—	100x	as long as short