Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.008%

Price spread now: Paradex against Coinbase International−0.769%7-day average — · you buy dearer than you sell

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

Long on Coinbase International 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 pays, the price is against you. Paradex is 0.769% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.769% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$77 on $10k: about 26 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.791	0	get 0.0000% / 1h	42m 21s	$192K	$1.3M	25x
Short	Paradex VVV-USD-PERP	31.547	0.0100	get 0.0100% / 8h	7h 42m	$3K	$51	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Coinbase International. 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 Coinbase InternationalbpFee ParadexbpOrdersPrice spread, now −0.769%Rate

Funding earned: $21
Price spread: −0.769% → 0.000%: −$76.89
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$69.89
Costs to cover: 0.140%
Break-even: 30.3 days

Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago	16.02 bp	21.0 bp −$21	34.9 bp −$349	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
RISEx VVV/USDC	−0.0349%	1h	31.563	−0.719%	$391K	$680K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0042%	1h	31.533	−0.813%	$88K	$20K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.558	−0.734%	$98K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTXlong	0.0000%	1h	31.791	long leg	$192K	$1.3M	25x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.583	−0.657%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.235%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.543	−0.783%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.554	−0.747%	$465K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.547	−0.769%	$3K	$51	5x
Nado VVV-PERP	+0.0100%	1h	31.599	−0.607%	$190K	$975K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.574	−0.684%	$249K	$498K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.553	−0.751%	$186K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.588	−0.641%	$33.7M	$107.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.569	−0.700%	$38.5M	$39.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.603	−0.593%	$4.8M	$26.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.562	−0.722%	$11.9M	$4.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.589	−0.637%	$7.0M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.564	−0.716%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.568	−0.703%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.590	−0.634%	—	$4.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.735	−0.177%	$2.0M	$371K	—	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.663	−0.403%	$79K	$331K	10x	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.582	−0.659%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.653	−0.435%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.565	−0.712%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.536	−0.802%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.568	−0.702%	$6K	—	3x	as long as short
Hyperliquid VVV	+0.0115%	1h	31.632	−0.502%	$70.5M	$43.6M	3x	as long as short
BloFin VVV-USDT	+0.0154%	4h	31.542	−0.785%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0229%	1h	31.673	−0.373%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0440%	1h	31.597	−0.612%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0217%	1h	31.581	−0.663%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0869%	1h	31.559	−0.731%	$160K	$259K	5x	as long as short