Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0210%/8h= +23.0% APRpaid last 24h +0.034%

Price spread now: MEXC against Deribit+0.031%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.158%+$16 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.031% dearer against Deribit than usual: you sell high and buy low: +$3 more if the spread 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	Deribit VVV_USDC-PERPETUAL	32.186	−0.0110	get 0.0014% / 1h	5m 52s	$91K	$23K	10x
Short	MEXC VVV_USDT	32.196	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 Deribit. 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 DeribitbpFee MEXCbpOrdersPrice spread, now +0.031%Rate

Funding earned: $44.16
Price spread: +0.031% → 0.000%: $3.08
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: $40.23
Costs to cover: 0.070%
Break-even: 0.6 days

Slippage unknown: Deribit: no order-book sample; MEXC: live order book, 7 min ago. 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 Deribit no order-book sample	—	—	—	—	—
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

Deribit: 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
Deribit VVV_USDC-PERPETUALlong	−0.0110%	1h	32.186	long leg	$91K	$23K	10x
Kalshi KXVVVPERP	0.0000%	8h	32.233	+0.146%	$108K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.204	+0.055%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.969%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0083%	4h	32.207	+0.065%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.219	+0.103%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.199	+0.040%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.177%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.231	+0.140%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.211	+0.076%	$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	32.238	+0.163%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.204	+0.055%	$33.7M	$157.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.194	+0.024%	$39.6M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.200	+0.043%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.204	+0.056%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	32.196	+0.031%	$6.3M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.197	+0.034%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.199	+0.040%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.193	+0.021%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	+0.002%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.210	+0.074%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.196	+0.032%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.193	+0.021%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.233	+0.147%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.182	−0.013%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.243	+0.178%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.198	+0.037%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.281	+0.294%	$239K	$1.4M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.217	+0.097%	$396K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.201	+0.047%	$619K	—	100x	as long as short
Hyperliquid VVV	+0.0220%	1h	32.216	+0.093%	$74.8M	$55.8M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.226	+0.123%	$122K	$365K	5x	as long as short
01 Exchange VVVUSD	+0.0296%	1h	32.228	+0.130%	$12K	$3K	3x	as long as short