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 Derive−0.444%158s7-day average — · you buy dearer than you sell

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

Long on Derive 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 0.444% cheaper against Derive than usual: you would sell low and buy high, −$44 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 158 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	31.576	0.0100	pay 0.0013% / 1h	15m 24s	$3K	$3K	5x
Short	Paradex VVV-USD-PERP	31.436	0.0100	get 0.0100% / 8h	15m 24s	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Derive. 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 DerivebpFee ParadexbpOrdersPrice spread, now −0.444%Rate

Funding earned: $0
Price spread: −0.444% → 0.000%: −$44.39
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$54.39
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Derive and 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	−0.0337%	1h	31.421	−0.493%	$385K	$665K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.440	−0.432%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.484	−0.293%	$96K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.467	−0.347%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.461	−0.364%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.938%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0048%	4h	31.429	−0.467%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.445	−0.416%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.451	−0.397%	$463K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.436	−0.444%	$3K	$73	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.467	−0.346%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.484	−0.292%	$70.4M	$44.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.475	−0.321%	$249K	$621K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.460	−0.370%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.461	−0.364%	$33.6M	$112.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.433	−0.454%	$38.3M	$39.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.433	−0.454%	$4.8M	$28.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.456	−0.381%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.474	−0.324%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.449	−0.403%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.449	−0.403%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.452	−0.395%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.429	−0.467%	$122K	$1.4M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.576	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.494	−0.261%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.546	−0.095%	$78K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.448	−0.407%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.497	−0.253%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	31.472	−0.331%	$11K	$2K	3x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.578	+0.005%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.579	+0.008%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0402%	1h	31.481	−0.303%	$160K	$272K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0213%	1h	31.460	−0.368%	$506K	—	100x	as long as short