Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRpaid last 24h −0.025%

Price spread now: Pacifica against edgeX+0.078%52s7-day average −0.039% · you sell dearer than you buy

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

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.080%−$8 on $10k

Price spread, last 4 days (all we have)−0.065%−$6 · spread now +0.078%, 7d avg −0.039%

Together, before fees−0.145%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.117% dearer against edgeX than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.039%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 33 days. At the pace of the last 7 days (−0.080% in total) that is about 10 days. The two prices were read 52 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	edgeX VVVUSDC	31.466	0.0112	pay 0.0056% / 4h	1h 30m	$78K	$333K	10x
Short	Pacifica VVV	31.491	0.0100	get 0.0013% / 1h	30m 39s	$186K	$128K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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 edgeXbpFee PacificabpOrdersPrice spread, now +0.078%Rate

Funding earned: −$2.5
Price spread: +0.078% → −0.039%: $11.75
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$7.75
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 13 min ago; Pacifica: live order book, 12 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 edgeX live order book, 13 min ago	0.95 bp	47.9 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 12 min ago	0.32 bp	35.8 bp −$36	doesn't fit	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.507	+0.130%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.453	−0.041%	$386K	$644K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.464	−0.006%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.538	+0.229%	$86K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.525	+0.188%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.518	+0.165%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.303%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.466	0.000%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.476	+0.032%	$463K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	31.513	+0.149%	$1.4M	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.472	+0.018%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.511	+0.145%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.511	+0.143%	$70.8M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.483	+0.054%	$250K	$1.0M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	31.491	+0.078%	$186K	$128K	10x
Binance VVVUSDT	+0.0100%	4h	31.482	+0.051%	$33.9M	$120.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.469	+0.010%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.482	+0.051%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.471	+0.016%	$11.3M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.497	+0.099%	$6.8M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.483	+0.054%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.494	+0.089%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.479	+0.041%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	+0.118%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.513	+0.149%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.344%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.532	+0.210%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.478	+0.038%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.529	+0.199%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0112%	4h	31.466	long leg	$78K	$333K	10x
Phoenix VVV	+0.0307%	1h	31.366	−0.318%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0430% / S −0.0202%	1h	31.523	+0.182%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0491%	1h	31.531	+0.207%	$154K	$266K	5x	as long as short