Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0268%/8h= −29.3% APRpaid last 24h +0.046%

Price spread now: RISEx against edgeX+0.686%55s7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1441.441% of the position

Long on edgeX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.279%+$28 on $10k

Price spread, last 4 days (all we have)−0.806%−$81 · spread now +0.686%, 7d avg −0.054%

Together, before fees−0.527%+ Points / potential airdropedgeX: Active · farm board−$53 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.740% dearer against edgeX than usual: you sell high and buy low (spread +0.686% now, against its 7-day average of −0.054%): +$74 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 9.2 days. Mind the row above: over the last 4 days funding on this pair paid +0.279%, so the current rate has only just turned against you. The two prices were read 55 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	31.052	0.0116	pay 0.0058% / 4h	1h 28m	$77K	$335K	10x
Short	RISEx VVV/USDC	31.265	−0.0152	pay 0.0019% / 1h	28m 26s	$384K	$637K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.686%Rate

Funding earned: −$56.19
Price spread: +0.686% → −0.054%: $74.02
Slippage, 4 orders: −$129.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$126.23
Costs to cover: 1.441%
Break-even: never at this rate

Slippage from edgeX: live order book, 35 min ago; RISEx: live order book, 35 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 edgeX live order book, 35 min ago	0.96 bp	99.0 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 35 min ago	1.85 bp	4.9 bp −$5	20.8 bp −$208	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/USDCshort	−0.0152%	1h	31.265	+0.686%	$384K	$637K	5x
Gate VVV_USDT	−0.0086%	4h	31.302	+0.804%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.290	+0.765%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.302	+0.803%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0033%	1h	31.296	+0.785%	$135K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.693%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.315	+0.846%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.350	+0.957%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.350	+0.959%	$464K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.277	+0.725%	$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	31.308	+0.825%	$133K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.325	+0.878%	$72.0M	$51.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.354	+0.971%	$253K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.377	+1.046%	$188K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.319	+0.859%	$33.3M	$142.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.307	+0.819%	$38.6M	$46.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.300	+0.798%	$4.8M	$37.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.316	+0.849%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.302	+0.804%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.276	+0.720%	$5.7M	$8.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.303	+0.807%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−0.070%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.274	+0.715%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.353	+0.968%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.292	+0.773%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.317	+0.851%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0116%	4h	31.052	long leg	$77K	$335K	10x
BloFin VVV-USDT	+0.0119%	4h	31.360	+0.991%	$1.4M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0143%	8h	31.314	+0.843%	$107K	$6.0M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.134	+0.263%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.175	+0.395%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.294	+0.779%	$564K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0199%	1h	31.410	+1.151%	$115K	$300K	5x	as long as short