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% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: Bitget against MEXC−0.023%7-day average −0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$430.427% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 7 days−0.045%−$4 · spread now −0.023%, 7d avg −0.066%

Together, before fees−0.102%−$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.043% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	30.684	0.0100	pay 0.0050% / 4h	2h 34m	$6.4M	$5.7M	50x
Short	Bitget VVVUSDT	30.677	0.0100	get 0.0050% / 4h	2h 34m	$5.7M	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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 MEXCbpFee BitgetbpOrdersPrice spread, now −0.023%Rate

Funding earned: $0
Price spread: −0.023% → −0.066%: $4.3
Slippage, 4 orders: −$30.74
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$38.44
Costs to cover: 0.427%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Bitget: live order book, 4 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 MEXC live order book, 4 min ago	0.98 bp	5.1 bp −$5	50.7 bp −$507	216.6 bp −$21.7K	doesn't fit
Sell Bitget live order book, 4 min ago	2.78 bp	12.0 bp −$12	50.9 bp −$509	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/USDC	−0.0329%	1h	30.650	−0.111%	$380K	$648K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.177%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.661	−0.076%	$22K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.961%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0040%	1h	30.658	−0.086%	$85K	$22K	10x	as long as short
Polymarket Perps VVV-USD	+0.0061%	1h	30.643	−0.134%	$124K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0080%	1h	30.667	−0.055%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0083%	4h	30.771	+0.284%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.667	−0.056%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.673	−0.036%	$446K	$1.6M	5x	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	30.653	−0.099%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.688	+0.015%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.670	−0.046%	$69.1M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.691	+0.022%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.684	−0.001%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.669	−0.049%	$33.0M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.644	−0.130%	$38.0M	$41.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.656	−0.091%	$4.8M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.668	−0.052%	$10.7M	$5.6M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	30.684	long leg	$6.4M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	30.681	−0.010%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	30.677	−0.023%	$5.7M	$7.2M	20x
BingX VVV-USDT	+0.0100%	4h	30.675	−0.029%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.640	−0.144%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.650	−0.112%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.689	+0.016%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.612	−0.233%	$76K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.667	−0.055%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.671	−0.042%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0198%	8h	30.691	+0.023%	$93K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.579	−0.342%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0390%	1h	30.689	+0.017%	$120K	$236K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.651	−0.108%	$535K	—	100x	as long as short