Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.031%

Price spread now: Bybit against MEXC−0.075%7-day average −0.093% · you buy dearer than you sell

Net, funding: paid 7d − costs−$67as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.545% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.121%−$12 on $10k

Price spread, last 7 days−0.081%−$8 · spread now −0.075%, 7d avg −0.093%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	32.032	0.0100	pay 0.0050% / 4h	22m 32s	$6.4M	$7.1M	50x
Short	Bybit VVVUSDT	32.008	0.0100	get 0.0050% / 4h	22m 32s	$39.3M	$52.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.075%Rate

Funding earned: $0
Price spread: −0.075% → −0.093%: $1.78
Slippage, 4 orders: −$43.5
Fee MEXC: 0 bp × 2 orders: $0
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$52.72
Costs to cover: 0.545%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bybit: live order book, 1 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, 5 min ago	1.87 bp	7.5 bp −$7	65.5 bp −$655	219.4 bp −$21.9K	doesn't fit
Sell Bybit live order book, 1 min ago	2.03 bp	21.5 bp −$21	52.5 bp −$525	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
Kalshi KXVVVPERP	0.0000%	8h	32.039	+0.022%	$107K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.003	−0.090%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.057	+0.077%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0026%	1h	31.990	−0.131%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.460%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.022	−0.030%	$394K	$604K	5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	32.022	−0.031%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.048	+0.049%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.024	−0.025%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.032	+0.002%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.060	+0.087%	$74.2M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.019	−0.041%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.048	+0.050%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.031	−0.003%	$33.5M	$156.5M	25x	as long as short
Bybit VVVUSDTshort	+0.0100%	4h	32.008	−0.075%	$39.3M	$52.2M	20x
OKX VVV-USDT-SWAP	+0.0100%	4h	31.995	−0.116%	$4.6M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.004	−0.087%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	32.032	long leg	$6.4M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.002	−0.094%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.014	−0.056%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.026	−0.019%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.110	+0.243%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.005	−0.085%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.043	+0.034%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.029	−0.009%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.027	−0.015%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.996	−0.113%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.037	+0.016%	$80K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.110	+0.244%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0127%	1h	32.035	+0.009%	$123K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0155%	4h	32.031	−0.003%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0173%	1h	32.051	+0.059%	$616K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.767%	$242K	$1.3M	25x	as long as short