Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0098%/8h= −10.7% APRpaid last 24h −0.053%

Price spread now: gTrade (Gains Network) against MEXC−0.046%7-day average — · you buy dearer than you sell

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

Long on MEXC Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.046% cheaper against MEXC than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.316	0.0100	pay 0.0050% / 4h	1h 28m	$6.3M	$6.7M	50x
Short	gTrade (Gains Network) VVV/USD	31.302	L +0.0004% / S −0.0002%	get 0.0000% / 1h	28m 25s	$23K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.046%Rate

Funding earned: −$20.55
Price spread: −0.046% → 0.000%: −$4.6
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$37.15
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 4 min ago; gTrade (Gains Network): 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 MEXC live order book, 4 min ago	0.16 bp	3.4 bp −$3	54.6 bp −$546	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	−0.0152%	1h	31.265	−0.162%	$384K	$637K	5x	as long as short
Gate VVV_USDT	−0.0086%	4h	31.302	−0.045%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.290	−0.084%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0002%	1h	31.302	−0.046%	$23K	—	150x
Polymarket Perps VVV-USD	+0.0033%	1h	31.296	−0.064%	$135K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.803%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.315	−0.003%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.350	+0.107%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.350	+0.109%	$464K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.277	−0.123%	$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	−0.024%	$133K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.325	+0.029%	$72.0M	$51.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.354	+0.121%	$253K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.377	+0.195%	$188K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.319	+0.010%	$33.3M	$142.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.307	−0.030%	$38.6M	$46.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.300	−0.051%	$4.8M	$37.9M	20x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.316	long leg	$6.3M	$6.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.302	−0.045%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.276	−0.128%	$5.7M	$8.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.303	−0.042%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−0.911%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.274	−0.133%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.353	+0.118%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.292	−0.076%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.317	+0.002%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	−0.842%	$77K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0119%	4h	31.360	+0.141%	$1.4M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0143%	8h	31.314	−0.006%	$107K	$6.0M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.134	−0.581%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.175	−0.450%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.294	−0.070%	$564K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0199%	1h	31.410	+0.299%	$115K	$300K	5x	as long as short