Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0429%/8h= −47.0% APRpaid last 24h +0.021%

Price spread now: RISEx against MEXC−0.112%7-day average −0.045% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on MEXC Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.276%+$28 on $10k

Price spread, last 7 days+0.066%+$7 · spread now −0.112%, 7d avg −0.045%

Together, before fees+0.343%+$34 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and RISEx is 0.066% cheaper against MEXC than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.045%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.276%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	30.605	0.0100	pay 0.0050% / 4h	2h 45m	$6.3M	$5.7M	50x
Short	RISEx VVV/USDC	30.571	−0.0329	pay 0.0041% / 1h	45m 26s	$380K	$647K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$90.18
Price spread: −0.112% → −0.045%: −$6.64
Slippage, 4 orders: −$16.96
Fee MEXC: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$119.78
Costs to cover: 0.230%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; RISEx: live order book, 3 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, 2 min ago	0.16 bp	7.4 bp −$7	65.7 bp −$657	237.3 bp −$23.7K	doesn't fit
Sell RISEx live order book, 3 min ago	2.16 bp	5.2 bp −$5	21.0 bp −$210	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	−0.0329%	1h	30.571	−0.112%	$380K	$647K	5x
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	+0.081%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.605	+0.001%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.237%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0053%	1h	30.653	+0.156%	$85K	$22K	10x	as long as short
Polymarket Perps VVV-USD	+0.0055%	1h	30.579	−0.085%	$117K	$1.4M	3x	as long as short
BloFin VVV-USDT	+0.0068%	4h	30.672	+0.219%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.591	−0.045%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.591	−0.046%	$446K	$1.6M	5x	as long as short
01 Exchange VVVUSD	+0.0096%	1h	30.585	−0.065%	$11K	$3K	3x	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	30.590	−0.050%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.591	−0.044%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.603	−0.007%	$69.0M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.638	+0.107%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.620	+0.049%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.611	+0.020%	$33.0M	$122.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.589	−0.052%	$37.9M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.602	−0.010%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.592	−0.042%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	30.605	long leg	$6.3M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	30.644	+0.127%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.579	−0.085%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.618	+0.042%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	+0.100%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.643	+0.124%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.668	+0.206%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.677	+0.234%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.598	−0.024%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.663	+0.191%	$6K	—	3x	as long as short
Phoenix VVV	+0.0209%	1h	30.683	+0.255%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0242%	8h	30.673	+0.222%	$94K	$5.5M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.645	+0.130%	$535K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0446%	1h	30.691	+0.281%	$119K	$239K	5x	as long as short