Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Phemex against Pacifica−0.131%7-day average +0.023% · you buy dearer than you sell

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

Long on Pacifica Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.235%+$24 · spread now −0.131%, 7d avg +0.023%

Together, before fees+0.235%+ Points / potential airdropPacifica: Active · farm board+$24 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: Phemex is 0.154% cheaper against Pacifica than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.023%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	32.143	0.0100	pay 0.0013% / 1h	18m 36s	$184K	$183K	10x
Short	Phemex VVVUSDT	32.101	0.0100	get 0.0050% / 4h	1h 18m	$2.1M	$2.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Pacifica. 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 PacificabpFee PhemexbpOrdersPrice spread, now −0.131%Rate

Funding earned: $0
Price spread: −0.131% → +0.023%: −$15.39
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$35.39
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 64 min ago; Phemex: live order book, 5 min ago. 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 Pacifica live order book, 64 min ago	1.25 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 5 min ago	4.51 bp	43.7 bp −$44	doesn't fit	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
Deribit VVV_USDC-PERPETUAL	−0.0146%	1h	32.075	−0.213%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.112	−0.097%	$106K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.090	−0.165%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.106%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0093%	4h	32.108	−0.109%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.148	+0.015%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.138	−0.016%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.095	−0.150%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.087	−0.173%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.113	−0.094%	$264K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVVlong	+0.0100%	1h	32.143	long leg	$184K	$183K	10x
Binance VVVUSDT	+0.0100%	4h	32.115	−0.087%	$33.6M	$157.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.110	−0.102%	$39.5M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.141	−0.007%	$4.7M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.127	−0.050%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.139	−0.013%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.098	−0.141%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.123	−0.063%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.150	+0.021%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.091	−0.162%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.071	−0.225%	$138K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.089	−0.170%	$1K	$1K	5x	as long as short
Phemex VVVUSDTshort	+0.0100%	4h	32.101	−0.131%	$2.1M	$2.1M	50x
Paradex VVV-USD-PERP	+0.0100%	8h	32.141	−0.006%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.132	−0.034%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.091	−0.163%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.083	−0.188%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.185	+0.131%	$226K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.113	−0.095%	$394K	$598K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0187% / S +0.0167%	1h	32.086	−0.178%	$617K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.107	−0.112%	$121K	$374K	5x	as long as short
Hyperliquid VVV	+0.0339%	1h	32.179	+0.111%	$74.7M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0352%	1h	32.100	−0.134%	$11K	$3K	3x	as long as short