Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.028%

Price spread now: gTrade (Gains Network) against Paradex+0.037%7-day average — · you sell dearer than you buy

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

Long on Paradex 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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.037% dearer against Paradex than usual: you sell high and buy low (spread +0.037% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	31.621	0.0100	pay 0.0100% / 8h	1h 16m	$3K	$73	5x
Short	gTrade (Gains Network) VVV/USD	31.633	L +0.0004% / S −0.0003%	get 0.0000% / 1h	16m 50s	$23K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Paradex. 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 ParadexbpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.037%Rate

Funding earned: −$20.47
Price spread: +0.037% → 0.000%: $3.74
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$32.73
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and 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 32 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.621	−0.003%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.609	−0.039%	$388K	$644K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0054%	1h	31.609	−0.039%	$88K	$22K	10x	as long as short
01 Exchange VVVUSD	−0.0008%	1h	31.615	−0.020%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.653	+0.100%	$92K	$5.5M	1.7x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0003%	1h	31.633	+0.037%	$23K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.790%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.655	+0.105%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.632	+0.033%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.621	long leg	$3K	$73	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.613	−0.027%	$134K	$917K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.696	+0.236%	$71.2M	$46.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.646	+0.078%	$251K	$951K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.629	+0.025%	$187K	$126K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.651	+0.094%	$34.1M	$119.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.655	+0.106%	$38.8M	$41.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.659	+0.119%	$4.9M	$30.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.636	+0.046%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.671	+0.157%	$7.0M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.627	+0.017%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.665	+0.138%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.654	+0.103%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.567	−0.171%	$2.0M	$353K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.616	−0.017%	$122K	$1.4M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.622	+0.002%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.655	+0.105%	$303K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.629	+0.024%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.583	−0.122%	$78K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0132%	4h	31.641	+0.062%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.603	−0.058%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0432% / S −0.0203%	1h	31.628	+0.020%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0432%	1h	31.664	+0.135%	$152K	$268K	5x	as long as short