Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.090%

Price spread now: 01 Exchange against Paradex−0.025%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on 01 Exchange

What this pair did over the last

the charts below follow

Funding, last 4 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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and 01 Exchange is 0.025% cheaper against Paradex than usual: you would sell low and buy high (−$2 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	Paradex VVV-USD-PERP	31.584	0.0100	pay 0.0100% / 8h	1h 19m	$3K	$73	5x
Short	01 Exchange VVVUSD	31.576	0	get 0.0000% / 1h	19m 10s	$11K	$2K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.025%Rate

Funding earned: −$21
Price spread: −0.025% → 0.000%: −$2.47
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$34.47
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Paradex and 01 Exchange: 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	+0.117%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.563	−0.067%	$387K	$644K	5x	as long as short
01 Exchange VVVUSDshort	0.0000%	1h	31.576	−0.025%	$11K	$2K	3x
Kalshi KXVVVPERP	0.0000%	8h	31.604	+0.064%	$92K	$5.5M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.576	−0.025%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.609	+0.079%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.914%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0092%	4h	31.590	+0.020%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.571	−0.041%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.585	+0.004%	$465K	$1.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERPlong	+0.0100%	8h	31.584	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	31.587	+0.010%	$134K	$916K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.613	+0.093%	$71.0M	$46.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.603	+0.062%	$251K	$952K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.600	+0.052%	$186K	$126K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.589	+0.016%	$34.0M	$119.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.566	−0.056%	$38.7M	$41.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.582	−0.006%	$4.9M	$30.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.559	−0.079%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.592	+0.026%	$6.8M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.580	−0.012%	$1.7M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.564	−0.063%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.584	+0.001%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.567	−0.052%	$2.0M	$353K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.583	−0.003%	$122K	$1.4M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.586	+0.007%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.584	−0.001%	$303K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.593	+0.030%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.545	−0.123%	$78K	$331K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.625	+0.130%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0431% / S −0.0203%	1h	31.581	−0.010%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0437%	1h	31.610	+0.084%	$152K	$268K	5x	as long as short