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 +0.004%

Price spread now: Bitget against Polymarket Perps−0.046%7-day average −0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$570.572% of the position

Long on Polymarket Perps Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 3 days (all we have)−0.167%−$17 · spread now −0.046%, 7d avg −0.037%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	32.311	0.0100	pay 0.0013% / 1h	28m 14s	$130K	$1.2M	3x
Short	Bitget VVVUSDT	32.296	0.0100	get 0.0050% / 4h	1h 28m	$5.9M	$8.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket Perps. 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 Polymarket PerpsbpFee BitgetbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → −0.037%: −$0.95
Slippage, 4 orders: −$37.24
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$58.19
Costs to cover: 0.572%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 5 min ago; Bitget: live order book, 5 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 Polymarket Perps live order book, 5 min ago	0.15 bp	4.2 bp −$4	4.4 bp −$44	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	5.57 bp	19.3 bp −$19	56.0 bp −$560	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
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.315	+0.013%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.575%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	32.261	−0.155%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.318	+0.020%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.295	−0.050%	$480K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.269	−0.130%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.334	+0.073%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.306	−0.014%	$267K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.345	+0.105%	$186K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.306	−0.015%	$33.8M	$157.1M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.287	−0.075%	$39.8M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.300	−0.034%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.313	+0.006%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.316	+0.015%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.302	−0.028%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	32.296	−0.046%	$5.9M	$8.9M	20x
BingX VVV-USDT	+0.0100%	4h	32.342	+0.096%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.330	+0.060%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	32.311	long leg	$130K	$1.2M	3x
Derive VVV-PERP	+0.0100%	1h	32.302	−0.029%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.317	+0.019%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.347	+0.110%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.304	−0.021%	$319K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.290	−0.064%	$6K	$13K	3x	as long as short
Kalshi KXVVVPERP	+0.0105%	8h	32.352	+0.127%	$104K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0109%	1h	32.312	+0.004%	$91K	$23K	10x	as long as short
edgeX VVVUSDC	+0.0110%	4h	32.442	+0.406%	$81K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.410	+0.306%	$194K	$1.2M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.326	+0.048%	$397K	$601K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0188% / S +0.0166%	1h	32.311	+0.001%	$622K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0278%	1h	32.340	+0.089%	$122K	$376K	5x	as long as short
01 Exchange VVVUSD	+0.0456%	1h	32.351	+0.124%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0539%	1h	32.352	+0.127%	$75.3M	$55.8M	3x	as long as short