Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0035%/8h= +3.8% APRpaid last 24h +0.036%

Price spread now: edgeX against Polymarket Perps+0.239%64s7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1471.471% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 4 days (all we have)−0.389%−$39 · spread now +0.239%, 7d avg +0.057%

Together, before fees−0.203%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and edgeX is 0.182% dearer against Polymarket Perps than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.057%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.101	0.0069	pay 0.0009% / 1h	7m 41s	$130K	$1.2M	3x
Short	edgeX VVVUSDC	31.175	0.0104	get 0.0052% / 4h	1h 07m	$77K	$333K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.239%Rate

Funding earned: $7.25
Price spread: +0.239% → +0.057%: $18.17
Slippage, 4 orders: −$130.12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$121.7
Costs to cover: 1.471%
Break-even: 124.4 days

Slippage from Polymarket Perps: live order book, 1 min ago; edgeX: live order book, 56 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, 1 min ago	1.77 bp	5.8 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit
Sell edgeX live order book, 56 min ago	0.96 bp	35.3 bp −$35	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
RISEx VVV/USDC	−0.0152%	1h	31.082	−0.060%	$381K	$644K	5x	as long as short
Gate VVV_USDT	0.0000%	4h	31.087	−0.045%	$10.4M	$6.3M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.114	+0.041%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.123	+0.072%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.527%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USDlong	+0.0069%	1h	31.101	long leg	$130K	$1.2M	3x
Lighter VVV	+0.0096%	1h	31.116	+0.047%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.118	+0.055%	$460K	$1.5M	5x	as long as short
BloFin VVV-USDT	+0.0097%	4h	31.116	+0.048%	$1.3M	$1.7M	25x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.117	+0.050%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.102	+0.002%	$143K	$842K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.131	+0.096%	$71.4M	$50.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.114	+0.041%	$250K	$1.2M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.132	+0.099%	$184K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.115	+0.046%	$33.0M	$137.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.106	+0.017%	$38.2M	$44.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.115	+0.045%	$4.7M	$36.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.122	+0.068%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.120	+0.061%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.093	−0.026%	$5.7M	$7.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.115	+0.045%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.125	+0.077%	$2.0M	$236K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.109	+0.026%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.150	+0.158%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDCshort	+0.0104%	4h	31.175	+0.239%	$77K	$333K	10x
Extended VVV-USD	+0.0104%	1h	31.088	−0.043%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.119	+0.057%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0136%	1h	31.097	−0.013%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0153%	1h	31.198	+0.312%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.655	+1.783%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	+0.0171%	8h	31.125	+0.077%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0126%	1h	31.110	+0.028%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0325%	1h	31.131	+0.096%	$123K	$282K	5x	as long as short