Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.035%

Price spread now: MEXC against Polymarket Perps+0.152%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$430.425% of the position

Long on Polymarket Perps Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 7 days−0.085%−$9 · spread now +0.152%, 7d avg +0.059%

Together, before fees+0.083%+$8 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: MEXC is 0.093% dearer against Polymarket Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.059%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.478	0.0100	pay 0.0013% / 1h	29m 56s	$122K	$1.4M	3x
Short	MEXC VVV_USDT	31.526	0.0100	get 0.0050% / 4h	1h 29m	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.152%Rate

Funding earned: $0
Price spread: +0.152% → +0.059%: $9.33
Slippage, 4 orders: −$34.51
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee MEXC: 0 bp × 2 orders: $0
Net: −$33.18
Costs to cover: 0.425%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; MEXC: live order book, 3 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, 3 min ago	2.54 bp	6.5 bp −$7	6.9 bp −$69	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.16 bp	15.0 bp −$15	58.8 bp −$588	239.8 bp −$24.0K	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.507	+0.092%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.453	−0.080%	$386K	$644K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.464	−0.044%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.506	+0.089%	$86K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.491	+0.041%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.518	+0.126%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.263%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.471	−0.024%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.485	+0.022%	$463K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	31.513	+0.111%	$1.4M	$1.5M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.472	−0.020%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.480	+0.008%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.531	+0.168%	$70.9M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.523	+0.143%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.491	+0.040%	$186K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.524	+0.146%	$34.0M	$120.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.496	+0.056%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.514	+0.114%	$4.9M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.498	+0.064%	$11.3M	$5.4M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.526	+0.152%	$6.8M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.512	+0.108%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.510	+0.102%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.506	+0.089%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	+0.079%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	31.478	long leg	$122K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.358	−0.382%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.500	+0.070%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.509	+0.098%	$301K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.493	+0.048%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.466	−0.038%	$78K	$333K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.366	−0.356%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0430% / S −0.0202%	1h	31.523	+0.144%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0480%	1h	31.521	+0.138%	$151K	$267K	5x	as long as short