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: OKX against Polymarket Perps−0.053%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$460.465% of the position

Long on Polymarket Perps Short on OKX

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)−0.112%−$11 · spread now −0.053%, 7d avg −0.004%

Together, before fees−0.014%−$1 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: OKX is 0.049% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	32.210	0.0100	pay 0.0013% / 1h	6m 04s	$145K	$1.2M	3x
Short	OKX VVV-USDT-SWAP	32.193	0.0100	get 0.0050% / 4h	1h 06m	$4.7M	$42.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.053%Rate

Funding earned: $0
Price spread: −0.053% → −0.004%: −$4.85
Slippage, 4 orders: −$28.49
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$51.34
Costs to cover: 0.465%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 2 min ago; OKX: 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, 2 min ago	2.49 bp	6.5 bp −$6	6.6 bp −$66	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.71 bp	17.3 bp −$17	52.3 bp −$523	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
Deribit VVV_USDC-PERPETUAL	−0.0110%	1h	32.186	−0.074%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.233	+0.071%	$108K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.204	−0.019%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.894%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0083%	4h	32.207	−0.009%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.231	+0.066%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.199	−0.034%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.102%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.231	+0.065%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.218	+0.026%	$265K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.238	+0.088%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.209	−0.003%	$33.7M	$157.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.191	−0.059%	$39.6M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	32.193	−0.053%	$4.7M	$42.8M	20x
Gate VVV_USDT	+0.0100%	4h	32.208	−0.006%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.206	−0.012%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.192	−0.056%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.199	−0.034%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.206	−0.012%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	−0.072%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	32.210	long leg	$145K	$1.2M	3x
Derive VVV-PERP	+0.0100%	1h	32.196	−0.042%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.193	−0.053%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.233	+0.072%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.194	−0.050%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.243	+0.103%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.198	−0.037%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.281	+0.220%	$239K	$1.4M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.217	+0.023%	$396K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.201	−0.027%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.226	+0.049%	$122K	$365K	5x	as long as short
Hyperliquid VVV	+0.0223%	1h	32.220	+0.031%	$74.8M	$55.8M	3x	as long as short
01 Exchange VVVUSD	+0.0296%	1h	32.228	+0.056%	$12K	$3K	3x	as long as short