Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h −0.004%

Price spread now: Bitget against RISEx−0.179%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$540.536% of the position

Long on RISEx Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.320%−$32 on $10k

Price spread, last 7 days+0.186%+$19 · spread now −0.179%, 7d avg −0.021%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.158% cheaper against RISEx than usual: you would sell low and buy high (spread −0.179% now, against its 7-day average of −0.021%). If the spread goes back, that is −$16 on $10k: about 28 hours of funding at the current rate (+$13 a day). Mind the row above: over the last 4 days funding on this pair cost −0.320%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	31.260	−0.0349	get 0.0044% / 1h	25m 23s	$382K	$689K	5x
Short	Bitget VVVUSDT	31.204	0.0100	get 0.0050% / 4h	3h 25m	$5.7M	$6.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against RISEx. 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 RISExbpFee BitgetbpOrdersPrice spread, now −0.179%Rate

Funding earned: $94.32
Price spread: −0.179% → −0.021%: −$15.78
Slippage, 4 orders: −$35.64
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bitget: 6 bp × 2 orders: −$12
Net: $24.9
Costs to cover: 0.536%
Break-even: 5.2 days

Slippage from RISEx: live order book, 8 min ago; Bitget: 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 RISEx live order book, 8 min ago	2.77 bp	5.8 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	5.29 bp	20.3 bp −$20	56.7 bp −$567	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/USDClong	−0.0349%	1h	31.260	long leg	$382K	$689K	5x
Deribit VVV_USDC-PERPETUAL	−0.0138%	1h	31.206	−0.171%	$87K	$20K	10x	as long as short
Gate VVV_USDT	−0.0108%	4h	31.194	−0.211%	$11.8M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.288	+0.090%	$92K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	+0.238%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.220	−0.128%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.990%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.258	−0.006%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.294	+0.110%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.306	+0.147%	$461K	$1.5M	5x	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	31.306	+0.147%	$3K	$29	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.202	−0.184%	$157K	$992K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.197	−0.201%	$69.1M	$43.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.249	−0.034%	$246K	$496K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.314	+0.172%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.231	−0.094%	$33.2M	$105.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.198	−0.199%	$38.0M	$38.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.212	−0.154%	$4.8M	$25.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.245	−0.048%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.229	−0.099%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDTshort	+0.0100%	4h	31.204	−0.179%	$5.7M	$6.2M	20x
BingX VVV-USDT	+0.0100%	4h	31.205	−0.176%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.232	−0.088%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.199	−0.195%	$129K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.083	−0.566%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.280	+0.064%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.290	+0.095%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.242	−0.056%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.249	−0.036%	$78K	$323K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.276	+0.051%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0264%	1h	31.270	+0.032%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0219%	1h	31.192	−0.217%	$501K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0742%	1h	31.303	+0.137%	$168K	$261K	5x	as long as short