Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0397%/8h= +43.5% APRpaid last 24h −0.011%

Price spread now: BloFin against RISEx+0.106%7-day average +0.043% · you sell dearer than you buy

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

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

costs, in and out, $10k−$390.394% of the position

Long on RISEx Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.153%−$15 on $10k

Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.106%, 7d avg +0.043%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.063% dearer against RISEx than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 4 days funding on this pair cost −0.153%, 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	30.640	−0.0329	get 0.0041% / 1h	46m 13s	$381K	$647K	5x
Short	BloFin VVV-USDT	30.672	0.0068	get 0.0034% / 4h	2h 46m	$1.3M	$1.5M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.106%Rate

Funding earned: $83.4
Price spread: +0.106% → +0.043%: $6.3
Slippage, 4 orders: −$21.37
Fee RISEx: 3 bp × 2 orders: −$6
Fee BloFin: 6 bp × 2 orders: −$12
Net: $50.33
Costs to cover: 0.394%
Break-even: 2.8 days

Slippage from RISEx: live order book, 2 min ago; BloFin: live order book, 1 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, 2 min ago	2.16 bp	5.2 bp −$5	22.6 bp −$226	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	0.49 bp	13.2 bp −$13	25.9 bp −$259	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	−0.0329%	1h	30.640	long leg	$381K	$647K	5x
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−0.032%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.657	+0.057%	$21K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.117%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0053%	1h	30.653	+0.043%	$85K	$22K	10x	as long as short
Polymarket Perps VVV-USD	+0.0065%	1h	30.629	−0.034%	$117K	$1.4M	3x	as long as short
BloFin VVV-USDTshort	+0.0068%	4h	30.672	+0.106%	$1.3M	$1.5M	25x
Lighter VVV	+0.0096%	1h	30.670	+0.099%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.664	+0.080%	$447K	$1.6M	5x	as long as short
01 Exchange VVVUSD	+0.0096%	1h	30.656	+0.054%	$11K	$3K	3x	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	30.655	+0.049%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.672	+0.108%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.657	+0.057%	$69.1M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.683	+0.143%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.679	+0.128%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.667	+0.090%	$33.0M	$122.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.637	−0.008%	$37.9M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.648	+0.028%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.659	+0.064%	$10.6M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.667	+0.090%	$6.3M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.679	+0.129%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.649	+0.031%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.659	+0.064%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.708	+0.224%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.643	+0.011%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.668	+0.093%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.793	+0.500%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.654	+0.047%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.663	+0.078%	$6K	—	3x	as long as short
Phoenix VVV	+0.0209%	1h	30.802	+0.530%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0242%	8h	30.673	+0.109%	$94K	$5.5M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.645	+0.017%	$535K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0468%	1h	30.674	+0.114%	$119K	$239K	5x	as long as short