Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0185%/8h= +20.3% APRpaid last 24h −0.007%

Price spread now: MEXC against RISEx+0.127%7-day average +0.046% · 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−$12as in the Price arb table

costs, in and out, $10k−$210.205% of the position

Long on RISEx Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.272%−$27 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.127%, 7d avg +0.046%

Together, before fees−0.354%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.081% dearer against RISEx than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.046%. Mind the row above: over the last 4 days funding on this pair cost −0.272%, 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	31.521	−0.0085	get 0.0011% / 1h	26m 31s	$387K	$642K	5x
Short	MEXC VVV_USDT	31.561	0.0100	get 0.0050% / 4h	1h 26m	$6.8M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.127%Rate

Funding earned: $38.95
Price spread: +0.127% → +0.046%: $8.13
Slippage, 4 orders: −$14.5
Fee RISEx: 3 bp × 2 orders: −$6
Fee MEXC: 0 bp × 2 orders: $0
Net: $26.58
Costs to cover: 0.205%
Break-even: 2.2 days

Slippage from RISEx: live order book, 17 min ago; MEXC: 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, 17 min ago	3.07 bp	6.4 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	0.63 bp	3.6 bp −$4	51.8 bp −$518	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.490	−0.099%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDClong	−0.0085%	1h	31.521	long leg	$387K	$642K	5x
01 Exchange VVVUSD	0.0000%	1h	31.551	+0.095%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.543	+0.070%	$88K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.539	+0.057%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.543	+0.071%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.121%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0057%	4h	31.564	+0.136%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.522	+0.002%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.531	+0.032%	$464K	$1.6M	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	31.544	+0.073%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.568	+0.151%	$134K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.579	+0.184%	$71.0M	$47.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.550	+0.093%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.554	+0.104%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.550	+0.093%	$34.0M	$119.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.546	+0.078%	$38.7M	$41.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.554	+0.105%	$4.9M	$30.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.525	+0.013%	$11.3M	$5.4M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.561	+0.127%	$6.8M	$5.7M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.534	+0.041%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.538	+0.054%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.557	+0.114%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.503	−0.057%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.547	+0.082%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.518%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.531	+0.032%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.545	+0.076%	$301K	$1.4M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.556	+0.112%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	31.502	−0.062%	$78K	$330K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.520	−0.003%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0431% / S −0.0202%	1h	31.571	+0.157%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0468%	1h	31.574	+0.169%	$153K	$268K	5x	as long as short