Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0517%/8h= +56.6% APRpaid last 24h −0.057%

Price spread now: OKX against RISEx+0.179%7-day average +0.009% · 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−$24as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on RISEx Short on OKX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.339%−$34 on $10k

Price spread, last 7 days−0.153%−$15 · spread now +0.179%, 7d avg +0.009%

Together, before fees−0.493%−$49 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and OKX is 0.170% dearer against RISEx than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 4 days funding on this pair cost −0.339%, 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	30.615	−0.0417	get 0.0052% / 1h	7m 05s	$375K	$644K	5x
Short	OKX VVV-USDT-SWAP	30.670	0.0100	get 0.0050% / 4h	3h 07m	$4.8M	$31.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.179%Rate

Funding earned: $108.61
Price spread: +0.179% → +0.009%: $17.04
Slippage, 4 orders: −$24.59
Fee RISEx: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: $85.06
Costs to cover: 0.406%
Break-even: 1.5 days

Slippage from RISEx: live order book, 46 min ago; OKX: live order book, 2 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, 46 min ago	1.89 bp	4.9 bp −$5	27.9 bp −$279	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	2.45 bp	15.5 bp −$15	87.3 bp −$873	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	−0.0417%	1h	30.615	long leg	$375K	$644K	5x
Polymarket Perps VVV-USD	−0.0099%	1h	30.597	−0.059%	$122K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	+0.088%	$143K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.614	−0.003%	$21K	—	150x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0028%	1h	30.625	+0.033%	$85K	$22K	10x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.202%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.632	+0.055%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0080%	4h	30.659	+0.143%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.641	+0.084%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.656	+0.133%	$447K	$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	30.623	+0.027%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.657	+0.138%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.672	+0.187%	$69.1M	$48.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.662	+0.153%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.641	+0.084%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.660	+0.146%	$33.0M	$125.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.654	+0.126%	$38.1M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	30.670	+0.179%	$4.8M	$31.2M	20x
Gate VVV_USDT	+0.0100%	4h	30.644	+0.094%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.650	+0.114%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.642	+0.088%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.649	+0.110%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.668	+0.172%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	+0.069%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.612	−0.011%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.624	+0.029%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	30.589	−0.084%	$76K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.624	+0.027%	$293K	$2.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.632	+0.053%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.602	−0.043%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0306%	8h	30.694	+0.257%	$95K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0307%	1h	30.677	+0.200%	$120K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.608	−0.025%	$534K	—	100x	as long as short