Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.095%

Price spread now: MEXC against 01 Exchange−0.022%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on 01 Exchange Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and MEXC is 0.022% cheaper against 01 Exchange than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	32.199	0.0288	pay 0.0036% / 1h	5m 21s	$12K	$3K	3x
Short	MEXC VVV_USDT	32.192	0.0100	get 0.0050% / 4h	1h 05m	$6.3M	$7.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against 01 Exchange. 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 01 ExchangebpFee MEXCbpOrdersPrice spread, now −0.022%Rate

Funding earned: −$39.48
Price spread: −0.022% → 0.000%: −$2.17
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee MEXC: 0 bp × 2 orders: $0
Net: −$48.65
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 7 min ago. Net counts fees only.

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 01 Exchange no order-book sample	—	—	—	—	—
Sell MEXC live order book, 7 min ago	0.16 bp	6.4 bp −$6	67.0 bp −$670	350.5 bp −$35.1K	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0117%	1h	32.150	−0.152%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.199	0.000%	$108K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.170	−0.089%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.929%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.187	−0.039%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.152	−0.146%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.137%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.195	−0.012%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.193	−0.018%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.220	+0.065%	$193K	$191K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.172	−0.084%	$33.7M	$157.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.155	−0.136%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.153	−0.143%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.173	−0.081%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	32.192	−0.022%	$6.3M	$7.1M	50x
KuCoin VVVUSDTM	+0.0100%	4h	32.193	−0.019%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.166	−0.102%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.161	−0.118%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.211	+0.036%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.158	−0.127%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.156	−0.134%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.173	−0.081%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.207	+0.026%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.163	−0.111%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.231	+0.101%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.198	−0.002%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0143%	4h	32.168	−0.096%	$1.3M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.220	+0.064%	$239K	$1.4M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.191	−0.024%	$395K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.157	−0.130%	$618K	—	100x	as long as short
Hyperliquid VVV	+0.0217%	1h	32.201	+0.006%	$74.7M	$55.8M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.226	+0.083%	$122K	$365K	5x	as long as short
01 Exchange VVVUSDlong	+0.0288%	1h	32.199	long leg	$12K	$3K	3x