Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 25.140 | +0.0070 | pay 0.0009% / 1h | 42m 27s | $193K | $191K | — | Long AZverse | |
| SHORT | 25.102 | L +0.0218S −0.0128 | get 0.0016% / 1h | 42m 27s | $179K | $106K | 50x | Short GMX5% off |
Price gap−0.150%
Funding gap+0.0058% /8h
Funding trade: +$2 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0058% /8h now · paid +0.009% over the last 13 hours (all we have)
Price+$2spread −0.150% now, avg −0.167% → +0.016% if it goes back
Costsno datano order book for AZverse and GMX
Result, before costs+$3+0.03%no pointscosts unknown: no order book for AZverse and GMX · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyPrice spread
Prices
Fundingper 8h
PRICE SPREAD · 7D
Now−0.150%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
2 ok · 1 to watch- Note: Order book unknown—No order-book sample for AZverse and GMX: its slippage is not counted.
- Note: Margin at max leverage— + $200AZverse —, GMX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.75Long AZverse: 24 payments, −$2.10; short GMX: 24 payments, +$3.85.
- Note: Gap at its usual level−0.150% vs −0.167%The price leg adds little either way.
- Watch: Short leg is thinner$179K vs $193K OIGMX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legAZverse No · GMX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0055%/8h × 21 periods+$11.49
Price spread−0.150% → −0.167% (7d avg)+$1.63
Slippage, 4 ordersno data for AZverse and GMX—
Fee AZverse bp × 2 orders−$12.00
Fee GMX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$10.89
Costs to cover0.240%Break-even13.6 days
Slippage: AZverse: no order-book sample; GMX: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGAZverse—————
SELL · SHORTGMX—————
Closing costs about the same again.
AZverse and GMX: no data.
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |
| 09-21 04:31 | Bitget | Listing | $NEAR has surged over 80% in seven days after launching confidential-by-default perpetual futures. While $VVV is building privacy-focused AI that generates conversations and images without retaining user data. @bitget on X ↗ |

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