VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0201%/8h= −22.0% APRnext payment −$0.25 per $10,000 · paid last 24h −0.104%

Price spread now: Aevo against Backpack+0.039%7-day average — · you sell dearer than you buy

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

Long on Backpack Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. Aevo is 0.039% dearer against Backpack than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack VVV_USDC_PERP	32.272	0.0305	pay 0.0038% / 1h	12m 55s	$123K	$380K	5x
Short	Aevo VVV-PERP	32.284	0.0104	get 0.0013% / 1h	12m 55s	$6K	$13K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Backpack. 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 BackpackbpFee AevobpOrdersPrice spread, now +0.039%Rate

Funding earned: −$42.17
Price spread: +0.039% → 0.000%: $3.87
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$64.3
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 11 min ago; Aevo: no order-book sample. 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 Backpack live order book, 11 min ago	3.23 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Kalshi KXVVVPERP	0.0000%	8h	32.293	+0.067%	$114K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.256	−0.047%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.247	−0.077%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.700%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0072%	4h	32.272	+0.002%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	32.267	−0.014%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.287	+0.047%	$409K	$580K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.270	−0.005%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.260	−0.036%	$481K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.296	+0.077%	$149K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	32.269	−0.008%	$278K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.298	+0.083%	$192K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.244	−0.085%	$34.0M	$155.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.224	−0.147%	$39.8M	$52.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.241	−0.095%	$4.8M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.234	−0.116%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.247	−0.076%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.250	−0.067%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.230	−0.129%	$5.8M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.241	−0.095%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.022	−0.774%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.275	+0.011%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.240	−0.096%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.197	−0.231%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.286	+0.043%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.242	−0.091%	$319K	$1.6M	5x	as long as short
01 Exchange VVVUSD	+0.0104%	1h	32.352	+0.249%	$12K	$3K	3x	as long as short
Aevo VVV-PERPshort	+0.0104%	1h	32.284	+0.039%	$6K	$13K	3x
edgeX VVVUSDC	+0.0115%	4h	32.149	−0.381%	$80K	$332K	10x	as long as short
Hyperliquid VVV	+0.0115%	1h	32.311	+0.122%	$74.8M	$55.1M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.241	−0.095%	$564K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.406	+0.415%	$216K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERPlong	+0.0305%	1h	32.272	long leg	$123K	$380K	5x