VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0168%/8h= −18.4% APRnext payment −$0.21 per $10,000 · paid last 24h −0.115%

Price spread now: Pacifica against Backpack−0.196%7-day average −0.061% · you buy dearer than you sell

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

Long on Backpack Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.672%−$67 on $10k

Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.196%, 7d avg −0.061%

Together, before fees−0.488%+ Points / potential airdropPacifica: Active · farm board−$49 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Pacifica is 0.135% cheaper against Backpack than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.061%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack VVV_USDC_PERP	31.456	0.0268	pay 0.0033% / 1h	11m 10s	$122K	$316K	5x
Short	Pacifica VVV	31.395	0.0100	get 0.0013% / 1h	11m 10s	$188K	$162K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.196%Rate

Funding earned: −$35.23
Price spread: −0.196% → −0.061%: −$13.54
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$66.77
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 57 min ago; Pacifica: live order book, 57 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 Backpack live order book, 57 min ago	2.44 bp	14.7 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 57 min ago	0.16 bp	33.7 bp −$34	doesn't fit	doesn't fit	doesn't fit

VVV on 32 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/USDC	−0.0111%	1h	31.319	−0.436%	$384K	$641K	5x	as long as short
Gate VVV_USDT	−0.0048%	4h	31.318	−0.440%	$10.5M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0022%	1h	31.308	−0.472%	$134K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.546	+0.285%	$42K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.357	−0.315%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.335	−0.388%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.335%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.345	−0.354%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.301	−0.494%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.317	−0.445%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.333	−0.391%	$130K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.354	−0.326%	$72.3M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.339	−0.374%	$254K	$1.8M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	31.395	−0.196%	$188K	$162K	10x
Binance VVVUSDT	+0.0100%	4h	31.349	−0.343%	$33.3M	$148.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.350	−0.339%	$38.4M	$50.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.360	−0.307%	$4.7M	$39.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.345	−0.354%	$6.3M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.343	−0.361%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.344	−0.358%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.346	−0.351%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.525	+0.218%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.354	−0.325%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.381	−0.240%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.530	+0.234%	$78K	$336K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.339	−0.375%	$297K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.314	−0.453%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0111%	8h	31.379	−0.246%	$113K	$6.4M	1.7x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.322	−0.428%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.328	−0.409%	$567K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	−0.392%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERPlong	+0.0268%	1h	31.456	long leg	$122K	$316K	5x