VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.06 per $10,000 · paid last 24h +0.004%

Price spread now: 01 Exchange against Backpack+0.007%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 01 Exchange

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack VVV_USDC_PERP	32.202	0.0115	pay 0.0014% / 1h	33m 06s	$122K	$358K	5x
Short	01 Exchange VVVUSD	32.204	0.0064	get 0.0008% / 1h	33m 06s	$12K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now +0.007%Rate

Funding earned: −$10.7
Price spread: +0.007% → 0.000%: $0.68
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$27.02
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 46 min ago; 01 Exchange: 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, 46 min ago	2.36 bp	17.8 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

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
Kalshi KXVVVPERP	0.0000%	8h	32.176	−0.080%	$112K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.202	−0.001%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.216	+0.043%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.920%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.216	+0.044%	$396K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0054%	1h	32.190	−0.037%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSDshort	+0.0064%	1h	32.204	+0.007%	$12K	$3K	3x
BloFin VVV-USDT	+0.0088%	4h	32.172	−0.093%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.204	+0.007%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.191	−0.034%	$478K	$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
Nado VVV-PERP	+0.0100%	1h	32.226	+0.077%	$127K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.197	−0.015%	$74.6M	$55.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.186	−0.049%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.229	+0.085%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.184	−0.054%	$33.7M	$156.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.163	−0.122%	$39.5M	$52.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.159	−0.133%	$4.7M	$42.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.148	−0.167%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.184	−0.055%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.209	+0.022%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.170	−0.099%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.163	−0.120%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.201	−0.003%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.200	−0.005%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.208	+0.019%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.228	+0.080%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.202	0.000%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.201	−0.002%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.226	+0.075%	$80K	$333K	10x	as long as short
Backpack VVV_USDC_PERPlong	+0.0115%	1h	32.202	long leg	$122K	$358K	5x
Phoenix VVV	+0.0124%	1h	32.236	+0.106%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0181% / S +0.0172%	1h	32.211	+0.027%	$619K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.236%	$242K	$1.3M	25x	as long as short