VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0132%/8h= −14.5% APRnext payment −$0.17 per $10,000 · paid last 24h +0.003%

Price spread now: Derive against Coinbase International+0.271%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on Derive

What this pair did over the last

the charts below follow

Funding, last 4 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. Derive is 0.271% dearer against Coinbase International than usual: you sell high and buy low (spread +0.271% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.124	0.0232	pay 0.0029% / 1h	50m 01s	$178K	$1.2M	25x
Short	Derive VVV-PERP	31.208	0.0100	get 0.0013% / 1h	50m 01s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Coinbase International. 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 Coinbase InternationalbpFee DerivebpOrdersPrice spread, now +0.271%Rate

Funding earned: −$27.72
Price spread: +0.271% → 0.000%: $27.1
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$16.62
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 3 min ago; Derive: 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 Coinbase International live order book, 3 min ago	17.83 bp	30.8 bp −$31	37.2 bp −$372	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
01 Exchange VVVUSD	−0.0024%	1h	31.205	+0.260%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.210	+0.276%	$105K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.208	+0.270%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.209	+0.273%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.449%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0069%	1h	31.200	+0.244%	$133K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.296	+0.553%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.205	+0.260%	$381K	$573K	5x	as long as short
BloFin VVV-USDT	+0.0085%	4h	31.151	+0.087%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.211	+0.280%	$2.1M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.199	+0.241%	$460K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.196	+0.233%	$144K	$779K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.255	+0.421%	$71.2M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.198	+0.238%	$274K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.203	+0.253%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.224	+0.321%	$33.0M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.216	+0.297%	$38.5M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.231	+0.344%	$4.6M	$40.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.209	+0.273%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.211	+0.280%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.185	+0.196%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.200	+0.244%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.211	+0.280%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.095	−0.094%	$2.0M	$184K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.208	+0.271%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	31.207	+0.267%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.224	+0.321%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.214	+0.290%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.200	+0.244%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.088	−0.116%	$77K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0172%	1h	31.238	+0.365%	$118K	$380K	5x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0232%	1h	31.124	long leg	$178K	$1.2M	25x
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0204%	1h	31.207	+0.268%	$521K	—	100x	as long as short