Funding you earn now, next payment 22:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Nado against Coinbase International−0.061%45s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1071.072% of the position
Funding, last 3 days (all we have)−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+0.630%+$63 · spread now −0.061%, 7d avg +0.013%
=Together, before fees+0.561%+ Points / potential airdropNado: Active · farm board+$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.013%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VVV-PERP-INTX | 32.228 | 0.0144 | pay 0.0018% / 1h | 10m 26s | $238K | $1.3M | 25x |
| Short | Nado VVV-PERP | 32.208 | 0.0100 | get 0.0012% / 1h | 10m 26s | $149K | $783K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.24
- Price spread: −0.061% → +0.013%
- −$7.41
- Slippage, 4 orders
- −$90.15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$123.8
- Costs to cover
- 1.072%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Nado: live order book, 8 min ago.
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 | 15.23 bp | 30.3 bp −$30 | 44.9 bp −$449 | doesn't fit | doesn't fit |
| Sell Nado live order book, 8 min ago | 19.00 bp | 30.1 bp −$30 | 92.1 bp −$921 | doesn't fit | doesn't fit |
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 | 32.245 | +0.052% | $108K | $6.9M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 32.204 | −0.076% | $91K | $23K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.197 | −0.097% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.836% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.234 | +0.019% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 32.203 | −0.079% | $479K | $1.6M | 5x | as long as short |
| Phoenix VVV | +0.0098% | 1h | 32.317 | +0.275% | $57K | $294K | 5x | as long as short |
| Nado VVV-PERPshort | +0.0100% | 1h | 32.208 | −0.061% | $149K | $783K | 3x | |
| Aster VVVUSDT | +0.0100% | 4h | 32.200 | −0.088% | $265K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.239 | +0.032% | $185K | $183K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance VVVUSDT | +0.0100% | 4h | 32.192 | −0.113% | $33.7M | $157.4M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.187 | −0.128% | $39.6M | $52.8M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.194 | −0.106% | $4.7M | $42.8M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.208 | −0.063% | $10.9M | $7.8M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.198 | −0.094% | $6.3M | $7.1M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.204 | −0.075% | $2.0M | $2.9M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.195 | −0.103% | $5.9M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.193 | −0.110% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.172 | −0.173% | $2.1M | $183K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 32.177 | −0.159% | $141K | $1.2M | 3x | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.211 | −0.054% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.213 | −0.047% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.216 | −0.039% | $3K | $106 | 5x | as long as short |
| BloFin VVV-USDT | +0.0102% | 4h | 32.211 | −0.054% | $1.3M | $1.8M | 25x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.196 | −0.099% | $325K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.209 | −0.060% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0111% | 4h | 32.237 | +0.028% | $80K | $331K | 10x | as long as short |
| Coinbase International VVV-PERP-INTXlong | +0.0144% | 1h | 32.228 | long leg | $238K | $1.3M | 25x | |
| RISEx VVV/USDC | +0.0175% | 1h | 32.186 | −0.132% | $395K | $607K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0186% / S +0.0168% | 1h | 32.191 | −0.115% | $619K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0221% | 1h | 32.226 | −0.007% | $122K | $370K | 5x | as long as short |
| Hyperliquid VVV | +0.0260% | 1h | 32.216 | −0.038% | $74.8M | $56.1M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.0312% | 1h | 32.187 | −0.128% | $12K | $3K | 3x | as long as short |
Coinbase International VVV-PERP-INTX
Kalshi KXVVVPERP
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Phoenix VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
BloFin VVV-USDT
Extended VVV-USD
edgeX VVVUSDC
RISEx VVV/USDC
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP
Hyperliquid VVV
01 Exchange VVVUSD