VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.20 per $10,000 · paid last 24h −0.011%

Price spread now: Polymarket Perps against Coinbase International−0.155%47s7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$900.901% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.197%−$20 on $10k

Price spread, last 4 days (all we have)+0.373%+$37 · spread now −0.155%, 7d avg −0.039%

Together, before fees+0.176%+$18 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 Polymarket Perps is 0.116% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.039%). Swap the legs. The two prices were read 47 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	30.870	0.0064	pay 0.0008% / 1h	28m 24s	$145K	$1.2M	25x
Short	Polymarket Perps VVV-USD	30.822	−0.0098	pay 0.0012% / 1h	28m 24s	$129K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$34
Price spread: −0.155% → −0.039%: −$11.65
Slippage, 4 orders: −$72.13
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$135.78
Costs to cover: 0.901%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago	31.34 bp	36.4 bp −$36	45.4 bp −$454	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	3.58 bp	7.6 bp −$8	8.2 bp −$82	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
RISEx VVV/USDC	−0.0299%	1h	30.817	−0.170%	$378K	$625K	5x	as long as short
Polymarket Perps VVV-USDshort	−0.0098%	1h	30.822	−0.155%	$129K	$1.2M	3x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.811	−0.192%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.838	−0.104%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	30.819	−0.165%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0026%	4h	30.846	−0.077%	$10.3M	$6.0M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.317%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0064%	1h	30.870	long leg	$145K	$1.2M	25x
Lighter VVV	+0.0096%	1h	30.821	−0.159%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.848	−0.071%	$450K	$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
Paradex VVV-USD-PERP	+0.0100%	8h	30.826	−0.142%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.827	−0.139%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.867	−0.009%	$70.4M	$49.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.844	−0.084%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.852	−0.059%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.832	−0.123%	$33.0M	$130.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.810	−0.194%	$38.3M	$43.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.825	−0.145%	$4.8M	$33.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.855	−0.048%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.863	−0.022%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.843	−0.087%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.842	−0.090%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.703	−0.542%	$1.9M	$337K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.821	−0.159%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.859	−0.035%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.741	−0.418%	$76K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.820	−0.163%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.827	−0.137%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0114%	4h	30.881	+0.036%	$1.3M	$1.6M	25x	as long as short
Kalshi KXVVVPERP	+0.0152%	8h	30.844	−0.084%	$101K	$5.7M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0153%	1h	30.898	+0.090%	$120K	$253K	5x	as long as short
Phoenix VVV	+0.0182%	1h	30.774	−0.311%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0174%	1h	30.836	−0.108%	$541K	—	100x	as long as short