Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0236%/8h= +25.9% APRnext payment +$0.30 per $10,000 · paid last 24h +0.024%
Price spread now: GMX against Deribit+0.072%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GMX is 0.072% dearer against Deribit than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit VVV_USDC-PERPETUAL31.512−0.0042get 0.0005% / 1h31m 45s$90K$22K10x
ShortGMX VVV/USD [ETH-USDC]31.535L +0.0444% / S −0.0195%get 0.0024% / 1h31m 45s$539K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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

Funding earned
$49.66
Price spread: +0.072% → 0.000%
$7.24
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$37.9
Costs to cover
0.190%
Break-even
1.7 days
Slippage unknown: Deribit: no order-book sample; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit no order-book sample
Sell GMX no order-book sample
Deribit and GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VVV_USDC-PERPETUALlong−0.0042%1h31.512long leg$90K$22K10x
01 Exchange VVVUSD0.0000%1h31.550+0.120%$11K$3K3xas long as short
Kalshi KXVVVPERP0.0000%8h31.552+0.126%$117K$6.8M1.7xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h31.535+0.072%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+4.150%$2K$1K5.5xas long as short
Polymarket Perps VVV-USD+0.0041%1h31.518+0.018%$135K$1.2M3xas long as short
BloFin VVV-USDT+0.0043%4h31.507−0.017%$1.3M$1.7M25xas long as short
Phoenix VVV+0.0077%1h31.509−0.010%$55K$292K5xas long as short
RISEx VVV/USDC+0.0078%1h31.556+0.138%$387K$571K5xas long as short
Lighter VVV+0.0096%1h31.548+0.114%$2.2M$5.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH VVV+0.0096%1h31.537+0.079%$468K$1.6M5xas long as short
Nado VVV-PERP+0.0100%1h31.535+0.072%$145K$781K3xas long as short
Hyperliquid VVV+0.0100%1h31.566+0.171%$72.0M$54.1M3xas long as short
Aster VVVUSDT+0.0100%4h31.522+0.031%$277K$1.8M10xas long as short
Pacifica VVV+0.0100%1h31.550+0.119%$187K$176K10xas long as short
Binance VVVUSDT+0.0100%4h31.558+0.145%$33.4M$154.3M25xas long as short
Bybit VVVUSDT+0.0100%4h31.539+0.084%$38.9M$51.7M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.545+0.104%$4.7M$41.1M20xas long as short
Gate VVV_USDT+0.0100%4h31.530+0.056%$10.7M$7.7M25xas long as short
MEXC VVV_USDT+0.0100%4h31.557+0.142%$17.0M$6.9M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.524+0.037%$2.3M$2.6M20xas long as short
Bitget VVVUSDT+0.0100%4h31.536+0.076%$5.7M$8.6M20xas long as short
BingX VVV-USDT+0.0100%4h31.550+0.120%$5.4Mas long as short
Variational Omni VVV+0.0100%4h31.438−0.234%$2.1M$184Kas long as short
Derive VVV-PERP+0.0100%1h31.523+0.035%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h31.483−0.093%$2.1M$2.0M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h31.548+0.115%$3K$1065xas long as short
edgeX VVVUSDC+0.0101%4h31.493−0.062%$78K$331K10xas long as short
Extended VVV-USD+0.0104%1h31.523+0.034%$314K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h31.523+0.036%$6K$13K3xas long as short
Backpack VVV_USDC_PERP+0.0209%1h31.524+0.037%$119K$379K5xas long as short
Coinbase International VVV-PERP-INTX+0.0232%1h31.575+0.198%$193K$1.2M25xas long as short
GMX VVV/USD [ETH-USDC]shortL +0.0444% / S −0.0195%1h31.535+0.072%$539K100x