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
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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 31.512 | −0.0042 | get 0.0005% / 1h | 31m 45s | $90K | $22K | 10x |
| Short | GMX VVV/USD [ETH-USDC] | 31.535 | L +0.0444% / S −0.0195% | get 0.0024% / 1h | 31m 45s | $539K | — | 100x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit VVV_USDC-PERPETUALlong | −0.0042% | 1h | 31.512 | long leg | $90K | $22K | 10x | |
| 01 Exchange VVVUSD | 0.0000% | 1h | 31.550 | +0.120% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.552 | +0.126% | $117K | $6.8M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.535 | +0.072% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.150% | $2K | $1K | 5.5x | as long as short |
| Polymarket Perps VVV-USD | +0.0041% | 1h | 31.518 | +0.018% | $135K | $1.2M | 3x | as long as short |
| BloFin VVV-USDT | +0.0043% | 4h | 31.507 | −0.017% | $1.3M | $1.7M | 25x | as long as short |
| Phoenix VVV | +0.0077% | 1h | 31.509 | −0.010% | $55K | $292K | 5x | as long as short |
| RISEx VVV/USDC | +0.0078% | 1h | 31.556 | +0.138% | $387K | $571K | 5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.548 | +0.114% | $2.2M | $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 | 31.537 | +0.079% | $468K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.535 | +0.072% | $145K | $781K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.566 | +0.171% | $72.0M | $54.1M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.522 | +0.031% | $277K | $1.8M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.550 | +0.119% | $187K | $176K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.558 | +0.145% | $33.4M | $154.3M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.539 | +0.084% | $38.9M | $51.7M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.545 | +0.104% | $4.7M | $41.1M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.530 | +0.056% | $10.7M | $7.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.557 | +0.142% | $17.0M | $6.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.524 | +0.037% | $2.3M | $2.6M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.536 | +0.076% | $5.7M | $8.6M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.550 | +0.120% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.438 | −0.234% | $2.1M | $184K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.523 | +0.035% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.483 | −0.093% | $2.1M | $2.0M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.548 | +0.115% | $3K | $106 | 5x | as long as short |
| edgeX VVVUSDC | +0.0101% | 4h | 31.493 | −0.062% | $78K | $331K | 10x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.523 | +0.034% | $314K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.523 | +0.036% | $6K | $13K | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.0209% | 1h | 31.524 | +0.037% | $119K | $379K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0232% | 1h | 31.575 | +0.198% | $193K | $1.2M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC]short | L +0.0444% / S −0.0195% | 1h | 31.535 | +0.072% | $539K | — | 100x |
Deribit VVV_USDC-PERPETUAL
GMX VVV/USD [ETH-USDC]
01 Exchange VVVUSD
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Polymarket Perps VVV-USD
BloFin VVV-USDT
Phoenix VVV
RISEx VVV/USDC
Lighter VVV
Lighter RH VVV
Hyperliquid 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
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
edgeX VVVUSDC
Extended VVV-USD
Backpack VVV_USDC_PERP
Coinbase International VVV-PERP-INTX