VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0233%/8h= −25.5% APRnext payment −$0.29 per $10,000 · paid last 24h −0.010%

Price spread now: Polymarket Perps against Derive−0.042%7-day average — · you buy dearer than you sell

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

Long on Derive Short on Polymarket Perps

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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Polymarket Perps is 0.042% cheaper against Derive than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	30.417	0.0100	pay 0.0013% / 1h	31m 57s	$3K	$3K	5x
Short	Polymarket Perps VVV-USD	30.404	−0.0133	pay 0.0017% / 1h	31m 57s	$124K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Derive. 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 DerivebpFee Polymarket PerpsbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$48.89
Price spread: −0.042% → 0.000%: −$4.24
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$67.13
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; Polymarket Perps: live order book, 1 min ago. 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 Derive no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 1 min ago	2.96 bp	7.0 bp −$7	8.1 bp −$81	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0417%	1h	30.394	−0.076%	$373K	$648K	5x	as long as short
Polymarket Perps VVV-USDshort	−0.0133%	1h	30.404	−0.042%	$124K	$1.2M	3x
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	−0.056%	$148K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.413	−0.013%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.428	+0.037%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.901%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	30.418	+0.004%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0082%	4h	30.508	+0.299%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.428	+0.038%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.444	+0.089%	$444K	$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	30.431	+0.045%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.430	+0.045%	$140K	$869K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.431	+0.046%	$69.0M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.428	+0.035%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.463	+0.151%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.419	+0.008%	$32.7M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.404	−0.042%	$38.0M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.407	−0.033%	$4.7M	$31.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.405	−0.039%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.417	0.000%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.428	+0.036%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.386	−0.102%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.410	−0.023%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.449	+0.106%	$1.9M	$349K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	30.417	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	30.489	+0.237%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.455	+0.126%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.407	−0.033%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.425	+0.025%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.464	+0.155%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0163%	8h	30.454	+0.122%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0207%	1h	30.453	+0.118%	$120K	$245K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.417	−0.001%	$533K	—	100x	as long as short