Funding you earn now, next payment 09:00 UTC−0.0449%/8h= −49.2% APRnext payment −$0.56 per $10,000 · paid last 24h +0.018%
Price spread now: RISEx against Derive−0.488%102s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$13 a day on $10k at the current rate, and RISEx is 0.488% cheaper against Derive than usual: you would sell low and buy high (−$49 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 102 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 | Derive VVV-PERP | 31.493 | 0.0100 | pay 0.0013% / 1h | 54m 56s | $3K | $3K | 5x |
| Short | RISEx VVV/USDC | 31.339 | −0.0349 | pay 0.0044% / 1h | 54m 56s | $383K | $676K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Derive. 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
- −$94.32
- Price spread: −0.488% → 0.000%
- −$48.77
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$155.08
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; RISEx: live order book, 43 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 RISEx live order book, 43 min ago | 2.40 bp | 5.4 bp −$5 | 32.1 bp −$321 | 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/USDCshort | −0.0349% | 1h | 31.339 | −0.488% | $383K | $676K | 5x | |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.419 | −0.234% | $96K | $5.3M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.430 | −0.199% | $87K | $22K | 10x | as long as short |
| Coinbase International VVV-PERP-INTX | 0.0000% | 1h | 31.404 | −0.282% | $187K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.411 | −0.260% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.215% | $2K | $1K | 5.5x | as long as short |
| BloFin VVV-USDT | +0.0048% | 4h | 31.444 | −0.154% | $1.3M | $1.4M | 25x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.425 | −0.216% | $1.9M | $4.1M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.429 | −0.202% | $463K | $1.5M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.338 | −0.490% | $3K | $73 | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.0100% | 1h | 31.425 | −0.213% | $162K | $951K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.491 | −0.005% | $70.3M | $44.2M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.498 | +0.018% | $249K | $522K | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.372 | −0.384% | $184K | $121K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.503 | +0.033% | $33.6M | $110.5M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.472 | −0.066% | $38.4M | $39.4M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.458 | −0.110% | $4.8M | $27.2M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.486 | −0.021% | $11.8M | $4.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.514 | +0.068% | $6.9M | $4.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.461 | −0.100% | $1.7M | $2.7M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.491 | −0.005% | $5.7M | $6.4M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.487 | −0.018% | — | $4.6M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.341 | −0.482% | $2.0M | $357K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.416 | −0.243% | $130K | $1.3M | 3x | as long as short |
| Derive VVV-PERPlong | +0.0100% | 1h | 31.493 | long leg | $3K | $3K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 31.432 | −0.193% | $2.0M | $2.1M | 50x | as long as short |
| edgeX VVVUSDC | +0.0103% | 4h | 31.498 | +0.016% | $78K | $329K | 10x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.518 | +0.079% | $293K | $1.9M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.415 | −0.245% | $6K | — | 3x | as long as short |
| Phoenix VVV | +0.0203% | 1h | 31.528 | +0.112% | $33K | $201K | 5x | as long as short |
| 01 Exchange VVVUSD | +0.0328% | 1h | 31.377 | −0.367% | $11K | $2K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0442% / S −0.0215% | 1h | 31.415 | −0.248% | $504K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0803% | 1h | 31.482 | −0.033% | $160K | $267K | 5x | as long as short |
Derive VVV-PERP
RISEx VVV/USDC
Kalshi KXVVVPERP
Deribit VVV_USDC-PERPETUAL
Coinbase International VVV-PERP-INTX
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
BloFin VVV-USDT
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
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
Polymarket Perps VVV-USD
Phemex VVVUSDT
edgeX VVVUSDC
Extended VVV-USD
Phoenix VVV
01 Exchange VVVUSD
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP