Funding you earn now, next payment 06:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.101%
Price spread now: 01 Exchange against Derive−0.110%7-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 −$1 a day on $10k at the current rate, and 01 Exchange is 0.110% cheaper against Derive than usual: you would sell low and buy high (−$11 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 | 30.612 | 0.0100 | pay 0.0013% / 1h | 38m 47s | $3K | $3K | 5x |
| Short | 01 Exchange VVVUSD | 30.578 | 0.0080 | get 0.0010% / 1h | 38m 47s | $11K | $3K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$4.2
- Price spread: −0.110% → 0.000%
- −$11.02
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$28.22
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 Derive no order-book sample | — | — | — | — | — |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
Derive and 01 Exchange: 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 | −0.0329% | 1h | 30.563 | −0.160% | $379K | $648K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.0040% | 1h | 30.630 | +0.059% | $142K | $1.2M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 30.608 | −0.013% | $18K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +7.214% | $2K | $1K | 5.5x | as long as short |
| BloFin VVV-USDT | +0.0044% | 4h | 30.633 | +0.069% | $1.3M | $1.5M | 25x | as long as short |
| Polymarket Perps VVV-USD | +0.0062% | 1h | 30.557 | −0.179% | $117K | $1.4M | 3x | as long as short |
| 01 Exchange VVVUSDshort | +0.0080% | 1h | 30.578 | −0.110% | $11K | $3K | 3x | |
| Lighter VVV | +0.0096% | 1h | 30.576 | −0.116% | $2.0M | $4.6M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 30.566 | −0.149% | $445K | $1.6M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 30.591 | −0.067% | $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 | 30.596 | −0.050% | $133K | $870K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 30.583 | −0.094% | $68.9M | $47.9M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 30.615 | +0.011% | $244K | $1.0M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 30.618 | +0.022% | $181K | $130K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 30.597 | −0.049% | $33.0M | $122.3M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 30.565 | −0.153% | $37.9M | $41.9M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 30.564 | −0.156% | $4.8M | $30.5M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 30.611 | −0.002% | $10.7M | $5.6M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 30.621 | +0.030% | $6.3M | $5.7M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 30.588 | −0.078% | $1.9M | $2.7M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 30.572 | −0.130% | $5.7M | $7.2M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 30.591 | −0.068% | — | $4.9M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 30.591 | −0.067% | $1.9M | $350K | — | as long as short |
| Derive VVV-PERPlong | +0.0100% | 1h | 30.612 | long leg | $3K | $3K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 30.581 | −0.100% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 30.621 | +0.029% | $299K | $2.2M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 30.645 | +0.108% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0105% | 4h | 30.663 | +0.167% | $76K | $331K | 10x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.0116% | 1h | 30.636 | +0.080% | $85K | $22K | 10x | as long as short |
| Phoenix VVV | +0.0209% | 1h | 30.638 | +0.086% | $32K | $243K | 5x | as long as short |
| Kalshi KXVVVPERP | +0.0212% | 8h | 30.608 | −0.012% | $94K | $5.4M | 1.7x | as long as short |
| Backpack VVV_USDC_PERP | +0.0393% | 1h | 30.615 | +0.009% | $120K | $240K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0427% / S −0.0176% | 1h | 30.599 | −0.042% | $533K | — | 100x | as long as short |
Derive VVV-PERP
01 Exchange VVVUSD
RISEx VVV/USDC
Coinbase International VVV-PERP-INTX
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
BloFin VVV-USDT
Polymarket Perps VVV-USD
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
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
Deribit VVV_USDC-PERPETUAL
Phoenix VVV
Kalshi KXVVVPERP
Backpack VVV_USDC_PERP
GMX VVV/USD [ETH-USDC]