VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0227%/8h= −24.8% APRnext payment −$0.28 per $10,000 · paid last 24h −0.026%

Price spread now: GMX against Extended+0.009%7-day average −0.012% · you sell dearer than you buy

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

Long on Extended Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.026%+$3 on $10k

Price spread, last 3 days (all we have)−0.003%$0 · spread now +0.009%, 7d avg −0.012%

Together, before fees+0.023%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.022% dearer against Extended than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.012%): +$2 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 8 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.799	0.0104	pay 0.0013% / 1h	27m 13s	$302K	$1.9M	5x
Short	GMX VVV/USD [ETH-USDC]	31.802	L +0.0176% / S +0.0123%	pay 0.0015% / 1h	27m 13s	$575K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Extended. 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 ExtendedbpFee GMXbpOrdersPrice spread, now +0.009%Rate

Funding earned: −$47.58
Price spread: +0.009% → −0.012%: $2.19
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$62.39
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 1 min ago; 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 Extended live order book, 1 min ago	1.21 bp	21.2 bp −$21	276.1 bp −$2,761	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 32 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	−0.0111%	1h	31.823	+0.073%	$400K	$621K	5x	as long as short
Gate VVV_USDT	−0.0040%	4h	31.800	+0.002%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0017%	1h	31.817	+0.056%	$146K	$1.1M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.844	+0.141%	$120K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.929	+0.408%	$49K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.806	+0.022%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.806	+0.020%	$2K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.210%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDT	+0.0041%	4h	31.794	−0.015%	$38.9M	$50.7M	20x	as long as short
Lighter VVV	+0.0096%	1h	31.785	−0.045%	$2.1M	$5.6M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.773	−0.082%	$469K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.839	+0.124%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.837	+0.117%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.862	+0.197%	$73.5M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.842	+0.134%	$258K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.861	+0.195%	$190K	$163K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.807	+0.024%	$33.8M	$149.3M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.780	−0.060%	$4.7M	$40.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.844	+0.141%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.812	+0.040%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.787	−0.038%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.826	+0.084%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.875	+0.237%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.792	−0.024%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.807	+0.024%	$2.1M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.799	long leg	$302K	$1.9M	5x
01 Exchange VVVUSD	+0.0104%	1h	31.854	+0.172%	$11K	$3K	3x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.812	+0.042%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.841	+0.131%	$79K	$333K	10x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0176% / S +0.0123%	1h	31.802	+0.009%	$575K	—	100x
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.885	+0.268%	$234K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0303%	1h	31.867	+0.212%	$123K	$317K	5x	as long as short