VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0364%/8h= −39.8% APRnext payment −$0.45 per $10,000 · paid last 24h −0.071%

Price spread now: Coinbase International against GMX−0.056%7-day average +0.059% · you buy dearer than you sell

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

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.304%−$30 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now −0.056%, 7d avg +0.059%

Together, before fees−0.428%−$43 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Coinbase International is 0.115% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.059%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX VVV/USD [ETH-USDC]	30.899	L +0.0428% / S −0.0174%	pay 0.0053% / 1h	59m 29s	$542K	—	100x
Short	Coinbase International VVV-PERP-INTX	30.881	0.0064	get 0.0008% / 1h	59m 29s	$145K	$1.2M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GMXbpFee Coinbase InternationalbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$76.36
Price spread: −0.056% → +0.059%: −$11.47
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$109.83
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 4 min ago	21.91 bp	26.9 bp −$27	27.0 bp −$270	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0417%	1h	30.900	+0.003%	$381K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0108%	1h	30.889	−0.031%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.891	−0.025%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.917	+0.060%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.218%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0036%	4h	30.919	+0.066%	$10.4M	$5.7M	25x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0064%	1h	30.881	−0.056%	$145K	$1.2M	25x
BloFin VVV-USDT	+0.0092%	4h	30.959	+0.195%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.881	−0.056%	$2.1M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.896	−0.009%	$452K	$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	30.905	+0.020%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.924	+0.084%	$142K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.909	+0.033%	$70.5M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.928	+0.093%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.901	+0.007%	$182K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.926	+0.088%	$33.2M	$128.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.900	+0.004%	$38.4M	$42.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.929	+0.098%	$4.8M	$32.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.917	+0.059%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.931	+0.105%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.897	−0.005%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.930	+0.101%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.997	+0.317%	$1.9M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.882	−0.054%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.918	+0.063%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.900	+0.004%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.934	+0.114%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	30.986	+0.284%	$77K	$335K	10x	as long as short
Kalshi KXVVVPERP	+0.0139%	8h	30.923	+0.079%	$106K	$5.6M	1.7x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	30.925	+0.085%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0160%	1h	30.908	+0.030%	$122K	$249K	5x	as long as short
Phoenix VVV	+0.0182%	1h	31.038	+0.451%	$32K	$245K	5x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0428% / S −0.0174%	1h	30.899	long leg	$542K	—	100x