VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0324%/8h= −35.5% APRnext payment −$0.40 per $10,000 · paid last 24h −0.076%

Price spread now: Nado against GMX−0.312%52s7-day average +0.052% · you buy dearer than you sell

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

Long on GMX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.379%−$38 on $10k

Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.312%, 7d avg +0.052%

Together, before fees−0.002%+ Points / potential airdropNado: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Nado is 0.364% cheaper against GMX than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.052%). Swap the legs. The two prices were read 52 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	GMX VVV/USD [ETH-USDC]	30.482	L +0.0424% / S −0.0174%	pay 0.0053% / 1h	30m 25s	$534K	—	100x
Short	Nado VVV-PERP	30.386	0.0100	get 0.0012% / 1h	30m 25s	$140K	$867K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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 GMXbpFee NadobpOrdersPrice spread, now −0.312%Rate

Funding earned: −$67.99
Price spread: −0.312% → +0.052%: −$36.42
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$123.4
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 23 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 Nado live order book, 23 min ago	6.83 bp	10.3 bp −$10	29.1 bp −$291	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	30.366	−0.379%	$372K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0129%	1h	30.344	−0.452%	$110K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.400	−0.268%	$148K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.474	−0.023%	$85K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	30.345	−0.450%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.671%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	30.386	−0.314%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0093%	4h	30.493	+0.037%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.398	−0.274%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.407	−0.245%	$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	30.418	−0.210%	$3K	$73	5x	as long as short
Nado VVV-PERPshort	+0.0100%	1h	30.386	−0.312%	$140K	$867K	3x
Hyperliquid VVV	+0.0100%	1h	30.373	−0.356%	$68.8M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.363	−0.390%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.419	−0.207%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.361	−0.396%	$32.6M	$126.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.351	−0.430%	$37.9M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.359	−0.402%	$4.7M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.339	−0.468%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.370	−0.366%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.342	−0.458%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.347	−0.442%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.355	−0.416%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.479	−0.010%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.472	−0.031%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.506	+0.080%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0100%	4h	30.469	−0.042%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.388	−0.307%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.495	+0.044%	$6K	—	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.464	−0.058%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0159%	8h	30.516	+0.113%	$102K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0211%	1h	30.497	+0.049%	$120K	$244K	5x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0424% / S −0.0174%	1h	30.482	long leg	$534K	—	100x