VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0316%/8h= −34.6% APRnext payment −$0.39 per $10,000 · paid last 24h −0.084%

Price spread now: Polymarket Perps against GMX−0.008%7-day average +0.013% · you buy dearer than you sell

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

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.381%−$38 on $10k

Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.008%, 7d avg +0.013%

Together, before fees−0.355%−$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Polymarket Perps is 0.021% cheaper against GMX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.013%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX VVV/USD [ETH-USDC]	31.631	L +0.0177% / S +0.0122%	pay 0.0022% / 1h	49m 57s	$572K	—	100x
Short	Polymarket Perps VVV-USD	31.628	−0.0139	pay 0.0017% / 1h	49m 57s	$144K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.008%Rate

Funding earned: −$66.26
Price spread: −0.008% → +0.013%: −$2.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$88.4
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago	1.74 bp	10.8 bp −$11	11.6 bp −$116	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
Bybit VVVUSDT	−0.0261%	4h	31.650	+0.061%	$38.6M	$51.7M	20x	as long as short
Gate VVV_USDT	−0.0142%	4h	31.641	+0.033%	$10.6M	$7.0M	25x	as long as short
Polymarket Perps VVV-USDshort	−0.0139%	1h	31.628	−0.008%	$144K	$1.2M	3x
RISEx VVV/USDC	−0.0111%	1h	31.627	−0.012%	$388K	$616K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.677	+0.147%	$117K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.514	−0.369%	$54K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.649	+0.057%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.631	+0.001%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.642	+0.036%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.760%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0064%	1h	31.635	+0.015%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.611	−0.062%	$467K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.631	0.000%	$3K	$106	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.640	+0.030%	$125K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.671	+0.128%	$73.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.635	+0.015%	$257K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.639	+0.028%	$189K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.656	+0.081%	$33.5M	$153.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.668	+0.118%	$4.7M	$40.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.650	+0.061%	$6.4M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.626	−0.015%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.630	−0.002%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.662	+0.099%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.570	−0.191%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.631	+0.002%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.641	+0.033%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.662	+0.098%	$299K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.624	−0.021%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0112%	4h	31.584	−0.147%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0117%	4h	31.637	+0.020%	$79K	$335K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0157%	1h	31.681	+0.159%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0177% / S +0.0122%	1h	31.631	long leg	$572K	—	100x
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.534	−0.306%	$243K	$1.2M	25x	as long as short