VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0726%/8h= −79.5% APRnext payment −$0.91 per $10,000 · paid last 24h −0.004%

Price spread now: RISEx against GMX−0.118%7-day average +0.023% · you buy dearer than you sell

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

Long on GMX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.062%−$6 on $10k

Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.118%, 7d avg +0.023%

Together, before fees+0.176%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and RISEx is 0.141% cheaper against GMX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.023%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.062% in total (about -6.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.91 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	GMX VVV/USD [ETH-USDC]	30.887	L +0.0427% / S −0.0174%	pay 0.0053% / 1h	24m 07s	$541K	—	100x
Short	RISEx VVV/USDC	30.851	−0.0299	pay 0.0037% / 1h	24m 07s	$378K	$625K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$152.56
Price spread: −0.118% → +0.023%: −$14.06
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$184.62
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; RISEx: live order book, 34 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 RISEx live order book, 34 min ago	2.84 bp	6.0 bp −$6	doesn't fit	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/USDCshort	−0.0299%	1h	30.851	−0.118%	$378K	$625K	5x
Polymarket Perps VVV-USD	−0.0096%	1h	30.855	−0.104%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.897	+0.032%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.902	+0.048%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.868	−0.062%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.258%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0038%	4h	30.885	−0.007%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.055%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0088%	4h	30.836	−0.165%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.892	+0.015%	$2.1M	$5.2M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.905	+0.058%	$451K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.858	−0.093%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.865	−0.070%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.911	+0.078%	$70.5M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.890	+0.010%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.888	+0.004%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.911	+0.078%	$33.1M	$130.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.894	+0.022%	$38.4M	$43.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.906	+0.061%	$4.8M	$33.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.913	+0.084%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.877	−0.032%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.878	−0.029%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.912	+0.081%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.801	−0.278%	$1.9M	$290K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.887	−0.002%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.878	−0.029%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.895	+0.027%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.873	−0.046%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	30.844	−0.140%	$77K	$332K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0118%	1h	30.925	+0.123%	$120K	$252K	5x	as long as short
Kalshi KXVVVPERP	+0.0149%	8h	30.879	−0.026%	$101K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.844	−0.139%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0427% / S −0.0174%	1h	30.887	long leg	$541K	—	100x