Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0226%/8h= −24.7% APRnext payment $0.28 per $10,000 · paid last 24h −0.005%
Price spread now: GMX against Nado−0.038%7-day average −0.051% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.083%+$8 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.038%, 7d avg −0.051%
Together, before fees+0.054%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.083%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado VVV-PERP31.0920.0100pay 0.0012% / 1h34m 27s$132K$846K3x
ShortGMX VVV/USD [ETH-USDC]31.080L +0.0174% / S +0.0126%pay 0.0016% / 1h34m 27s$560K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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

Funding earned
−$47.36
Price spread: −0.038% → −0.051%
$1.26
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
−$65.1
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 29 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 29 min ago5.43 bp10.3 bp −$1034.9 bp −$349doesn't fitdoesn'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 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx VVV/USDC−0.0152%1h31.074−0.057%$381K$641K5xas long as short
Gate VVV_USDT−0.0102%4h31.085−0.023%$10.4M$6.2M25xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h31.128+0.114%$87K$24K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0002%1h31.103+0.036%$23K150xas long as short
Polymarket Perps VVV-USD+0.0025%1h31.083−0.029%$134K$1.2M3xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+5.558%$2K$1K5.5xas long as short
01 Exchange VVVUSD+0.0040%1h31.071−0.068%$11K$3K3xas long as short
BloFin VVV-USDT+0.0094%4h31.140+0.154%$1.3M$1.7M25xas long as short
Lighter VVV+0.0096%1h31.098+0.020%$2.1M$5.4M5xas long as short
Lighter RH VVV+0.0096%1h31.094+0.006%$460K$1.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex VVV-USD-PERP+0.0100%8h31.096+0.012%$3K$735xas long as short
Nado VVV-PERPlong+0.0100%1h31.092long leg$132K$846K3x
Hyperliquid VVV+0.0100%1h31.103+0.035%$71.3M$51.1M3xas long as short
Aster VVVUSDT+0.0100%4h31.131+0.127%$251K$1.7M10xas long as short
Pacifica VVV+0.0100%1h31.135+0.138%$186K$161K10xas long as short
Binance VVVUSDT+0.0100%4h31.082−0.033%$33.1M$145.6M25xas long as short
Bybit VVVUSDT+0.0100%4h31.074−0.059%$38.3M$49.6M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h31.079−0.042%$4.8M$38.5M20xas long as short
MEXC VVV_USDT+0.0100%4h31.094+0.006%$6.3M$6.7M50xas long as short
KuCoin VVVUSDTM+0.0100%4h31.140+0.154%$1.9M$2.9M20xas long as short
Bitget VVVUSDT+0.0100%4h31.070−0.071%$5.7M$8.4M20xas long as short
BingX VVV-USDT+0.0100%4h31.099+0.023%$5.4Mas long as short
Variational Omni VVV+0.0100%4h31.176+0.272%$2.0M$245Kas long as short
Derive VVV-PERP+0.0100%1h31.142+0.160%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h31.127+0.113%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h31.089−0.009%$294K$1.9M5xas long as short
Aevo VVV-PERP+0.0104%1h31.134+0.135%$6K3xas long as short
edgeX VVVUSDC+0.0104%4h31.146+0.173%$77K$335K10xas long as short
Kalshi KXVVVPERP+0.0140%8h31.202+0.354%$107K$6.2M1.7xas long as short
Phoenix VVV+0.0153%1h31.166+0.238%$38K$264K5xas long as short
Coinbase International VVV-PERP-INTX+0.0168%1h31.105+0.042%$139K$1.3M25xas long as short
GMX VVV/USD [ETH-USDC]shortL +0.0174% / S +0.0126%1h31.080−0.038%$560K100x
Backpack VVV_USDC_PERP+0.0229%1h31.162+0.226%$113K$311K5xas long as short