VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.046%

Price spread now: Phoenix against Nado+0.289%57s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$700.700% of the position

Long on Nado Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.196%+$20 on $10k

Price spread, last 4 days (all we have)−0.578%−$58 · spread now +0.289%, 7d avg +0.017%

Together, before fees−0.382%+ Points / potential airdropNado: Active · farm board−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Phoenix is 0.273% dearer against Nado than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 57 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	Nado VVV-PERP	30.590	0.0100	pay 0.0012% / 1h	48m 20s	$111K	$858K	3x
Short	Phoenix VVV	30.679	0.0182	get 0.0023% / 1h	48m 20s	$35K	$253K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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

Position, each leg$Hold fordaysFee NadobpFee PhoenixbpOrdersPrice spread, now +0.289%Rate

Funding earned: $17.23
Price spread: +0.289% → +0.017%: $27.25
Slippage, 4 orders: −$55.95
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$25.46
Costs to cover: 0.700%
Break-even: 17.3 days

Slippage from Nado: live order book, 10 min ago; Phoenix: live order book, 7 min ago.

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 Nado live order book, 10 min ago	9.75 bp	13.8 bp −$14	40.8 bp −$408	doesn't fit	doesn't fit
Sell Phoenix live order book, 7 min ago	2.92 bp	19.9 bp −$20	57.6 bp −$576	doesn't fit	doesn't fit

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	−0.0299%	1h	30.561	−0.097%	$375K	$642K	5x	as long as short
Polymarket Perps VVV-USD	−0.0127%	1h	30.569	−0.070%	$125K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0031%	1h	30.552	−0.125%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.580	−0.035%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.564	−0.087%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0020%	4h	30.581	−0.031%	$10.2M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.288%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.568	−0.072%	$150K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.551	−0.129%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.572	−0.060%	$451K	$1.5M	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	30.544	−0.153%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	30.590	long leg	$111K	$858K	3x
Hyperliquid VVV	+0.0100%	1h	30.594	+0.011%	$70.0M	$50.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.581	−0.031%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.586	−0.016%	$180K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.582	−0.027%	$32.5M	$133.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.571	−0.064%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.585	−0.018%	$4.7M	$34.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.601	+0.034%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.561	−0.096%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.569	−0.070%	$5.7M	$7.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.573	−0.057%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.687	+0.314%	$1.9M	$279K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.572	−0.062%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.625	+0.113%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.555	−0.115%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.565	−0.084%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0104%	4h	30.560	−0.100%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.818	+0.742%	$77K	$333K	10x	as long as short
Kalshi KXVVVPERP	+0.0161%	8h	30.617	+0.087%	$104K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.572	−0.061%	$551K	—	100x	as long as short
Phoenix VVVshort	+0.0182%	1h	30.679	+0.289%	$35K	$253K	5x
Backpack VVV_USDC_PERP	+0.0269%	1h	30.588	−0.009%	$119K	$257K	5x	as long as short