VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.107%

Price spread now: Backpack against Pacifica−0.120%7-day average +0.064% · you buy dearer than you sell

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

Long on Pacifica Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.677%+$68 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.120%, 7d avg +0.064%

Together, before fees+0.670%+ Points / potential airdropPacifica: Active · farm board+$67 on $10k · with fees, hour by hour

Funding pays, the price is against you. Backpack is 0.183% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of +0.064%). If the spread goes back, that is −$18 on $10k: about 9.7 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.677% in total) that is about 46 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	30.789	0.0100	pay 0.0013% / 1h	31m 57s	$182K	$133K	10x
Short	Backpack VVV_USDC_PERP	30.752	0.0163	get 0.0020% / 1h	31m 57s	$119K	$253K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Pacifica. 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 PacificabpFee BackpackbpOrdersPrice spread, now −0.120%Rate

Funding earned: $13.28
Price spread: −0.120% → +0.064%: −$18.33
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$23.05
Costs to cover: 0.180%
Break-even: 19.1 days

Slippage unknown: Pacifica: live order book, 26 min ago; Backpack: live order book, 26 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 Pacifica live order book, 26 min ago	19.17 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 26 min ago	2.74 bp	13.7 bp −$14	doesn't fit	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	30.685	−0.340%	$376K	$626K	5x	as long as short
Polymarket Perps VVV-USD	−0.0109%	1h	30.680	−0.355%	$128K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0095%	1h	30.719	−0.228%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.730	−0.193%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	30.696	−0.303%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.596%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0034%	4h	30.731	−0.189%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.068%	$144K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0089%	4h	30.722	−0.218%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.733	−0.183%	$2.0M	$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	30.737	−0.169%	$449K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.803	+0.046%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.721	−0.220%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.744	−0.148%	$70.1M	$49.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.720	−0.225%	$246K	$1.1M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	30.789	long leg	$182K	$133K	10x
Binance VVVUSDT	+0.0100%	4h	30.743	−0.151%	$32.8M	$130.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.706	−0.271%	$38.2M	$43.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.726	−0.205%	$4.8M	$33.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.744	−0.147%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.753	−0.117%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.736	−0.173%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.730	−0.192%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.671	−0.383%	$1.9M	$306K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.723	−0.214%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.746	−0.140%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.765	−0.078%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.727	−0.201%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.725	−0.207%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0154%	8h	30.807	+0.058%	$97K	$5.7M	1.7x	as long as short
Backpack VVV_USDC_PERPshort	+0.0163%	1h	30.752	−0.120%	$119K	$253K	5x
Phoenix VVV	+0.0182%	1h	30.774	−0.049%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0174%	1h	30.712	−0.251%	$538K	—	100x	as long as short