Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 27.912 | 0 | 0.0000% / 43m | 10m 02s | $8K | $184K | 3x | Long Perpl | |
| SHORT | 28.084 | +0.0342 | get 0.0043% / 1h | 50m 02s | $114K | $236K | 5x | Short Phoenix |
Price gap+0.616%61s
Funding gap+0.0342% /8h
Both sides work: funding pays +$10 a day on $10k, and the gap is 0.510% above its 7d average: +$51 more if it goes back.
The two prices were read 61 s apart: part of this gap may be the market moving.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$135+0.0342% /8h now · paid +1.347% over the last 7D
Price—spread +0.616%61s now · prices read too far apart to compare
Costsno datano order book for Perpl
Result, before costs—+ Points / potential airdropPerpl: points · farm boardneeds both prices read together
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now+0.616%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Note: Order book unknown—No order-book sample for Perpl: its slippage is not counted.
- Note: Margin at max leverage$3,333 + $2,000Perpl 3x, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ43m / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$10.27Long Perpl: 34 payments, $0.00; short Phoenix: 24 payments, +$10.27.
- Watch: Prices read 61 s apart+0.616% vs +0.106%Part of this gap may be the market moving.
- Watch: Long leg is thinner$8K vs $114K OIPerpl sets your exit cost. Check its book before closing.
- OK: Points on a legPerpl pointsVolume here counts toward the points program.
- OK: No KYC on either legPerpl No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0642%/8h × 21 periods+$134.72
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Perpl—
Fee Perpl bp × 2 orders−$6.90
Fee Phoenix bp × 2 orders−$7.00
Net, fees only · 7 days · $10k+$120.82
price spread not counted: prices read too far apartCosts to cover0.139%Break-even0.7 days
Slippage: Perpl: no order-book sample; Phoenix: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPerpl—————
SELL · SHORTPhoenix2.8619.9 bp−$2057.8 bp−$578doesn’t fitdoesn’t fit
Closing costs about the same again.
Perpl: no data.
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |
| 09-21 04:31 | Bitget | Listing | $NEAR has surged over 80% in seven days after launching confidential-by-default perpetual futures. While $VVV is building privacy-focused AI that generates conversations and images without retaining user data. @bitget on X ↗ |
| 09-19 06:31 | OKX | Listing | Trending this week on OKX: • Listed: $VVV & $PONS global Spot • New: 3 Tokenized Stocks & 10 X-Perps pairs • Added: $AEON to X Drops 🇺🇸 • Live: 10 new USDC Spot Margin pairs 🇪🇺 @okx on X ↗ |
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