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

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h −0.043%
Price spread now: Aevo against Phoenix+0.357%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aevo is 0.357% dearer against Phoenix than usual: you sell high and buy low, +$36 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix VVV32.0540.0098pay 0.0012% / 1h57m 12s$56K$299K5x
ShortAevo VVV-PERP32.1680.0104get 0.0013% / 1h57m 12s$6K$13K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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
$1.16
Price spread: +0.357% → 0.000%
$35.66
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
$13.82
Costs to cover
0.230%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 18 min ago; Aevo: 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 Phoenix live order book, 18 min ago3.10 bp19.7 bp −$2065.2 bp −$652doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
Kalshi KXVVVPERP0.0000%8h32.165+0.346%$113K$6.9M1.7xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h32.205+0.470%$91K$23K10xas long as short
Polymarket Perps VVV-USD+0.0003%1h32.155+0.315%$146K$1.2M3xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.193+0.433%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+2.390%$2K$1K5.5xas long as short
RISEx VVV/USDC+0.0040%1h32.123+0.216%$394K$605K5xas long as short
01 Exchange VVVUSD+0.0064%1h32.146+0.287%$11K$3K3xas long as short
Lighter VVV+0.0096%1h32.191+0.426%$2.3M$5.5M5xas long as short
Lighter RH VVV+0.0096%1h32.172+0.368%$478K$1.6M5xas long as short
BloFin VVV-USDT+0.0098%4h32.195+0.440%$1.3M$1.8M25xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix VVVlong+0.0098%1h32.054long leg$56K$299K5x
Nado VVV-PERP+0.0100%1h32.158+0.324%$125K$796K3xas long as short
Hyperliquid VVV+0.0100%1h32.197+0.446%$74.5M$56.0M3xas long as short
Aster VVVUSDT+0.0100%4h32.152+0.307%$264K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.125+0.220%$192K$191K10xas long as short
Binance VVVUSDT+0.0100%4h32.189+0.421%$33.7M$157.1M25xas long as short
Bybit VVVUSDT+0.0100%4h32.162+0.336%$39.5M$52.7M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.193+0.434%$4.7M$42.8M20xas long as short
Gate VVV_USDT+0.0100%4h32.179+0.390%$10.8M$7.5M25xas long as short
MEXC VVV_USDT+0.0100%4h32.154+0.312%$6.3M$7.0M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.118+0.200%$2.0M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h32.196+0.443%$5.8M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.174+0.374%$5.5Mas long as short
Backpack VVV_USDC_PERP+0.0100%1h32.148+0.292%$121K$361K5xas long as short
Variational Omni VVV+0.0100%4h32.134+0.250%$2.1M$183Kas long as short
Derive VVV-PERP+0.0100%1h32.189+0.420%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h32.196+0.443%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.128+0.232%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h32.189+0.421%$323K$1.6M5xas long as short
Aevo VVV-PERPshort+0.0104%1h32.168+0.357%$6K$13K3x
edgeX VVVUSDC+0.0114%4h32.042−0.037%$80K$332K10xas long as short
GMX VVV/USD [ETH-USDC]L +0.0184% / S +0.0169%1h32.177+0.382%$619K100xas long as short
Coinbase International VVV-PERP-INTX+0.0192%1h32.233+0.557%$242K$1.4M25xas long as short