Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 24.978 | +0.0318 | pay 0.0040% / 1h | 36m 04s | $8K | $84K | 5x | Long Phoenix | |
| SHORT | 25.001 | +0.0100 | get 0.0013% / 1h | 36m 04s | $211K | $221K | — | Short AZverse |
Price gap+0.092%60s
Funding gap−0.0218% /8h
The gap pays +$9 on $10k if it goes back to zero (no 7-day history yet), but funding costs $7 a day and eats that in about 34 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—−0.0218% /8h now · no funding history yet
Price—spread +0.092%60s now · prices read too far apart to compare
Costsno datano order book for Phoenix and AZverse
Result, before costs—no pointsneeds funding history
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.092%
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 · 2 to watch- Note: Order book unknown—No order-book sample for Phoenix and AZverse: its slippage is not counted.
- Note: Margin at max leverage$2,000 + —Phoenix 5x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$6.55Long Phoenix: 24 payments, −$9.55; short AZverse: 24 payments, +$3.00.
- Watch: Prices read 60 s apart+0.092% vs —Part of this gap may be the market moving.
- Watch: Long leg is thinner$8K vs $211K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legPhoenix No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate−$45.86
Price spreadprices read too far apart to compare—
Slippage, 4 ordersno data for Phoenix and AZverse—
Fee Phoenix bp × 2 orders−$7.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$64.86
price spread not counted: prices read too far apartCosts to cover0.190%Break-evennever at this rate
Slippage: Phoenix: no order-book sample; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix—————
SELL · SHORTAZverse—————
Closing costs about the same again.
Phoenix and AZverse: no data.
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 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 ↗ |

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