VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0180%/8h= −19.7% APRnext payment −$0.22 per $10,000 · paid last 24h −0.075%

Price spread now: gTrade (Gains Network) against Phoenix−0.071%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and gTrade (Gains Network) is 0.071% cheaper against Phoenix than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix VVV	30.844	0.0182	pay 0.0023% / 1h	57m 08s	$32K	$257K	5x
Short	gTrade (Gains Network) VVV/USD	30.822	L +0.0004% / S −0.0002%	get 0.0000% / 1h	57m 08s	$23K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee PhoenixbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.071%Rate

Funding earned: −$37.79
Price spread: −0.071% → 0.000%: −$7.1
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$63.89
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 58 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 58 min ago	2.92 bp	19.9 bp −$20	65.3 bp −$653	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
RISEx VVV/USDC	−0.0417%	1h	30.792	−0.170%	$378K	$639K	5x	as long as short
Polymarket Perps VVV-USD	−0.0152%	1h	30.812	−0.104%	$129K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.832	−0.038%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.845	+0.003%	$104K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.811	−0.106%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0002%	1h	30.822	−0.071%	$23K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.406%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	30.767	−0.250%	$1.3M	$1.6M	25x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	30.812	−0.104%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.764	−0.260%	$2.0M	$5.1M	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	30.781	−0.204%	$450K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.805	−0.127%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.822	−0.073%	$142K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.759	−0.276%	$70.1M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.821	−0.073%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.845	+0.003%	$182K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.787	−0.185%	$33.0M	$127.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.755	−0.288%	$38.2M	$42.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.776	−0.220%	$4.8M	$32.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.753	−0.295%	$10.3M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.788	−0.182%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.793	−0.165%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.755	−0.289%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.773	−0.230%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.997	+0.495%	$1.9M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.808	−0.116%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.776	−0.220%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.799	−0.145%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.807	−0.119%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	30.877	+0.108%	$77K	$332K	10x	as long as short
Phoenix VVVlong	+0.0182%	1h	30.844	long leg	$32K	$257K	5x
Backpack VVV_USDC_PERP	+0.0227%	1h	30.808	−0.117%	$122K	$249K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0174%	1h	30.819	−0.082%	$540K	—	100x	as long as short