VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.050%

Price spread now: Pacifica against Phoenix+0.105%7-day average −0.017% · you sell dearer than you buy

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

Long on Phoenix Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.368%−$37 on $10k

Price spread, last 3 days (all we have)−0.045%−$4 · spread now +0.105%, 7d avg −0.017%

Together, before fees−0.413%+ Points / potential airdropPacifica: Active · farm board−$41 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.122% dearer against Phoenix than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix VVV	32.131	0.0098	pay 0.0012% / 1h	17m 20s	$56K	$294K	5x
Short	Pacifica VVV	32.165	0.0100	get 0.0013% / 1h	17m 20s	$185K	$183K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.105%Rate

Funding earned: $0.32
Price spread: +0.105% → −0.017%: $12.18
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$2.5
Costs to cover: 0.150%
Break-even: 61.4 days

Slippage unknown: Phoenix: live order book, 63 min ago; Pacifica: live order book, 65 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 Phoenix live order book, 63 min ago	3.12 bp	19.7 bp −$20	65.2 bp −$652	doesn't fit	doesn't fit
Sell Pacifica live order book, 65 min ago	1.25 bp	38.4 bp −$38	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
Deribit VVV_USDC-PERPETUAL	−0.0027%	1h	32.117	−0.044%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.176	+0.140%	$107K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.166	+0.108%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.144%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0093%	4h	32.108	−0.072%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.185	+0.168%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.123	−0.025%	$477K	$1.6M	5x	as long as short
Phoenix VVVlong	+0.0098%	1h	32.131	long leg	$56K	$294K	5x
Nado VVV-PERP	+0.0100%	1h	32.160	+0.092%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.166	+0.107%	$264K	$1.9M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVVshort	+0.0100%	1h	32.165	+0.105%	$185K	$183K	10x
Binance VVVUSDT	+0.0100%	4h	32.167	+0.112%	$33.6M	$157.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.156	+0.078%	$39.6M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.179	+0.149%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.162	+0.096%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.176	+0.140%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.135	+0.012%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.155	+0.075%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.168	+0.115%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.091	−0.125%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.147	+0.050%	$139K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.170	+0.121%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.122	−0.028%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.155	+0.076%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.164	+0.102%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.156	+0.077%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.083	−0.150%	$80K	$333K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.185	+0.169%	$226K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.152	+0.067%	$394K	$598K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0187% / S +0.0167%	1h	32.152	+0.066%	$618K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0222%	1h	32.128	−0.010%	$121K	$374K	5x	as long as short
Hyperliquid VVV	+0.0323%	1h	32.187	+0.174%	$74.7M	$56.1M	3x	as long as short
01 Exchange VVVUSD	+0.0344%	1h	32.168	+0.115%	$11K	$3K	3x	as long as short