VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.066%

Price spread now: 01 Exchange against Phoenix−0.199%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 01 Exchange

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 −$3 a day on $10k at the current rate, and 01 Exchange is 0.199% cheaper against Phoenix than usual: you would sell low and buy high (−$20 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	32.084	0	get 0.0000% / 1h	39m 02s	$56K	$298K	5x
Short	01 Exchange VVVUSD	32.020	−0.0104	pay 0.0013% / 1h	39m 02s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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 01 ExchangebpOrdersPrice spread, now −0.199%Rate

Funding earned: −$21.84
Price spread: −0.199% → 0.000%: −$19.95
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$55.79
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 31 min ago; 01 Exchange: 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, 31 min ago	3.13 bp	19.8 bp −$20	64.9 bp −$649	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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
Polymarket Perps VVV-USD	−0.0294%	1h	32.113	+0.090%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSDshort	−0.0104%	1h	32.020	−0.199%	$11K	$3K	3x
RISEx VVV/USDC	−0.0015%	1h	32.028	−0.174%	$394K	$601K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0015%	1h	32.097	+0.039%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.087	+0.009%	$109K	$6.6M	1.7x	as long as short
Phoenix VVVlong	0.0000%	1h	32.084	long leg	$56K	$298K	5x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.122	+0.120%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.294%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0076%	4h	32.092	+0.025%	$10.8M	$7.3M	25x	as long as short
Bybit VVVUSDT	+0.0079%	4h	32.080	−0.012%	$39.4M	$51.5M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	32.090	+0.017%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.086	+0.006%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.115	+0.097%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.133	+0.153%	$74.5M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.115	+0.098%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.088	+0.011%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.102	+0.057%	$33.7M	$154.8M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.103	+0.059%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.112	+0.087%	$6.6M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.109	+0.078%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.104	+0.062%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.117	+0.103%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.125	+0.128%	$124K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.057	−0.084%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.108	+0.076%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.105	+0.065%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.033	−0.160%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.090	+0.018%	$305K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.091	+0.022%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	32.068	−0.049%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0154%	4h	32.108	+0.075%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0120%	1h	32.106	+0.068%	$581K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.098	+0.045%	$247K	$1.3M	25x	as long as short