VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0183%/8h= +20.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.008%

Price spread now: Coinbase International against Polymarket Perps+0.059%7-day average +0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$780.777% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.195%+$19 on $10k

Price spread, last 3 days (all we have)−0.587%−$59 · spread now +0.059%, 7d avg +0.027%

Together, before fees−0.392%−$39 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	32.174	0.0009	pay 0.0001% / 1h	56m 16s	$146K	$1.2M	3x
Short	Coinbase International VVV-PERP-INTX	32.193	0.0192	get 0.0024% / 1h	56m 16s	$242K	$1.4M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket Perps. 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.059%Rate

Funding earned: $38.39
Price spread: +0.059% → +0.027%: $3.29
Slippage, 4 orders: −$59.66
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$35.99
Costs to cover: 0.777%
Break-even: 13.6 days

Slippage from Polymarket Perps: live order book, 2 min ago; Coinbase International: live order book, 2 min ago.

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 Polymarket Perps live order book, 2 min ago	2.49 bp	7.1 bp −$7	14.0 bp −$140	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	24.90 bp	29.9 bp −$30	37.9 bp −$379	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
Kalshi KXVVVPERP	0.0000%	8h	32.159	−0.047%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.220	+0.144%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.203	+0.089%	$19K	—	150x	as long as short
Polymarket Perps VVV-USDlong	+0.0009%	1h	32.174	long leg	$146K	$1.2M	3x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.008%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.198	+0.075%	$395K	$605K	5x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	32.191	+0.053%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.233	+0.183%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.202	+0.087%	$478K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	32.195	+0.065%	$1.3M	$1.8M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phoenix VVV	+0.0098%	1h	32.054	−0.373%	$56K	$299K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.204	+0.095%	$125K	$796K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.208	+0.106%	$74.5M	$56.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.179	+0.016%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.189	+0.045%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.222	+0.149%	$33.7M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.216	+0.131%	$39.6M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.215	+0.127%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.196	+0.068%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.220	+0.143%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.200	+0.081%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.206	+0.099%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.225	+0.159%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.134	−0.124%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.214	+0.124%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.216	+0.131%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.175	+0.004%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.209	+0.109%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.201	+0.085%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	32.042	−0.410%	$80K	$332K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0159%	1h	32.242	+0.210%	$122K	$361K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0170%	1h	32.192	+0.056%	$619K	—	100x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0192%	1h	32.193	+0.059%	$242K	$1.4M	25x