VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.005%

Price spread now: Deribit against Polymarket Perps+0.066%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.066% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.003% in total) that is about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.860	−0.0037	get 0.0005% / 1h	5m 38s	$145K	$1.2M	3x
Short	Deribit VVV_USDC-PERPETUAL	31.881	−0.0133	pay 0.0017% / 1h	5m 38s	$90K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$20.15
Price spread: +0.066% → 0.000%: $6.59
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$28.56
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 3 min ago; Deribit: 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 Polymarket Perps live order book, 3 min ago	3.30 bp	8.5 bp −$8	8.7 bp −$87	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Deribit VVV_USDC-PERPETUALshort	−0.0133%	1h	31.881	+0.066%	$90K	$23K	10x
Polymarket Perps VVV-USDlong	−0.0037%	1h	31.860	long leg	$145K	$1.2M	3x
01 Exchange VVVUSD	0.0000%	1h	31.909	+0.154%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.981	+0.380%	$107K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.900	+0.126%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.013%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.912	+0.162%	$392K	$602K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.910	+0.159%	$2.2M	$6.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.904	+0.138%	$475K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.887	+0.086%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.933	+0.229%	$74.1M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.923	+0.198%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.933	+0.230%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.920	+0.187%	$33.5M	$155.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.914	+0.169%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.928	+0.213%	$4.6M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.918	+0.182%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.925	+0.204%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.919	+0.185%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.895	+0.110%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.916	+0.176%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.870	+0.030%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.897	+0.115%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.916	+0.176%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.916	+0.176%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.918	+0.183%	$300K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.896	+0.114%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0106%	4h	31.934	+0.232%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.888	+0.089%	$79K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0119%	1h	31.927	+0.210%	$124K	$348K	5x	as long as short
Phoenix VVV	+0.0124%	1h	31.884	+0.075%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.887	+0.085%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.311%	$242K	$1.3M	25x	as long as short