VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.001%

Price spread now: Derive against Polymarket Perps+0.093%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 Derive

What this pair did over the last

the charts below follow

Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Derive is 0.093% dearer against Polymarket Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.270	0.0066	pay 0.0008% / 1h	47m 49s	$133K	$1.2M	3x
Short	Derive VVV-PERP	31.299	0.0100	get 0.0013% / 1h	47m 49s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now +0.093%Rate

Funding earned: $7.07
Price spread: +0.093% → 0.000%: $9.26
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Derive: 3 bp × 2 orders: −$6
Net: $2.33
Costs to cover: 0.140%
Break-even: 4.7 days

Slippage unknown: Polymarket Perps: live order book, just now; Derive: 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, just now	2.55 bp	8.7 bp −$9	8.9 bp −$89	doesn't fit	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
01 Exchange VVVUSD	−0.0032%	1h	31.281	+0.035%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.305	+0.112%	$107K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.294	+0.077%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.288	+0.056%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.957%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USDlong	+0.0066%	1h	31.270	long leg	$133K	$1.2M	3x
Phoenix VVV	+0.0077%	1h	31.296	+0.083%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.288	+0.057%	$383K	$573K	5x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.286	+0.051%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.314	+0.142%	$2.2M	$5.4M	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	31.296	+0.083%	$461K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.290	+0.064%	$145K	$779K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.312	+0.134%	$71.4M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.311	+0.132%	$275K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.304	+0.109%	$186K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.326	+0.178%	$33.1M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.272	+0.006%	$38.5M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.290	+0.064%	$4.7M	$40.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.298	+0.090%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.332	+0.198%	$16.8M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.315	+0.144%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.292	+0.070%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.299	+0.093%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.095	−0.561%	$2.0M	$184K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.299	+0.093%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	31.269	−0.003%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.312	+0.135%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.324	+0.172%	$312K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.273	+0.010%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.088	−0.583%	$77K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0204%	1h	31.344	+0.237%	$118K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	−0.467%	$178K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0204%	1h	31.289	+0.061%	$522K	—	100x	as long as short