VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0115%/8h= +12.6% APRnext payment +$0.14 per $10,000 · paid last 24h +0.025%

Price spread now: GMX against Polymarket Perps+0.013%54s7-day average −0.009% · you sell dearer than you buy

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.013%, 7d avg −0.009%

Together, before fees+0.056%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.022% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.009%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.434	0.0100	pay 0.0013% / 1h	0m 26s	$130K	$1.3M	3x
Short	GMX VVV/USD [ETH-USDC]	31.438	L +0.0442% / S −0.0215%	get 0.0027% / 1h	0m 26s	$505K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now +0.013%Rate

Funding earned: $24.09
Price spread: +0.013% → −0.009%: $2.17
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $6.26
Costs to cover: 0.200%
Break-even: 5.2 days

Slippage unknown: Polymarket Perps: live order book, 3 min ago; GMX: 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	2.86 bp	8.4 bp −$8	8.5 bp −$85	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
RISEx VVV/USDC	−0.0337%	1h	31.413	−0.066%	$385K	$669K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.592	+0.503%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.438	+0.013%	$93K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.446	+0.038%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.443	+0.030%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.409%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0084%	4h	31.416	−0.057%	$11.8M	$5.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.426	−0.025%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.430	−0.013%	$463K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.423	−0.034%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.430	−0.011%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.473	+0.123%	$70.2M	$44.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.447	+0.041%	$249K	$548K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.429	−0.015%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.434	0.000%	$33.5M	$111.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.418	−0.051%	$38.3M	$39.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.429	−0.016%	$4.8M	$27.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.435	+0.003%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.424	−0.032%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.431	−0.010%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.434	0.000%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.421	−0.042%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	31.434	long leg	$130K	$1.3M	3x
Derive VVV-PERP	+0.0100%	1h	31.411	−0.074%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.456	+0.070%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.418	−0.049%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.436	+0.005%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.458	+0.077%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.419	−0.048%	$1.3M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0184%	1h	31.434	0.000%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.454	+0.064%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0442% / S −0.0215%	1h	31.438	+0.013%	$505K	—	100x
Backpack VVV_USDC_PERP	+0.0514%	1h	31.477	+0.138%	$160K	$270K	5x	as long as short