TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
My profile →
My profile
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG23.765+0.0100pay 0.0050% / 4h3h 15m$1.2M$875K50xLong Variational Omni+15% pts
SHORT23.653L +0.0146S −0.0056get 0.0007% / 1h15m 24s$110K—10xShort Avantis
Price gap−0.471%
Funding gap−0.0044% /8h

Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.531% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$8−0.0044% /8h now · paid −0.078% over the last 7D
Price−$53spread −0.471% now, avg +0.060% → −0.531% if it goes back
Costsno datano order book for Avantis
Result, before costs−$61−0.61%+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.471%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

VVV on 36 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$200 + $1,000
    Variational Omni 50x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.31Long Variational Omni: 6 payments, −$3.00; short Avantis: 24 payments, +$1.69.
  • Watch: Gap narrower than usual−0.471% vs +0.060%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$110K vs $1.2M OI
    Avantis sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points · Avantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legVariational Omni No · Avantis No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0037%/8h × 21 periods−$7.85
Price spread−0.471% → +0.060% (7d avg)−$53.11
Slippage, 4 ordersno data for Avantis—
Fee Variational Omni bp × 2 orders$0.00
Fee Avantis bp × 2 orders−$9.00
Net, fees only · 7 days · $10k−$69.96
Costs to cover0.090%Break-evennever at this rate
Slippage: Variational Omni: RFQ quote, 3 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGVariational Omni2.9534.5 bp−$3466.0 bp−$660doesn’t fitdoesn’t fit
SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

Alert

VVV news

posts that mention VVV, from every exchangeSearch all news →
10-28 15:05OrderlyListingnew market PERP_VVV_USDC_mythos ($VVV) seen by our collector
10-26 07:15AZverseListingnew market vvv_usdt ($VVV) seen by our collector
10-01 00:11DeriveTokenSeptember at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗
09-23 15:23PerplListingYou can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗
09-23 15:22PerplListingnew market VVV ($VVV) seen by our collector
09-22 17:11AvantisListingnew market VVV/USD ($VVV) seen by our collector