Funding you earn now, next payment 23:00 UTC+0.0124%/8h= +13.6% APRnext payment +$0.16 per $10,000 · paid last 24h −0.070%
Price spread now: Phoenix against 01 Exchange−0.019%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange VVVUSD | 31.890 | 0 | get 0.0000% / 1h | 7m 14s | $11K | $3K | 3x |
| Short | Phoenix VVV | 31.884 | 0.0124 | get 0.0016% / 1h | 7m 14s | $56K | $299K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against 01 Exchange. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $26.14
- Price spread: −0.019% → 0.000%
- −$1.88
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $10.26
- Costs to cover
- 0.140%
- Break-even
- 4.3 days
Slippage unknown: 01 Exchange: no order-book sample; Phoenix: live order book, 3 min ago. 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 3 min ago | 3.13 bp | 19.8 bp −$20 | 57.3 bp −$573 | doesn't fit | doesn't fit |
01 Exchange: 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-PERPETUAL | −0.0044% | 1h | 31.920 | +0.094% | $90K | $23K | 10x | as long as short |
| Polymarket Perps VVV-USD | −0.0033% | 1h | 31.890 | 0.000% | $146K | $1.2M | 3x | as long as short |
| 01 Exchange VVVUSDlong | 0.0000% | 1h | 31.890 | long leg | $11K | $3K | 3x | |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.936 | +0.144% | $107K | $6.8M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.928 | +0.118% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +2.916% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 31.894 | +0.013% | $392K | $602K | 5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.921 | +0.098% | $2.2M | $6.1M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.909 | +0.060% | $475K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.901 | +0.033% | $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 | 31.942 | +0.163% | $74.1M | $55.3M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.924 | +0.107% | $261K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.927 | +0.117% | $191K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.928 | +0.120% | $33.5M | $155.9M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.950 | +0.189% | $39.2M | $51.8M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.971 | +0.254% | $4.6M | $42.1M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.907 | +0.053% | $10.7M | $7.6M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.956 | +0.207% | $6.4M | $7.1M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.925 | +0.110% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.906 | +0.050% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.920 | +0.094% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.830 | −0.187% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.925 | +0.111% | $2K | $2K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.937 | +0.147% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.911 | +0.067% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.913 | +0.073% | $298K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.921 | +0.096% | $6K | $13K | 3x | as long as short |
| BloFin VVV-USDT | +0.0106% | 4h | 31.934 | +0.138% | $1.3M | $1.8M | 25x | as long as short |
| edgeX VVVUSDC | +0.0108% | 4h | 31.888 | −0.005% | $79K | $334K | 10x | as long as short |
| Phoenix VVVshort | +0.0124% | 1h | 31.884 | −0.019% | $56K | $299K | 5x | |
| Backpack VVV_USDC_PERP | +0.0126% | 1h | 31.920 | +0.093% | $124K | $348K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0179% / S +0.0120% | 1h | 31.919 | +0.090% | $577K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | +1.216% | $242K | $1.3M | 25x | as long as short |
01 Exchange VVVUSD
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
Polymarket Perps VVV-USD
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
RISEx VVV/USDC
Lighter VVV
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
BloFin VVV-USDT
edgeX VVVUSDC
Backpack VVV_USDC_PERP
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX