VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.028%

Price spread now: Phoenix against Aevo−0.228%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Phoenix is 0.228% cheaper against Aevo than usual: you would sell low and buy high (spread −0.228% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 6.1 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo VVV-PERP	31.184	0.0104	pay 0.0013% / 1h	29m 02s	$6K	—	3x
Short	Phoenix VVV	31.113	0.0229	get 0.0029% / 1h	29m 02s	$32K	$201K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Aevo. 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 AevobpFee PhoenixbpOrdersPrice spread, now −0.228%Rate

Funding earned: $26.23
Price spread: −0.228% → 0.000%: −$22.83
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$19.6
Costs to cover: 0.230%
Break-even: 12.2 days

Slippage unknown: Aevo: no order-book sample; Phoenix: live order book, 1 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 Aevo no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 1 min ago	2.88 bp	19.8 bp −$20	57.5 bp −$575	doesn't fit	doesn't fit

Aevo: 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	−0.0349%	1h	31.186	+0.007%	$382K	$689K	5x	as long as short
Gate VVV_USDT	−0.0158%	4h	31.188	+0.012%	$11.8M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.193	+0.028%	$92K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.236	+0.166%	$87K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	+0.482%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.233	+0.157%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.246%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0084%	4h	31.245	+0.195%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.221	+0.117%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.221	+0.118%	$460K	$1.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.215	+0.098%	$3K	$29	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.215	+0.099%	$157K	$991K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.215	+0.099%	$69.2M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.202	+0.056%	$246K	$497K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.207	+0.073%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.228	+0.141%	$33.2M	$106.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.211	+0.085%	$38.0M	$38.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.212	+0.089%	$4.8M	$25.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.228	+0.141%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.200	+0.051%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.196	+0.038%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.221	+0.118%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.210	+0.084%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.204	+0.064%	$129K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.083	−0.324%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.241	+0.182%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.222	+0.120%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERPlong	+0.0104%	1h	31.184	long leg	$6K	—	3x
edgeX VVVUSDC	+0.0106%	4h	31.211	+0.084%	$78K	$331K	10x	as long as short
Phoenix VVVshort	+0.0229%	1h	31.113	−0.228%	$32K	$201K	5x
01 Exchange VVVUSD	+0.0288%	1h	31.193	+0.028%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0219%	1h	31.115	−0.221%	$500K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0754%	1h	31.253	+0.221%	$167K	$261K	5x	as long as short