VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0361%/8h= −39.5% APRnext payment −$0.45 per $10,000 · paid last 24h −0.131%

Price spread now: gTrade (Gains Network) against Backpack−0.033%7-day average — · you buy dearer than you sell

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

Long on Backpack Short on gTrade (Gains Network)

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 against this trade now: funding costs −$11 a day on $10k at the current rate, and gTrade (Gains Network) is 0.033% cheaper against Backpack than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack VVV_USDC_PERP	32.167	0.0365	pay 0.0046% / 1h	8m 37s	$176K	$256K	5x
Short	gTrade (Gains Network) VVV/USD	32.157	L +0.0004% / S −0.0004%	get 0.0001% / 1h	8m 37s	$19K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Backpack. 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 BackpackbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.033%Rate

Funding earned: −$75.79
Price spread: −0.033% → 0.000%: −$3.3
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$101.08
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 38 min ago; gTrade (Gains Network): 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 Backpack live order book, 38 min ago	1.72 bp	19.8 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 32 exchanges

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	−0.0220%	1h	32.125	−0.131%	$85K	$20K	10x	as long as short
RISEx VVV/USDC	−0.0142%	1h	32.172	+0.015%	$365K	$742K	5x	as long as short
Gate VVV_USDT	−0.0080%	4h	32.122	−0.140%	$12.9M	$5.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.193	+0.081%	$138K	$5.4M	1.6x	as long as short
gTrade (Gains Network) VVV/USDshort	L +0.0004% / S −0.0004%	1h	32.157	−0.033%	$19K	—	150x
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.127	−0.123%	$168K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.030%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0044%	1h	32.181	+0.043%	$90K	$1.4M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.123	−0.136%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.136	−0.097%	$485K	$1.4M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.193	+0.081%	$163K	$914K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.177	+0.031%	$75.0M	$43.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.149	−0.058%	$256K	$508K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.146	−0.067%	$198K	$119K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.135	−0.100%	$33.3M	$98.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.118	−0.154%	$37.9M	$38.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.123	−0.137%	$4.7M	$23.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.136	−0.097%	$7.8M	$4.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.141	−0.081%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.125	−0.131%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.127	−0.125%	—	$4.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.120	−0.145%	$2.0M	$345K	—	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.130	−0.115%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.122	−0.139%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.123	−0.137%	$301K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.089	−0.241%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0113%	4h	32.123	−0.137%	$80K	$319K	10x	as long as short
BloFin VVV-USDT	+0.0123%	4h	32.147	−0.062%	$1.3M	$1.5M	25x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	32.136	−0.097%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0198%	1h	32.159	−0.025%	$33K	$192K	5x	as long as short
Backpack VVV_USDC_PERPlong	+0.0365%	1h	32.167	long leg	$176K	$256K	5x
GMX VVV/USD [ETH-USDC]	L +0.0450% / S −0.0219%	1h	32.149	−0.057%	$517K	—	100x	as long as short