VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h +0.079%

Price spread now: Phoenix against gTrade (Gains Network)−0.003%63s7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Phoenix

What this pair did over the last

the charts below follow

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: +$3 a day on $10k at the current rate. The two prices were read 63 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	gTrade (Gains Network) VVV/USD	32.659	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	45m 36s	$19K	—	150x
Short	Phoenix VVV	32.658	0.0098	get 0.0012% / 1h	45m 36s	$57K	$294K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee PhoenixbpOrdersPrice spread, now −0.003%Rate

Funding earned: $19.74
Price spread: −0.003% → 0.000%: −$0.31
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $0.43
Costs to cover: 0.190%
Break-even: 6.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Phoenix: live order book, 35 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 35 min ago	3.12 bp	19.7 bp −$20	57.4 bp −$574	doesn't fit	doesn't fit

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 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
Kalshi KXVVVPERP	0.0000%	8h	32.625	−0.104%	$105K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.655	−0.012%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0004%	1h	32.659	long leg	$19K	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.493%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.679	+0.061%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.667	+0.024%	$488K	$1.6M	5x	as long as short
Phoenix VVVshort	+0.0098%	1h	32.658	−0.003%	$57K	$294K	5x
Nado VVV-PERP	+0.0100%	1h	32.670	+0.035%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.627	−0.098%	$276K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.669	+0.032%	$188K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.662	+0.009%	$34.3M	$155.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.680	+0.063%	$40.2M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.694	+0.107%	$4.8M	$43.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.652	−0.021%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.669	+0.031%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.646	−0.040%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.659	0.000%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.684	+0.077%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.608	−0.155%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.665	+0.018%	$142K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.653	−0.019%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.630	−0.089%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.675	+0.050%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.664	+0.016%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.626	−0.102%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	32.559	−0.307%	$81K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0124%	4h	32.608	−0.156%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.344%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.661	+0.007%	$400K	$592K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.655	−0.012%	$594K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	32.678	+0.059%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0496%	1h	32.701	+0.129%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0733%	1h	32.705	+0.141%	$76.2M	$55.3M	3x	as long as short