VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: Aevo against Phoenix−0.432%66s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on Aevo

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aevo is 0.432% cheaper against Phoenix than usual: you would sell low and buy high (−$43 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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	Phoenix VVV	32.264	0.0198	pay 0.0025% / 1h	51m 52s	$33K	$192K	5x
Short	Aevo VVV-PERP	32.125	0.0104	get 0.0013% / 1h	51m 52s	$6K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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 PhoenixbpFee AevobpOrdersPrice spread, now −0.432%Rate

Funding earned: −$19.72
Price spread: −0.432% → 0.000%: −$43.15
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$85.88
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 54 min ago; Aevo: 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 Phoenix live order book, 54 min ago	2.86 bp	19.8 bp −$20	65.1 bp −$651	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 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	−0.0170%	1h	32.131	−0.411%	$85K	$20K	10x	as long as short
RISEx VVV/USDC	−0.0142%	1h	32.141	−0.383%	$393K	$729K	5x	as long as short
Gate VVV_USDT	−0.0034%	4h	32.127	−0.425%	$12.7M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.132	−0.409%	$170K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.164	−0.311%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.449	+0.572%	$160K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.723%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0053%	4h	32.175	−0.276%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.164	−0.309%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.166	−0.304%	$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	32.151	−0.352%	$181K	$909K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.141	−0.381%	$254K	$508K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.168	−0.297%	$189K	$112K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.151	−0.350%	$33.6M	$100.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.134	−0.403%	$38.1M	$39.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.142	−0.378%	$4.8M	$24.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.156	−0.335%	$7.8M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.129	−0.418%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.144	−0.372%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.151	−0.350%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.231	−0.101%	$2.0M	$333K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.160	−0.322%	$132K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.210	−0.167%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.171	−0.289%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.140	−0.385%	$306K	$1.8M	5x	as long as short
Aevo VVV-PERPshort	+0.0104%	1h	32.125	−0.432%	$6K	—	3x
edgeX VVVUSDC	+0.0109%	4h	32.344	+0.247%	$80K	$320K	10x	as long as short
Phoenix VVVlong	+0.0198%	1h	32.264	long leg	$33K	$192K	5x
01 Exchange VVVUSD	+0.0384%	1h	32.178	−0.267%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0449% / S −0.0219%	1h	32.153	−0.345%	$517K	—	100x	as long as short
Hyperliquid VVV	+0.0486%	1h	32.210	−0.167%	$75.2M	$45.3M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0633%	1h	32.191	−0.225%	$177K	$270K	5x	as long as short