VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.23 per $10,000 · paid last 24h +0.013%

Price spread now: Coinbase International against Polymarket Perps−0.062%7-day average +0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$830.825% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.187%+$19 on $10k

Price spread, last 4 days (all we have)−0.443%−$44 · spread now −0.062%, 7d avg +0.042%

Together, before fees−0.256%−$26 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.104% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.187%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.404	0.0100	pay 0.0013% / 1h	50m 40s	$121K	$1.4M	3x
Short	Coinbase International VVV-PERP-INTX	31.384	−0.0088	pay 0.0011% / 1h	50m 40s	$189K	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Polymarket Perps. 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now −0.062%Rate

Funding earned: −$39.48
Price spread: −0.062% → +0.042%: −$10.44
Slippage, 4 orders: −$64.52
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$132.43
Costs to cover: 0.825%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.

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 Polymarket Perps live order book, 3 min ago	2.23 bp	9.8 bp −$10	10.6 bp −$106	doesn't fit	doesn't fit
Sell Coinbase International live order book, 3 min ago	26.73 bp	31.7 bp −$32	31.8 bp −$318	doesn't fit	doesn't fit

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
Coinbase International VVV-PERP-INTXshort	−0.0088%	1h	31.384	−0.062%	$189K	$1.3M	25x
RISEx VVV/USDC	−0.0085%	1h	31.443	+0.124%	$386K	$649K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.443	+0.124%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.428	+0.077%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	31.473	+0.220%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.509%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.424	+0.062%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.446	+0.134%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.449	+0.143%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.429	+0.080%	$163K	$897K	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	31.481	+0.245%	$70.8M	$47.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.458	+0.172%	$250K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.455	+0.162%	$186K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.480	+0.241%	$34.0M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.440	+0.115%	$38.7M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.466	+0.197%	$4.9M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.438	+0.108%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.469	+0.207%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.425	+0.067%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.446	+0.134%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.458	+0.172%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.407	+0.011%	$2.0M	$351K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	31.404	long leg	$121K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.434	+0.095%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.421	+0.054%	$2.0M	$2.1M	50x	as long as short
BloFin VVV-USDT	+0.0102%	4h	31.460	+0.178%	$1.4M	$1.5M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.473	+0.220%	$300K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.417	+0.041%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0107%	8h	31.397	−0.022%	$86K	$5.6M	1.7x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.336	−0.215%	$78K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.250	−0.490%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0200%	1h	31.428	+0.075%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0472%	1h	31.491	+0.276%	$150K	$265K	5x	as long as short