VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −3.9% APRnext payment −$0.04 per $10,000 · paid last 24h −0.078%

Price spread now: Derive against 01 Exchange−0.573%163s7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Derive

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 −$1 a day on $10k at the current rate, and Derive is 0.573% cheaper against 01 Exchange than usual: you would sell low and buy high (−$57 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 163 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	01 Exchange VVVUSD	31.648	0.0136	pay 0.0017% / 1h	19m 17s	$11K	$2K	3x
Short	Derive VVV-PERP	31.467	0.0100	get 0.0013% / 1h	19m 17s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against 01 Exchange. 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 01 ExchangebpFee DerivebpOrdersPrice spread, now −0.573%Rate

Funding earned: −$7.56
Price spread: −0.573% → 0.000%: −$57.26
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Derive: 3 bp × 2 orders: −$6
Net: −$77.82
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Derive: 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

01 Exchange and Derive: 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	−0.0337%	1h	31.605	−0.135%	$388K	$664K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.573	−0.236%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.636	−0.038%	$96K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.632	−0.051%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.612	−0.113%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.703%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0046%	4h	31.595	−0.167%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.620	−0.090%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.625	−0.073%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.608	−0.126%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.626	−0.068%	$163K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.673	+0.079%	$70.8M	$44.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.626	−0.071%	$250K	$627K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.619	−0.092%	$186K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.647	−0.004%	$33.8M	$113.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.615	−0.104%	$38.4M	$39.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.624	−0.076%	$4.8M	$28.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.641	−0.022%	$7.0M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.563	−0.269%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.609	−0.123%	$5.8M	$6.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.626	−0.070%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.486	−0.512%	$2.0M	$356K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.625	−0.073%	$122K	$1.4M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.467	−0.573%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.634	−0.044%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.643	−0.015%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.613	−0.111%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.529	−0.375%	$78K	$330K	10x	as long as short
01 Exchange VVVUSDlong	+0.0136%	1h	31.648	long leg	$11K	$2K	3x
BloFin VVV-USDT	+0.0137%	4h	31.648	0.000%	$1.4M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.507	−0.446%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0375%	1h	31.618	−0.096%	$160K	$273K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0212%	1h	31.552	−0.303%	$507K	—	100x	as long as short