Spread before costs (cost unknown: a leg has no order-book sample)−0.072%
7d average—if it closes, per $10,000$7funding while held, a day−$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VVV-PERP | 31.162 | 0.0104 | pay 0.0013% / 1h | 2m 09s | $6K | $13K | 3x |
| Short | Phemex VVVUSDT | 31.139 | 0.0100 | get 0.0050% / 4h | 2m 09s | $2.1M | $2.0M | 50x |
Aevo VVV-PERP
Phemex VVVUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.25
- Funding while held
- −$0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.37
- Spread needed to break even
- 0.280%
Slippage unknown: Aevo: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.12
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 1.45 bp | 40.0 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.OKX31.053cheapestBybit31.054+0.003%Binance31.086+0.106%Bitget31.112+0.190%Lighter31.117+0.206%Nado31.118+0.211%Lighter RH31.122+0.222%MEXC31.122+0.222%Gate31.124+0.229%BingX31.126+0.235%edgeX31.132+0.254%Variational Omni31.134+0.260%GMX31.134+0.262%Extended31.135+0.265%Polymarket Perps31.138+0.274%Deribit31.139+0.277%
OKX
Bybit
Binance
Bitget
Lighter
Nado
Lighter RH
MEXC
Gate
BingX
Variational Omni
GMX
Extended
Polymarket Perps
DeribitPhemex31.139+0.277%
Backpack31.141+0.284%Hyperliquid31.146+0.299%gTrade (Gains Network)31.148+0.306%KuCoin31.149+0.309%Derive31.150+0.312%RISEx31.159+0.343%
Backpack
Hyperliquid
gTrade (Gains Network)
KuCoin
Derive
RISExAevo31.162+0.350%
Aster31.163+0.353%Phoenix31.169+0.374%01 Exchange31.171+0.380%Paradex31.180+0.408%Pacifica31.191+0.445%BloFin31.200+0.473%Kalshi31.216+0.525%Coinbase International31.278+0.724%
Aster
Phoenix
Paradex
Pacifica
BloFin
Coinbase InternationalInjective32.820+5.690%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX VVV-USDT-SWAP | −0.348% | +0.0100% | 4h | $5.0M | $39.5M | 20x | as long as short |
| Bybit VVVUSDT | −0.345% | +0.0100% | 4h | $38.7M | $49.1M | 20x | as long as short |
| Binance VVVUSDT | −0.243% | +0.0100% | 4h | $34.4M | $150.1M | 25x | as long as short |
| Bitget VVVUSDT | −0.159% | +0.0100% | 4h | $5.7M | $8.0M | 20x | as long as short |
| Lighter VVV | −0.143% | +0.0096% | 1h | $2.2M | $5.1M | 5x | as long as short |
| Nado VVV-PERP | −0.138% | +0.0100% | 1h | $139K | $606K | 3x | as long as short |
| Lighter RH VVV | −0.127% | +0.0096% | 1h | $462K | $1.5M | 5x | as long as short |
| MEXC VVV_USDT | −0.127% | +0.0100% | 4h | $15.3M | $6.9M | 50x | as long as short |
| Gate VVV_USDT | −0.121% | +0.0100% | 4h | $10.5M | $7.8M | 25x | as long as short |
| BingX VVV-USDT | −0.114% | +0.0100% | 4h | — | $4.9M | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX VVVUSDC | −0.096% | +0.0108% | 4h | $69K | $317K | 10x | as long as short |
| Variational Omni VVV | −0.090% | +0.0100% | 4h | $2.1M | $238K | — | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.088% | L +0.0434% / S −0.0196% | 1h | $514K | — | 100x | as long as short |
| Extended VVV-USD | −0.084% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.076% | +0.0100% | 1h | $128K | $795K | 3x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.073% | 0.0000% | 1h | $92K | $19K | 10x | as long as short |
| Phemex VVVUSDTshort | −0.072% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| Backpack VVV_USDC_PERP | −0.065% | +0.0440% | 1h | $129K | $364K | 5x | as long as short |
| Hyperliquid VVV | −0.050% | +0.0100% | 1h | $72.4M | $53.6M | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.044% | L +0.0004% / S −0.0004% | 1h | $438 | — | 150x | as long as short |
| KuCoin VVVUSDTM | −0.040% | +0.0100% | 4h | $2.3M | $2.3M | 20x | as long as short |
| Derive VVV-PERP | −0.037% | +0.0100% | 1h | $416 | $343 | 5x | as long as short |
| RISEx VVV/USDC | −0.007% | +0.0122% | 1h | $374K | $567K | 5x | as long as short |
| Aevo VVV-PERPlong | 0.000% | +0.0104% | 1h | $6K | $13K | 3x | |
| Aster VVVUSDT | +0.004% | +0.0100% | 4h | $361K | $1.7M | 10x | as long as short |
| Phoenix VVV | +0.024% | +0.0276% | 1h | $55K | $302K | 5x | as long as short |
| 01 Exchange VVVUSD | +0.030% | +0.0192% | 1h | $11K | $3K | 3x | as long as short |
| Paradex VVV-USD-PERP | +0.058% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Pacifica VVV | +0.095% | +0.0100% | 1h | $171K | $168K | 10x | as long as short |
| BloFin VVV-USDT | +0.123% | +0.0147% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Kalshi KXVVVPERP | +0.175% | 0.0000% | 8h | $132K | $7.1M | 1.7x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.373% | +0.0248% | 1h | $214K | $1.3M | 25x | as long as short |
| Injective VVV/USDC PERP | +5.322% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |