After costs, if the gap returns to its 7d average, $10k−$62
spread now−0.256%7d average−0.084%fees + slippage, in and out−$45spread needed0.446%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack VVV_USDC_PERP | 31.980 | 0.0262 | pay 0.0033% / 1h | 58m 45s | $144K | $377K | 5x |
| Short | Polymarket Perps VVV-USD | 31.898 | −0.0001 | pay 0.0000% / 1h | 58m 45s | $135K | $939K | 3x |
Price 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
- −$25.64
- Funding while held
- −$7.91
- Slippage, 4 orders
- −$26.61
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$78.16
- Spread needed to break even
- 0.446%
Slippage from Backpack: live order book, 36 min ago; Polymarket Perps: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0264%
- Per $10,000 a day
- −$7.91
- 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 Backpack live order book, 36 min ago | 0.91 bp | 15.7 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 0.16 bp | 4.5 bp −$4 | 4.8 bp −$48 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.VVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | −0.281% | +0.0100% | 1h | $149K | $784K | 3x | as long as short |
| RISEx VVV/USDC | −0.259% | +0.0206% | 1h | $390K | $596K | 5x | as long as short |
| Polymarket Perps VVV-USDshort | −0.256% | −0.0001% | 1h | $135K | $939K | 3x | |
| Kalshi KXVVVPERP | −0.241% | 0.0000% | 8h | $131K | $6.8M | 1.7x | as long as short |
| Variational Omni VVV | −0.237% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Gate VVV_USDT | −0.228% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| KuCoin VVVUSDTM | −0.216% | +0.0100% | 4h | $2.1M | $2.5M | 20x | as long as short |
| Bybit VVVUSDT | −0.213% | +0.0100% | 4h | $39.8M | $50.6M | 20x | as long as short |
| Paradex VVV-USD-PERP | −0.185% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Bitget VVVUSDT | −0.172% | +0.0100% | 4h | $5.9M | $8.4M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance VVVUSDT | −0.172% | +0.0100% | 4h | $34.0M | $151.8M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.172% | L +0.0445% / S −0.0202% | 1h | $530K | — | 100x | as long as short |
| edgeX VVVUSDC | −0.167% | +0.0114% | 4h | $79K | $330K | 10x | as long as short |
| OKX VVV-USDT-SWAP | −0.166% | +0.0100% | 4h | $4.8M | $40.9M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.154% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| 01 Exchange VVVUSD | −0.144% | +0.0640% | 1h | $11K | $3K | 3x | as long as short |
| Pacifica VVV | −0.142% | +0.0100% | 1h | $183K | $168K | 10x | as long as short |
| Phemex VVVUSDT | −0.131% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Extended VVV-USD | −0.126% | +0.0104% | 1h | $320K | $1.6M | 5x | as long as short |
| Lighter RH VVV | −0.125% | +0.0136% | 1h | $481K | $1.5M | 5x | as long as short |
| BingX VVV-USDT | −0.119% | +0.0100% | 4h | — | $5.2M | — | as long as short |
| Derive VVV-PERP | −0.116% | +0.0100% | 1h | $426 | $343 | 5x | as long as short |
| Lighter VVV | −0.113% | +0.0096% | 1h | $2.2M | $5.4M | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.109% | −0.0003% | 1h | $91K | $22K | 10x | as long as short |
| Aevo VVV-PERP | −0.104% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| MEXC VVV_USDT | −0.103% | +0.0100% | 4h | $16.8M | $6.7M | 50x | as long as short |
| BloFin VVV-USDT | −0.091% | +0.0046% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Aster VVVUSDT | −0.089% | +0.0100% | 4h | $281K | $1.8M | 10x | as long as short |
| Hyperliquid VVV | −0.053% | +0.0562% | 1h | $74.3M | $52.7M | 3x | as long as short |
| Backpack VVV_USDC_PERPlong | 0.000% | +0.0262% | 1h | $144K | $377K | 5x | |
| Coinbase International VVV-PERP-INTX | +0.063% | +0.0232% | 1h | $199K | $1.1M | 25x | as long as short |
| Phoenix VVV | +0.147% | +0.0308% | 1h | $56K | $277K | 5x | as long as short |
| Injective VVV/USDC PERP | +2.627% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |
Backpack VVV_USDC_PERP
Polymarket Perps VVV-USD
RISEx
Variational Omni
Gate
KuCoin
Bybit
Paradex
Bitget
Binance
GMX
OKX
gTrade (Gains Network)
Pacifica
Phemex
Extended
Lighter RH
BingX
Derive
Lighter
Deribit
MEXC
BloFin
Aster
Hyperliquid
Coinbase International
Phoenix
Injective