After costs, if the gap returns to its 7d average, $10k−$51
spread now+0.091%7d average+0.038%fees + slippage, in and out−$56spread needed0.562%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance VVVUSDT | 31.027 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $34.2M | $147.6M | 25x |
| Short | Backpack VVV_USDC_PERP | 31.056 | 0.0588 | get 0.0074% / 1h | 30m 05s | $124K | $360K | 5x |
Binance VVVUSDT
Backpack VVV_USDC_PERPPrice 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
- $9.14
- Funding while held
- $14.65
- Slippage, 4 orders
- −$36.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$32.38
- Spread needed to break even
- 0.562%
Slippage from Binance: live order book, 15 min ago; Backpack: live order book, 15 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0488%
- Per $10,000 a day
- +$14.65
- 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 Binance live order book, 15 min ago | 0.16 bp | 13.4 bp −$13 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 15 min ago | 2.43 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Bybit31.019cheapestOKX31.021+0.006%Gate31.023+0.013%
Bybit
OKX
GateBinance31.027+0.027%
BingX31.031+0.039%Derive31.033+0.044%Deribit31.034+0.048%Bitget31.035+0.052%Lighter RH31.040+0.068%MEXC31.044+0.081%Lighter31.048+0.093%Extended31.048+0.094%Phemex31.051+0.103%GMX31.052+0.107%gTrade (Gains Network)31.053+0.111%Polymarket Perps31.054+0.113%
BingX
Derive
Deribit
Bitget
Lighter RH
MEXC
Lighter
Extended
Phemex
GMX
gTrade (Gains Network)
Polymarket PerpsBackpack31.056+0.119%
Hyperliquid31.061+0.135%Nado31.064+0.147%RISEx31.067+0.156%KuCoin31.070+0.164%Paradex31.080+0.196%Aevo31.083+0.206%Pacifica31.086+0.215%Kalshi31.087+0.219%Aster31.089+0.225%01 Exchange31.089+0.226%Variational Omni31.135+0.375%Coinbase International31.140+0.390%Phoenix31.166+0.474%BloFin31.180+0.519%edgeX31.183+0.530%
Hyperliquid
Nado
RISEx
KuCoin
Paradex
Aevo
Pacifica
Aster
Variational Omni
Coinbase International
Phoenix
BloFinInjective32.820+5.806%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit VVVUSDT | −0.027% | +0.0100% | 4h | $38.7M | $48.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | −0.021% | +0.0100% | 4h | $5.0M | $38.9M | 20x | as long as short |
| Gate VVV_USDT | −0.014% | +0.0100% | 4h | $10.5M | $7.3M | 25x | as long as short |
| Binance VVVUSDTlong | 0.000% | +0.0100% | 4h | $34.2M | $147.6M | 25x | |
| BingX VVV-USDT | +0.012% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Derive VVV-PERP | +0.017% | +0.0100% | 1h | $414 | $343 | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.021% | 0.0000% | 1h | $89K | $22K | 10x | as long as short |
| Bitget VVVUSDT | +0.024% | +0.0100% | 4h | $5.7M | $7.9M | 20x | as long as short |
| Lighter RH VVV | +0.041% | +0.0096% | 1h | $465K | $1.5M | 5x | as long as short |
| MEXC VVV_USDT | +0.053% | +0.0100% | 4h | $15.5M | $6.6M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter VVV | +0.066% | +0.0096% | 1h | $2.1M | $5.1M | 5x | as long as short |
| Extended VVV-USD | +0.067% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| Phemex VVVUSDT | +0.076% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.079% | L +0.0435% / S −0.0200% | 1h | $513K | — | 100x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.084% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Polymarket Perps VVV-USD | +0.086% | +0.0100% | 1h | $134K | $854K | 3x | as long as short |
| Backpack VVV_USDC_PERPshort | +0.091% | +0.0588% | 1h | $124K | $360K | 5x | |
| Hyperliquid VVV | +0.108% | +0.0100% | 1h | $71.4M | $50.7M | 3x | as long as short |
| Nado VVV-PERP | +0.119% | +0.0100% | 1h | $127K | $668K | 3x | as long as short |
| RISEx VVV/USDC | +0.129% | +0.0156% | 1h | $374K | $551K | 5x | as long as short |
| KuCoin VVVUSDTM | +0.137% | +0.0100% | 4h | $2.4M | $2.4M | 20x | as long as short |
| Paradex VVV-USD-PERP | +0.169% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Aevo VVV-PERP | +0.178% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Pacifica VVV | +0.188% | +0.0100% | 1h | $171K | $162K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.192% | 0.0000% | 8h | $133K | $6.9M | 1.7x | as long as short |
| Aster VVVUSDT | +0.198% | +0.0100% | 4h | $345K | $1.7M | 10x | as long as short |
| 01 Exchange VVVUSD | +0.198% | +0.0208% | 1h | $11K | $3K | 3x | as long as short |
| Variational Omni VVV | +0.347% | +0.0100% | 4h | $2.1M | $209K | — | as long as short |
| Coinbase International VVV-PERP-INTX | +0.363% | +0.0200% | 1h | $222K | $1.2M | 25x | as long as short |
| Phoenix VVV | +0.447% | +0.0232% | 1h | $55K | $297K | 5x | as long as short |
| BloFin VVV-USDT | +0.492% | +0.0152% | 4h | $1.4M | $1.5M | 25x | as long as short |
| edgeX VVVUSDC | +0.503% | +0.0111% | 4h | $77K | $326K | 10x | as long as short |
| Injective VVV/USDC PERP | +5.777% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |