After costs, if the gap returns to its 7d average, $10k−$92
spread now−0.307%7d average+0.015%fees + slippage, in and out−$60spread needed0.596%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX VVV-USDT | 31.244 | 0.0100 | pay 0.0050% / 4h | 8m 54s | — | $4.9M | — |
| Short | Phoenix VVV | 31.148 | 0.0276 | get 0.0035% / 1h | 8m 54s | $55K | $302K | 5x |
BingX VVV-USDT
Phoenix VVVPrice 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
- −$30.73
- Funding while held
- $5.29
- Slippage, 4 orders
- −$42.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$85.01
- Spread needed to break even
- 0.596%
Slippage from BingX: live order book, 3 min ago; Phoenix: live order book, 39 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0176%
- Per $10,000 a day
- +$5.29
- 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 BingX live order book, 3 min ago | 0.96 bp | 8.4 bp −$8 | 29.0 bp −$290 | 252.6 bp −$25.3K | 677.2 bp −$338.6K |
| Sell Phoenix live order book, 39 min ago | 3.11 bp | 19.8 bp −$20 | 57.4 bp −$574 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Nado31.112cheapestRISEx31.115+0.008%Paradex31.116+0.010%Polymarket Perps31.128+0.050%Pacifica31.137+0.079%
Nado
RISEx
Paradex
Polymarket Perps
PacificaPhoenix31.148+0.114%
Aevo31.161+0.155%Derive31.166+0.171%GMX31.166+0.173%gTrade (Gains Network)31.172+0.191%Kalshi31.180+0.217%Bitget31.192+0.256%KuCoin31.198+0.275%Aster31.199+0.278%Extended31.201+0.284%Phemex31.201+0.284%MEXC31.218+0.339%Deribit31.219+0.341%Gate31.219+0.342%edgeX31.228+0.370%01 Exchange31.228+0.371%Lighter31.235+0.394%Lighter RH31.239+0.407%Backpack31.241+0.414%Bybit31.243+0.419%
Aevo
Derive
GMX
gTrade (Gains Network)
Bitget
KuCoin
Aster
Extended
Phemex
MEXC
Deribit
Gate
Lighter
Lighter RH
Backpack
BybitBingX31.244+0.423%
Hyperliquid31.246+0.429%Binance31.251+0.444%BloFin31.252+0.448%OKX31.258+0.468%Variational Omni31.296+0.588%Coinbase International31.302+0.607%
Hyperliquid
Binance
BloFin
OKX
Variational Omni
Coinbase InternationalInjective32.820+5.488%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | −0.421% | +0.0100% | 1h | $139K | $634K | 3x | as long as short |
| RISEx VVV/USDC | −0.413% | +0.0122% | 1h | $373K | $568K | 5x | as long as short |
| Paradex VVV-USD-PERP | −0.411% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.371% | +0.0100% | 1h | $127K | $793K | 3x | as long as short |
| Pacifica VVV | −0.342% | +0.0100% | 1h | $171K | $168K | 10x | as long as short |
| Phoenix VVVshort | −0.307% | +0.0276% | 1h | $55K | $302K | 5x | |
| Aevo VVV-PERP | −0.266% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Derive VVV-PERP | −0.250% | +0.0100% | 1h | $416 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.248% | L +0.0435% / S −0.0196% | 1h | $515K | — | 100x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.230% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERP | −0.205% | 0.0000% | 8h | $132K | $7.2M | 1.7x | as long as short |
| Bitget VVVUSDT | −0.166% | +0.0100% | 4h | $5.7M | $8.1M | 20x | as long as short |
| KuCoin VVVUSDTM | −0.147% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Aster VVVUSDT | −0.144% | +0.0100% | 4h | $365K | $1.7M | 10x | as long as short |
| Extended VVV-USD | −0.138% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| Phemex VVVUSDT | −0.138% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| MEXC VVV_USDT | −0.083% | +0.0100% | 4h | $15.4M | $6.9M | 50x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.081% | 0.0000% | 1h | $91K | $18K | 10x | as long as short |
| Gate VVV_USDT | −0.080% | +0.0100% | 4h | $10.6M | $7.8M | 25x | as long as short |
| edgeX VVVUSDC | −0.053% | +0.0109% | 4h | $69K | $316K | 10x | as long as short |
| 01 Exchange VVVUSD | −0.051% | +0.0200% | 1h | $11K | $3K | 3x | as long as short |
| Lighter VVV | −0.028% | +0.0096% | 1h | $2.2M | $5.1M | 5x | as long as short |
| Lighter RH VVV | −0.016% | +0.0096% | 1h | $463K | $1.5M | 5x | as long as short |
| Backpack VVV_USDC_PERP | −0.008% | +0.0465% | 1h | $130K | $362K | 5x | as long as short |
| Bybit VVVUSDT | −0.004% | +0.0100% | 4h | $39.0M | $49.0M | 20x | as long as short |
| BingX VVV-USDTlong | 0.000% | +0.0100% | 4h | — | $4.9M | — | |
| Hyperliquid VVV | +0.006% | +0.0137% | 1h | $72.7M | $53.5M | 3x | as long as short |
| Binance VVVUSDT | +0.022% | +0.0100% | 4h | $34.7M | $150.4M | 25x | as long as short |
| BloFin VVV-USDT | +0.026% | +0.0080% | 4h | $1.4M | $1.6M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.045% | +0.0100% | 4h | $5.0M | $39.8M | 20x | as long as short |
| Variational Omni VVV | +0.165% | +0.0100% | 4h | $2.1M | $238K | — | as long as short |
| Coinbase International VVV-PERP-INTX | +0.184% | +0.0248% | 1h | $214K | $1.3M | 25x | as long as short |
| Injective VVV/USDC PERP | +5.044% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |