After costs, if the gap returns to its 7d average, $10k−$139
spread now−0.537%7d average+0.074%fees + slippage, in and out−$78spread needed0.781%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget VVVUSDT | 31.296 | 0.0100 | pay 0.0050% / 4h | 12m 54s | $5.8M | $8.0M | 20x |
| Short | Phoenix VVV | 31.128 | 0.0276 | get 0.0035% / 1h | 12m 54s | $55K | $302K | 5x |
Bitget VVVUSDT
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
- −$53.68
- Funding while held
- $5.29
- Slippage, 4 orders
- −$59.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$126.48
- Spread needed to break even
- 0.781%
Slippage from Bitget: live order book, 2 min ago; Phoenix: live order book, 35 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 Bitget live order book, 2 min ago | 4.94 bp | 20.8 bp −$21 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 35 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.Variational Omni31.081cheapest
Variational OmniPhoenix31.128+0.150%
Coinbase International31.193+0.358%edgeX31.214+0.427%Extended31.284+0.650%OKX31.289+0.668%Polymarket Perps31.293+0.681%Bybit31.294+0.684%
Coinbase International
Extended
OKX
Polymarket Perps
BybitBitget31.296+0.691%
Nado31.299+0.700%BingX31.302+0.710%BloFin31.306+0.723%GMX31.307+0.727%Lighter31.308+0.728%Gate31.311+0.739%Derive31.312+0.741%Phemex31.312+0.742%MEXC31.316+0.755%Binance31.317+0.757%Lighter RH31.318+0.761%gTrade (Gains Network)31.318+0.761%Deribit31.319+0.765%KuCoin31.320+0.768%Backpack31.323+0.779%Aevo31.330+0.800%Aster31.332+0.807%01 Exchange31.333+0.810%Hyperliquid31.346+0.851%RISEx31.348+0.857%Paradex31.378+0.955%Pacifica31.403+1.036%Kalshi31.496+1.334%Injective32.820+5.594%
Nado
BingX
BloFin
GMX
Lighter
Gate
Derive
Phemex
MEXC
Binance
Lighter RH
gTrade (Gains Network)
Deribit
KuCoin
Backpack
Aevo
Aster
Hyperliquid
RISEx
Paradex
Pacifica
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.686% | +0.0100% | 4h | $2.1M | $238K | — | as long as short |
| Phoenix VVVshort | −0.537% | +0.0276% | 1h | $55K | $302K | 5x | |
| Coinbase International VVV-PERP-INTX | −0.330% | +0.0248% | 1h | $213K | $1.3M | 25x | as long as short |
| edgeX VVVUSDC | −0.261% | +0.0109% | 4h | $69K | $319K | 10x | as long as short |
| Extended VVV-USD | −0.040% | +0.0104% | 1h | $302K | $1.6M | 5x | as long as short |
| OKX VVV-USDT-SWAP | −0.022% | +0.0100% | 4h | $5.1M | $39.9M | 20x | as long as short |
| Polymarket Perps VVV-USD | −0.010% | +0.0100% | 1h | $140K | $771K | 3x | as long as short |
| Bybit VVVUSDT | −0.006% | +0.0100% | 4h | $39.1M | $49.0M | 20x | as long as short |
| Bitget VVVUSDTlong | 0.000% | +0.0100% | 4h | $5.8M | $8.0M | 20x | |
| Nado VVV-PERP | +0.010% | +0.0100% | 1h | $140K | $623K | 3x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BingX VVV-USDT | +0.019% | +0.0100% | 4h | — | $4.8M | — | as long as short |
| BloFin VVV-USDT | +0.032% | +0.0101% | 4h | $1.4M | $1.6M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.036% | L +0.0437% / S −0.0196% | 1h | $517K | — | 100x | as long as short |
| Lighter VVV | +0.037% | +0.0096% | 1h | $2.2M | $5.1M | 5x | as long as short |
| Gate VVV_USDT | +0.048% | +0.0100% | 4h | $10.6M | $7.8M | 25x | as long as short |
| Derive VVV-PERP | +0.050% | +0.0100% | 1h | $418 | $343 | 5x | as long as short |
| Phemex VVVUSDT | +0.051% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| MEXC VVV_USDT | +0.064% | +0.0100% | 4h | $15.4M | $6.9M | 50x | as long as short |
| Binance VVVUSDT | +0.066% | +0.0100% | 4h | $34.9M | $150.2M | 25x | as long as short |
| Lighter RH VVV | +0.070% | +0.0096% | 1h | $464K | $1.5M | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.070% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.074% | +0.0268% | 1h | $91K | $18K | 10x | as long as short |
| KuCoin VVVUSDTM | +0.077% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Backpack VVV_USDC_PERP | +0.088% | +0.0489% | 1h | $130K | $362K | 5x | as long as short |
| Aevo VVV-PERP | +0.109% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Aster VVVUSDT | +0.115% | +0.0100% | 4h | $368K | $1.7M | 10x | as long as short |
| 01 Exchange VVVUSD | +0.118% | +0.0200% | 1h | $11K | $3K | 3x | as long as short |
| Hyperliquid VVV | +0.160% | +0.0172% | 1h | $73.1M | $53.6M | 3x | as long as short |
| RISEx VVV/USDC | +0.165% | +0.0122% | 1h | $376K | $566K | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.262% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Pacifica VVV | +0.343% | +0.0100% | 1h | $172K | $168K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.639% | 0.0000% | 8h | $133K | $7.2M | 1.7x | as long as short |
| Injective VVV/USDC PERP | +4.870% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |