After costs, if the gap returns to its 7d average, $10k+$18
spread now+0.780%7d average−0.047%fees + slippage, in and out−$65spread needed0.648%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin VVV-USDT | 30.878 | 0.0129 | pay 0.0065% / 4h | 3h 56m | $1.4M | $1.5M | 25x |
| Short | Phoenix VVV | 31.119 | 0.0232 | get 0.0029% / 1h | 56m 16s | $55K | $284K | 5x |
BloFin 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
- $78.05
- Funding while held
- $3.07
- Slippage, 4 orders
- −$45.82
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $16.3
- Spread needed to break even
- 0.648%
Slippage from BloFin: live order book, 3 min ago; Phoenix: live order book, 51 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0102%
- Per $10,000 a day
- +$3.07
- 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 BloFin live order book, 3 min ago | 1.93 bp | 15.4 bp −$15 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 51 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.Kalshi30.866cheapest
BloFin30.878+0.039%
Gate30.879+0.042%Coinbase International30.887+0.067%Bitget30.888+0.071%gTrade (Gains Network)30.894+0.092%GMX30.894+0.092%Paradex30.895+0.095%Aevo30.896+0.096%Backpack30.899+0.108%KuCoin30.903+0.120%Deribit30.908+0.136%Aster30.909+0.139%Extended30.914+0.154%Bybit30.920+0.175%Polymarket Perps30.928+0.201%Lighter30.930+0.206%Lighter RH30.932+0.214%MEXC30.933+0.217%Binance30.940+0.240%Pacifica30.943+0.249%OKX30.944+0.253%Hyperliquid30.952+0.279%Nado30.952+0.280%Phemex30.963+0.314%Derive30.969+0.334%RISEx30.974+0.349%01 Exchange30.982+0.376%BingX31.002+0.441%edgeX31.107+0.782%
Gate
Coinbase International
Bitget
gTrade (Gains Network)
GMX
Paradex
Aevo
Backpack
KuCoin
Deribit
Aster
Extended
Bybit
Polymarket Perps
Lighter
Lighter RH
MEXC
Binance
Pacifica
OKX
Hyperliquid
Nado
Phemex
Derive
RISEx
BingXPhoenix31.119+0.820%
Variational Omni31.131+0.857%
Variational OmniInjective32.820+6.331%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERP | −0.039% | 0.0000% | 8h | $136K | $7.1M | 1.7x | as long as short |
| BloFin VVV-USDTlong | 0.000% | +0.0129% | 4h | $1.4M | $1.5M | 25x | |
| Gate VVV_USDT | +0.003% | −0.0180% | 4h | $10.5M | $7.3M | 25x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.028% | +0.0200% | 1h | $211K | $1.3M | 25x | as long as short |
| Bitget VVVUSDT | +0.032% | +0.0100% | 4h | $5.7M | $8.0M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.053% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.053% | L +0.0433% / S −0.0197% | 1h | $510K | — | 100x | as long as short |
| Paradex VVV-USD-PERP | +0.056% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Aevo VVV-PERP | +0.058% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.069% | +0.0294% | 1h | $127K | $365K | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin VVVUSDTM | +0.081% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.097% | +0.0054% | 1h | $91K | $19K | 10x | as long as short |
| Aster VVVUSDT | +0.100% | +0.0100% | 4h | $353K | $1.7M | 10x | as long as short |
| Extended VVV-USD | +0.115% | +0.0104% | 1h | $298K | $1.6M | 5x | as long as short |
| Bybit VVVUSDT | +0.136% | +0.0100% | 4h | $38.6M | $49.2M | 20x | as long as short |
| Polymarket Perps VVV-USD | +0.162% | +0.0016% | 1h | $135K | $858K | 3x | as long as short |
| Lighter VVV | +0.167% | +0.0096% | 1h | $2.2M | $5.0M | 5x | as long as short |
| Lighter RH VVV | +0.175% | +0.0096% | 1h | $461K | $1.4M | 5x | as long as short |
| MEXC VVV_USDT | +0.178% | +0.0100% | 4h | $15.2M | $6.5M | 50x | as long as short |
| Binance VVVUSDT | +0.201% | +0.0100% | 4h | $34.3M | $149.7M | 25x | as long as short |
| Pacifica VVV | +0.211% | +0.0100% | 1h | $170K | $168K | 10x | as long as short |
| OKX VVV-USDT-SWAP | +0.214% | +0.0100% | 4h | $5.0M | $39.1M | 20x | as long as short |
| Hyperliquid VVV | +0.240% | +0.0100% | 1h | $71.5M | $54.4M | 3x | as long as short |
| Nado VVV-PERP | +0.241% | +0.0100% | 1h | $132K | $624K | 3x | as long as short |
| Phemex VVVUSDT | +0.275% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Derive VVV-PERP | +0.295% | +0.0100% | 1h | $413 | $343 | 5x | as long as short |
| RISEx VVV/USDC | +0.310% | +0.0156% | 1h | $373K | $566K | 5x | as long as short |
| 01 Exchange VVVUSD | +0.337% | 0.0000% | 1h | $11K | $3K | 3x | as long as short |
| BingX VVV-USDT | +0.402% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| edgeX VVVUSDC | +0.743% | +0.0104% | 4h | $70K | $319K | 10x | as long as short |
| Phoenix VVVshort | +0.780% | +0.0232% | 1h | $55K | $284K | 5x | |
| Variational Omni VVV | +0.818% | +0.0100% | 4h | $2.1M | $238K | — | as long as short |
| Injective VVV/USDC PERP | +6.289% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |