After costs, if the gap returns to its 7d average, $10k−$73
spread now+0.274%7d average+0.058%fees + slippage, in and out−$95spread needed0.948%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VVVUSDT | 31.209 | 0.0100 | pay 0.0050% / 4h | 2h 20m | $39.3M | $49.3M | 20x |
| Short | Coinbase International VVV-PERP-INTX | 31.294 | 0.0176 | get 0.0022% / 1h | 20m 44s | $209K | $1.1M | 25x |
Bybit VVVUSDT
Coinbase International VVV-PERP-INTXPrice 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
- $27.43
- Funding while held
- $2.28
- Slippage, 4 orders
- −$73.84
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$65.13
- Spread needed to break even
- 0.948%
Slippage from Bybit: live order book, 5 min ago; Coinbase International: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0076%
- Per $10,000 a day
- +$2.28
- 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 Bybit live order book, 5 min ago | 1.13 bp | 23.8 bp −$24 | 102.2 bp −$1,022 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 22.52 bp | 27.5 bp −$28 | 37.9 bp −$379 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Phoenix31.071cheapestedgeX31.102+0.101%Phemex31.187+0.373%Aevo31.187+0.374%Gate31.193+0.393%Extended31.193+0.393%Aster31.195+0.398%OKX31.203+0.425%Bitget31.203+0.425%GMX31.207+0.437%
Phoenix
Phemex
Aevo
Gate
Extended
Aster
OKX
Bitget
GMXBybit31.209+0.444%
gTrade (Gains Network)31.211+0.450%Binance31.211+0.452%Pacifica31.219+0.477%Nado31.220+0.478%MEXC31.220+0.480%BingX31.220+0.480%Derive31.222+0.485%KuCoin31.223+0.489%RISEx31.227+0.504%Deribit31.229+0.509%Paradex31.232+0.518%Polymarket Perps31.232+0.518%Lighter31.236+0.532%Backpack31.239+0.540%Lighter RH31.240+0.544%Hyperliquid31.243+0.554%Kalshi31.243+0.554%BloFin31.244+0.557%Variational Omni31.263+0.617%01 Exchange31.267+0.631%
gTrade (Gains Network)
Binance
Pacifica
Nado
MEXC
BingX
Derive
KuCoin
RISEx
Deribit
Paradex
Polymarket Perps
Lighter
Backpack
Lighter RH
Hyperliquid
BloFin
Variational OmniCoinbase International31.294+0.719%
Injective32.820+5.629%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VVV | −0.442% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| edgeX VVVUSDC | −0.341% | +0.0110% | 4h | $77K | $326K | 10x | as long as short |
| Phemex VVVUSDT | −0.070% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Aevo VVV-PERP | −0.069% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Gate VVV_USDT | −0.051% | +0.0100% | 4h | $10.6M | $7.4M | 25x | as long as short |
| Extended VVV-USD | −0.050% | +0.0104% | 1h | $301K | $1.6M | 5x | as long as short |
| Aster VVVUSDT | −0.045% | +0.0100% | 4h | $294K | $1.8M | 10x | as long as short |
| OKX VVV-USDT-SWAP | −0.019% | +0.0100% | 4h | $5.0M | $39.2M | 20x | as long as short |
| Bitget VVVUSDT | −0.019% | +0.0100% | 4h | $5.8M | $8.1M | 20x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.007% | L +0.0441% / S −0.0203% | 1h | $519K | — | 100x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit VVVUSDTlong | 0.000% | +0.0100% | 4h | $39.3M | $49.3M | 20x | |
| gTrade (Gains Network) VVV/USD | +0.007% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Binance VVVUSDT | +0.009% | +0.0100% | 4h | $34.0M | $148.8M | 25x | as long as short |
| Pacifica VVV | +0.033% | +0.0100% | 1h | $172K | $159K | 10x | as long as short |
| Nado VVV-PERP | +0.034% | +0.0100% | 1h | $109K | $745K | 3x | as long as short |
| MEXC VVV_USDT | +0.036% | +0.0100% | 4h | $15.6M | $6.4M | 50x | as long as short |
| BingX VVV-USDT | +0.036% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Derive VVV-PERP | +0.041% | +0.0100% | 1h | $417 | $343 | 5x | as long as short |
| KuCoin VVVUSDTM | +0.045% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| RISEx VVV/USDC | +0.060% | +0.0082% | 1h | $383K | $568K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.065% | 0.0000% | 1h | $89K | $22K | 10x | as long as short |
| Paradex VVV-USD-PERP | +0.074% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Polymarket Perps VVV-USD | +0.074% | +0.0100% | 1h | $131K | $870K | 3x | as long as short |
| Lighter VVV | +0.088% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.096% | +0.0631% | 1h | $134K | $355K | 5x | as long as short |
| Lighter RH VVV | +0.100% | +0.0096% | 1h | $462K | $1.5M | 5x | as long as short |
| Hyperliquid VVV | +0.110% | +0.0317% | 1h | $71.5M | $50.8M | 3x | as long as short |
| Kalshi KXVVVPERP | +0.110% | 0.0000% | 8h | $136K | $6.7M | 1.7x | as long as short |
| BloFin VVV-USDT | +0.113% | +0.0126% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Variational Omni VVV | +0.173% | +0.0100% | 4h | $2.1M | $153K | — | as long as short |
| 01 Exchange VVVUSD | +0.186% | +0.0368% | 1h | $11K | $3K | 3x | as long as short |
| Coinbase International VVV-PERP-INTXshort | +0.274% | +0.0176% | 1h | $209K | $1.1M | 25x | |
| Injective VVV/USDC PERP | +5.163% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |