Spread before costs (cost unknown: a leg has no order-book sample)+0.023%
7d average—if it closes, per $10,000$2funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VVVUSDT | 31.825 | 0.0100 | pay 0.0050% / 4h | 1h 31m | $39.9M | $50.4M | 20x |
| Short | Derive VVV-PERP | 31.832 | 0.0100 | get 0.0013% / 1h | 31m 19s | $425 | $343 | 5x |
Bybit VVVUSDT
Derive VVV-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
- $2.28
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$14.72
- Spread needed to break even
- 0.170%
Slippage unknown: Bybit: live order book, 4 min ago; Derive: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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, 4 min ago | 0.16 bp | 22.1 bp −$22 | 67.0 bp −$670 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VVV price on every exchange
against the cheapest. Click to use as the short leg.RISEx31.791cheapestPacifica31.792+0.003%Paradex31.794+0.012%Aster31.797+0.022%Lighter RH31.800+0.030%Lighter31.801+0.032%BloFin31.801+0.033%edgeX31.806+0.048%Phoenix31.813+0.071%KuCoin31.816+0.080%01 Exchange31.820+0.093%Polymarket Perps31.821+0.096%Backpack31.823+0.102%
RISEx
Pacifica
Paradex
Aster
Lighter RH
Lighter
BloFin
Phoenix
KuCoin
Polymarket Perps
BackpackBybit31.825+0.108%
Gate31.825+0.108%Kalshi31.827+0.115%Nado31.827+0.116%Bitget31.829+0.121%OKX31.831+0.127%
Gate
Nado
Bitget
OKXDerive31.832+0.130%
Aevo31.835+0.139%MEXC31.836+0.143%gTrade (Gains Network)31.837+0.145%Binance31.837+0.148%Deribit31.840+0.154%BingX31.844+0.168%GMX31.848+0.182%Extended31.850+0.188%Variational Omni31.858+0.211%Coinbase International31.858+0.213%Phemex31.860+0.219%Hyperliquid31.886+0.300%Injective32.820+3.238%
Aevo
MEXC
gTrade (Gains Network)
Binance
Deribit
BingX
GMX
Extended
Variational Omni
Coinbase International
Phemex
Hyperliquid
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.107% | +0.0256% | 1h | $389K | $595K | 5x | as long as short |
| Pacifica VVV | −0.104% | +0.0100% | 1h | $182K | $168K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.095% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Aster VVVUSDT | −0.086% | +0.0100% | 4h | $278K | $1.8M | 10x | as long as short |
| Lighter RH VVV | −0.078% | +0.0096% | 1h | $480K | $1.6M | 5x | as long as short |
| Lighter VVV | −0.076% | +0.0168% | 1h | $2.2M | $5.4M | 5x | as long as short |
| BloFin VVV-USDT | −0.074% | +0.0043% | 4h | $1.4M | $1.6M | 25x | as long as short |
| edgeX VVVUSDC | −0.059% | +0.0106% | 4h | $79K | $328K | 10x | as long as short |
| Phoenix VVV | −0.037% | +0.0308% | 1h | $56K | $277K | 5x | as long as short |
| KuCoin VVVUSDTM | −0.027% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange VVVUSD | −0.015% | +0.0456% | 1h | $11K | $3K | 3x | as long as short |
| Polymarket Perps VVV-USD | −0.012% | +0.0100% | 1h | $136K | $896K | 3x | as long as short |
| Backpack VVV_USDC_PERP | −0.006% | +0.0701% | 1h | $142K | $376K | 5x | as long as short |
| Bybit VVVUSDTlong | 0.000% | +0.0100% | 4h | $39.9M | $50.4M | 20x | |
| Gate VVV_USDT | +0.001% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| Kalshi KXVVVPERP | +0.007% | 0.0000% | 8h | $130K | $6.7M | 1.7x | as long as short |
| Nado VVV-PERP | +0.009% | +0.0100% | 1h | $149K | $785K | 3x | as long as short |
| Bitget VVVUSDT | +0.014% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.020% | +0.0100% | 4h | $4.9M | $40.5M | 20x | as long as short |
| Derive VVV-PERPshort | +0.023% | +0.0100% | 1h | $425 | $343 | 5x | |
| Aevo VVV-PERP | +0.031% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| MEXC VVV_USDT | +0.036% | +0.0100% | 4h | $16.5M | $6.6M | 50x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.037% | L +0.0004% / S −0.0004% | 1h | $448 | — | 150x | as long as short |
| Binance VVVUSDT | +0.040% | +0.0100% | 4h | $34.4M | $150.2M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.047% | 0.0000% | 1h | $91K | $22K | 10x | as long as short |
| BingX VVV-USDT | +0.061% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.074% | L +0.0445% / S −0.0202% | 1h | $528K | — | 100x | as long as short |
| Extended VVV-USD | +0.080% | +0.0104% | 1h | $307K | $1.6M | 5x | as long as short |
| Variational Omni VVV | +0.103% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Coinbase International VVV-PERP-INTX | +0.106% | +0.0200% | 1h | $221K | $1.1M | 25x | as long as short |
| Phemex VVVUSDT | +0.111% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Hyperliquid VVV | +0.193% | +0.0911% | 1h | $73.9M | $52.2M | 3x | as long as short |
| Injective VVV/USDC PERP | +3.127% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |