After costs, if the gap returns to its 7d average, $10k−$132
spread now+0.123%7d average+0.087%fees + slippage, in and out−$136spread needed1.359%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VVVUSDT | 32.004 | 0.0100 | pay 0.0050% / 4h | 1h 35m | $39.8M | $48.7M | 20x |
| Short | Phemex VVVUSDT | 32.043 | 0.0100 | get 0.0050% / 4h | 1h 35m | $2.2M | $2.0M | 50x |
Bybit VVVUSDT
Phemex VVVUSDTPrice 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
- $12.34
- Funding while held
- $0
- Slippage, 4 orders
- −$112.86
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$123.52
- Spread needed to break even
- 1.359%
Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 4 min ago.
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, 5 min ago | 0.16 bp | 17.5 bp −$18 | 92.2 bp −$922 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.87 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.966cheapestedgeX31.993+0.083%Kalshi31.995+0.090%Derive31.998+0.100%Coinbase International32.000+0.106%gTrade (Gains Network)32.000+0.107%GMX32.003+0.115%
Variational Omni
Derive
Coinbase International
gTrade (Gains Network)
GMXBybit32.004+0.117%
Gate32.006+0.125%Phoenix32.010+0.137%Extended32.011+0.141%Aevo32.014+0.150%Bitget32.017+0.159%Deribit32.018+0.161%Polymarket Perps32.019+0.165%OKX32.021+0.172%Backpack32.021+0.172%BingX32.022+0.175%BloFin32.026+0.187%Binance32.027+0.190%Lighter RH32.030+0.200%Aster32.038+0.224%Paradex32.039+0.229%MEXC32.043+0.240%
Gate
Phoenix
Extended
Aevo
Bitget
Deribit
Polymarket Perps
OKX
Backpack
BingX
BloFin
Binance
Lighter RH
Aster
Paradex
MEXCPhemex32.043+0.240%
RISEx32.044+0.242%KuCoin32.046+0.250%Hyperliquid32.059+0.290%Pacifica32.059+0.291%Lighter32.063+0.304%Nado32.066+0.311%Injective32.820+2.671%
RISEx
KuCoin
Hyperliquid
Pacifica
Lighter
Nado
InjectiveVVV on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.117% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
| edgeX VVVUSDC | −0.034% | +0.0164% | 4h | $76K | $311K | 10x | as long as short |
| Kalshi KXVVVPERP | −0.027% | +0.0202% | 8h | $140K | $7.4M | 1.7x | as long as short |
| Derive VVV-PERP | −0.017% | +0.0100% | 1h | $427 | $343 | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.011% | +0.0232% | 1h | $162K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.010% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.002% | L +0.0533% / S −0.0286% | 1h | $530K | — | 100x | as long as short |
| Bybit VVVUSDTlong | 0.000% | +0.0100% | 4h | $39.8M | $48.7M | 20x | |
| Gate VVV_USDT | +0.008% | +0.0100% | 4h | $10.8M | $7.9M | 25x | as long as short |
| Phoenix VVV | +0.020% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended VVV-USD | +0.024% | +0.0136% | 1h | $318K | $1.7M | 5x | as long as short |
| Aevo VVV-PERP | +0.034% | +0.0120% | 1h | $6K | $13K | 3x | as long as short |
| Bitget VVVUSDT | +0.042% | +0.0100% | 4h | $5.8M | $7.9M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.044% | 0.0000% | 1h | $99K | $12K | 10x | as long as short |
| Polymarket Perps VVV-USD | +0.048% | +0.0100% | 1h | $132K | $769K | 3x | as long as short |
| OKX VVV-USDT-SWAP | +0.055% | +0.0100% | 4h | $5.2M | $41.8M | 20x | as long as short |
| Backpack VVV_USDC_PERP | +0.056% | +0.0373% | 1h | $140K | $365K | 5x | as long as short |
| BingX VVV-USDT | +0.058% | +0.0163% | 4h | — | $4.7M | — | as long as short |
| BloFin VVV-USDT | +0.070% | +0.0121% | 4h | $1.5M | $1.5M | 25x | as long as short |
| Binance VVVUSDT | +0.073% | +0.0137% | 4h | $36.3M | $149.6M | 25x | as long as short |
| Lighter RH VVV | +0.083% | +0.0096% | 1h | $502K | $1.4M | 5x | as long as short |
| Aster VVVUSDT | +0.107% | +0.0100% | 4h | $397K | $1.6M | 10x | as long as short |
| Paradex VVV-USD-PERP | +0.112% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| MEXC VVV_USDT | +0.123% | +0.0136% | 4h | $15.6M | $6.9M | 50x | as long as short |
| Phemex VVVUSDTshort | +0.123% | +0.0100% | 4h | $2.2M | $2.0M | 50x | |
| RISEx VVV/USDC | +0.125% | +0.0358% | 1h | $384K | $575K | 5x | as long as short |
| KuCoin VVVUSDTM | +0.133% | +0.0100% | 4h | $2.2M | $2.2M | 20x | as long as short |
| Hyperliquid VVV | +0.173% | +0.0180% | 1h | $76.5M | $51.3M | 3x | as long as short |
| Pacifica VVV | +0.174% | +0.0100% | 1h | $173K | $242K | 10x | as long as short |
| Lighter VVV | +0.187% | +0.0192% | 1h | $2.4M | $4.7M | 5x | as long as short |
| Nado VVV-PERP | +0.194% | +0.0100% | 1h | $151K | $648K | 3x | as long as short |
| Injective VVV/USDC PERP | +2.551% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |