VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0192%/8h= −21.0% APRnext payment −$0.24 per $10,000 · paid last 24h +0.002%

Price spread now: Deribit against Coinbase International−0.755%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.195%−$19 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Deribit is 0.755% cheaper against Coinbase International than usual: you would sell low and buy high (−$75 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	32.278	0.0192	pay 0.0024% / 1h	23m 58s	$242K	$1.3M	25x
Short	Deribit VVV_USDC-PERPETUAL	32.034	0	get 0.0000% / 1h	23m 58s	$91K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee DeribitbpOrdersPrice spread, now −0.755%Rate

Funding earned: −$40.32
Price spread: −0.755% → 0.000%: −$75.47
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$132.79
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

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 Coinbase International live order book, 5 min ago	23.10 bp	30.5 bp −$30	38.4 bp −$384	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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 on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kalshi KXVVVPERP	0.0000%	8h	32.055	−0.690%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	32.034	−0.755%	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.059	−0.677%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0026%	1h	32.019	−0.801%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.680%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.021	−0.794%	$394K	$604K	5x	as long as short
01 Exchange VVVUSD	+0.0048%	1h	32.018	−0.805%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.058	−0.682%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.032	−0.761%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.033	−0.757%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.075	−0.628%	$74.3M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.046	−0.718%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.051	−0.701%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.046	−0.716%	$33.5M	$156.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.029	−0.771%	$39.3M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.031	−0.764%	$4.6M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.025	−0.783%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.045	−0.721%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.025	−0.783%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.024	−0.786%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.052	−0.699%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.110	−0.520%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.051	−0.701%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.078	−0.619%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.049	−0.710%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.029	−0.769%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.031	−0.765%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	32.120	−0.488%	$80K	$332K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.110	−0.520%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0129%	1h	32.061	−0.671%	$124K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0132%	4h	32.049	−0.709%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0173%	1h	32.054	−0.692%	$616K	—	100x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0192%	1h	32.278	long leg	$242K	$1.3M	25x