VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.13 per $10,000 · paid last 24h −0.005%

Price spread now: Derive against Coinbase International−0.074%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 Derive

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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 −$3 a day on $10k at the current rate, and Derive is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 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	31.333	0.0208	pay 0.0026% / 1h	4m 27s	$155K	$1.3M	25x
Short	Derive VVV-PERP	31.310	0.0100	get 0.0013% / 1h	4m 27s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.074%Rate

Funding earned: −$22.68
Price spread: −0.074% → 0.000%: −$7.36
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Derive: 3 bp × 2 orders: −$6
Net: −$46.04
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 4 min ago; Derive: 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, 4 min ago	20.95 bp	25.9 bp −$26	40.2 bp −$402	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 on 32 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
RISEx VVV/USDC	−0.0111%	1h	31.272	−0.196%	$384K	$640K	5x	as long as short
Polymarket Perps VVV-USD	−0.0024%	1h	31.282	−0.164%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0020%	4h	31.282	−0.164%	$10.5M	$7.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.370	+0.117%	$42K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.323	−0.034%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.295	−0.124%	$20K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.745%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.284	−0.158%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.269	−0.205%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.284	−0.158%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.298	−0.111%	$130K	$845K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.314	−0.062%	$72.2M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.343	+0.031%	$254K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.310	−0.075%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.304	−0.094%	$33.3M	$147.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.287	−0.148%	$38.4M	$49.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.308	−0.081%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.302	−0.100%	$6.3M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.300	−0.106%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.270	−0.202%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.302	−0.100%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.307	−0.084%	$2.1M	$185K	—	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.310	−0.074%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.337	+0.012%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.293	−0.128%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.337	+0.011%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.331	−0.006%	$78K	$335K	10x	as long as short
Kalshi KXVVVPERP	+0.0111%	8h	31.344	+0.034%	$112K	$6.3M	1.7x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.290	−0.138%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0124%	1h	31.279	−0.173%	$564K	—	100x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0208%	1h	31.333	long leg	$155K	$1.3M	25x
Backpack VVV_USDC_PERP	+0.0280%	1h	31.358	+0.077%	$121K	$311K	5x	as long as short