VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.18 per $10,000 · paid last 24h +0.010%

Price spread now: Extended against Coinbase International−0.189%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$740.741% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)+0.468%+$47 · spread now −0.189%, 7d avg −0.035%

Together, before fees+0.461%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.154% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.189% now, against its 7-day average of −0.035%). If the spread goes back, that is −$15 on $10k: about 3.6 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.573	−0.0040	get 0.0005% / 1h	21m 00s	$188K	$1.3M	25x
Short	Extended VVV-USD	31.514	0.0104	get 0.0013% / 1h	21m 00s	$299K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.189%Rate

Funding earned: $30.24
Price spread: −0.189% → −0.035%: −$15.38
Slippage, 4 orders: −$59.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$59.24
Costs to cover: 0.741%
Break-even: 20.7 days

Slippage from Coinbase International: live order book, 2 min ago; Extended: live order book, 2 min ago.

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, 2 min ago	9.61 bp	14.6 bp −$15	23.3 bp −$233	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	2.08 bp	20.2 bp −$20	258.2 bp −$2,582	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0337%	1h	31.445	−0.407%	$386K	$664K	5x	as long as short
Coinbase International VVV-PERP-INTXlong	−0.0040%	1h	31.573	long leg	$188K	$1.3M	25x
Kalshi KXVVVPERP	0.0000%	8h	31.500	−0.232%	$96K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.506	−0.213%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.498	−0.238%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.949%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0044%	4h	31.498	−0.238%	$11.7M	$5.2M	25x	as long as short
BloFin VVV-USDT	+0.0065%	4h	31.546	−0.086%	$1.4M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.518	−0.176%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.519	−0.172%	$464K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps VVV-USD	+0.0100%	1h	31.472	−0.321%	$122K	$1.4M	3x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.461	−0.356%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.471	−0.326%	$160K	$950K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.579	+0.018%	$70.6M	$44.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.525	−0.154%	$250K	$632K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.484	−0.282%	$185K	$124K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.548	−0.080%	$33.7M	$113.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.525	−0.153%	$38.3M	$39.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.535	−0.121%	$4.8M	$28.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.521	−0.166%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.490	−0.264%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.519	−0.172%	$5.7M	$6.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.523	−0.159%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.470	−0.328%	$2.0M	$356K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.467	−0.337%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.532	−0.131%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDshort	+0.0104%	1h	31.514	−0.189%	$299K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.504	−0.220%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.529	−0.139%	$78K	$330K	10x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	31.479	−0.299%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.507	−0.210%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0364%	1h	31.564	−0.028%	$160K	$274K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0212%	1h	31.490	−0.264%	$506K	—	100x	as long as short