VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.010%

Price spread now: Polymarket Perps against Coinbase International−1.799%7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs−$246as in the Price arb table

costs, in and out, $10k−$700.701% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.198%−$20 on $10k

Price spread, last 4 days (all we have)+1.538%+$154 · spread now −1.799%, 7d avg −0.042%

Together, before fees+1.340%+$134 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 1.757% cheaper against Coinbase International than usual: you would sell low and buy high (−$176 if the spread goes back to its 7-day average of −0.042%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.655	0.0168	pay 0.0021% / 1h	8m 56s	$145K	$1.2M	25x
Short	Polymarket Perps VVV-USD	31.086	0.0072	get 0.0009% / 1h	8m 56s	$130K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −1.799%Rate

Funding earned: −$20.14
Price spread: −1.799% → −0.042%: −$175.73
Slippage, 4 orders: −$52.1
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$265.97
Costs to cover: 0.701%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Polymarket Perps: live order book, 4 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, 5 min ago	22.19 bp	27.2 bp −$27	43.7 bp −$437	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	3.86 bp	7.9 bp −$8	10.5 bp −$105	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	−0.0152%	1h	31.084	−1.807%	$381K	$642K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.105	−1.738%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.112	−1.717%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0004%	4h	31.104	−1.742%	$10.4M	$6.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.679%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USDshort	+0.0072%	1h	31.086	−1.799%	$130K	$1.2M	3x
Lighter VVV	+0.0096%	1h	31.102	−1.749%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.095	−1.771%	$460K	$1.5M	5x	as long as short
BloFin VVV-USDT	+0.0097%	4h	31.116	−1.704%	$1.3M	$1.7M	25x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.104	−1.743%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.103	−1.744%	$143K	$842K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.121	−1.688%	$71.4M	$50.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.116	−1.704%	$250K	$1.2M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.127	−1.671%	$184K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.104	−1.742%	$33.0M	$137.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.092	−1.780%	$38.2M	$45.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.095	−1.771%	$4.7M	$36.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.115	−1.707%	$6.4M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.120	−1.692%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.099	−1.758%	$5.7M	$7.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.107	−1.733%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.125	−1.676%	$2.0M	$236K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.097	−1.766%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.171	−1.531%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.175	−1.517%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.102	−1.748%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.117	−1.701%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	31.099	−1.758%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0153%	1h	31.198	−1.445%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0168%	1h	31.655	long leg	$145K	$1.2M	25x
Kalshi KXVVVPERP	+0.0171%	8h	31.131	−1.657%	$99K	$5.9M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.105	−1.739%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0330%	1h	31.130	−1.659%	$123K	$282K	5x	as long as short