Spread before costs (cost unknown: a leg has no order-book sample)+0.033%
7d average—if it closes, per $10,000$3funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 31.862 | 0 | get 0.0000% / 1h | 29m 08s | $91K | $22K | 10x |
| Short | Binance VVVUSDT | 31.872 | 0.0100 | get 0.0050% / 4h | 1h 29m | $34.4M | $150.7M | 25x |
Deribit VVV_USDC-PERPETUAL
Binance 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
- $3.27
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$10.73
- Spread needed to break even
- 0.170%
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 15 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 0.16 bp | 8.7 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.749cheapestPhoenix31.813+0.202%Gate31.841+0.290%RISEx31.845+0.301%KuCoin31.848+0.312%Bitget31.851+0.321%gTrade (Gains Network)31.852+0.325%Derive31.853+0.329%GMX31.854+0.330%Phemex31.855+0.334%Extended31.856+0.338%Bybit31.857+0.340%Pacifica31.858+0.342%Paradex31.859+0.347%
Variational Omni
Phoenix
Gate
RISEx
KuCoin
Bitget
gTrade (Gains Network)
Derive
GMX
Phemex
Extended
Bybit
Pacifica
ParadexDeribit31.862+0.356%
Aevo31.865+0.367%Polymarket Perps31.867+0.372%Kalshi31.868+0.375%BingX31.869+0.378%MEXC31.871+0.384%
Aevo
Polymarket Perps
BingX
MEXCBinance31.872+0.388%
Aster31.872+0.389%edgeX31.876+0.401%01 Exchange31.877+0.403%BloFin31.877+0.403%OKX31.878+0.407%Nado31.883+0.422%Lighter RH31.887+0.435%Lighter31.893+0.453%Hyperliquid31.895+0.460%Backpack31.900+0.476%Coinbase International31.939+0.598%Injective32.820+3.374%
Aster
BloFin
OKX
Nado
Lighter RH
Lighter
Hyperliquid
Backpack
Coinbase International
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.354% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Phoenix VVV | −0.153% | +0.0308% | 1h | $56K | $277K | 5x | as long as short |
| Gate VVV_USDT | −0.065% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| RISEx VVV/USDC | −0.054% | +0.0256% | 1h | $390K | $595K | 5x | as long as short |
| KuCoin VVVUSDTM | −0.043% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Bitget VVVUSDT | −0.034% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.031% | L +0.0004% / S −0.0004% | 1h | $448 | — | 150x | as long as short |
| Derive VVV-PERP | −0.026% | +0.0100% | 1h | $425 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.025% | L +0.0445% / S −0.0202% | 1h | $529K | — | 100x | as long as short |
| Phemex VVVUSDT | −0.021% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended VVV-USD | −0.017% | +0.0104% | 1h | $307K | $1.6M | 5x | as long as short |
| Bybit VVVUSDT | −0.015% | +0.0100% | 4h | $39.9M | $50.4M | 20x | as long as short |
| Pacifica VVV | −0.013% | +0.0100% | 1h | $183K | $168K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.009% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $91K | $22K | 10x | |
| Aevo VVV-PERP | +0.011% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Polymarket Perps VVV-USD | +0.016% | +0.0100% | 1h | $137K | $910K | 3x | as long as short |
| Kalshi KXVVVPERP | +0.019% | 0.0000% | 8h | $130K | $6.8M | 1.7x | as long as short |
| BingX VVV-USDT | +0.023% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| MEXC VVV_USDT | +0.029% | +0.0100% | 4h | $16.5M | $6.6M | 50x | as long as short |
| Binance VVVUSDTshort | +0.033% | +0.0100% | 4h | $34.4M | $150.7M | 25x | |
| Aster VVVUSDT | +0.033% | +0.0100% | 4h | $279K | $1.8M | 10x | as long as short |
| edgeX VVVUSDC | +0.045% | +0.0114% | 4h | $79K | $329K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.048% | +0.0456% | 1h | $11K | $3K | 3x | as long as short |
| BloFin VVV-USDT | +0.048% | +0.0122% | 4h | $1.4M | $1.6M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.051% | +0.0100% | 4h | $4.8M | $40.6M | 20x | as long as short |
| Nado VVV-PERP | +0.067% | +0.0100% | 1h | $149K | $785K | 3x | as long as short |
| Lighter RH VVV | +0.079% | +0.0096% | 1h | $481K | $1.6M | 5x | as long as short |
| Lighter VVV | +0.098% | +0.0168% | 1h | $2.2M | $5.4M | 5x | as long as short |
| Hyperliquid VVV | +0.104% | +0.0892% | 1h | $73.9M | $52.3M | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.121% | +0.0685% | 1h | $144K | $377K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.242% | +0.0200% | 1h | $223K | $1.1M | 25x | as long as short |
| Injective VVV/USDC PERP | +3.007% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |