Spread before costs (cost unknown: a leg has no order-book sample)−0.042%
7d average—if it closes, per $10,000$4funding while held, a day+$6.07
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 31.689 | 0 | get 0.0000% / 1h | 15m 45s | $91K | $22K | 10x |
| Short | GMX VVV/USD [ETH-USDC] | 31.676 | L +0.0444% / S −0.0202% | get 0.0025% / 1h | 15m 45s | $526K | — | 100x |
Deribit VVV_USDC-PERPETUAL
GMX VVV/USD [ETH-USDC]Price 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
- −$4.24
- Funding while held
- $6.07
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$17.18
- Spread needed to break even
- 0.190%
Slippage unknown: Deribit: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0202%
- Per $10,000 a day
- +$6.07
- 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 GMX no order-book sample | — | — | — | — | — |
Deribit and GMX: 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.GMX31.676cheapest
Polymarket Perps31.679+0.010%gTrade (Gains Network)31.682+0.018%
Polymarket Perps
gTrade (Gains Network)Deribit31.689+0.042%
RISEx31.691+0.046%Nado31.691+0.047%01 Exchange31.696+0.063%Derive31.697+0.068%Bybit31.699+0.072%BloFin31.700+0.076%Aevo31.702+0.082%Variational Omni31.704+0.087%KuCoin31.716+0.126%OKX31.717+0.130%Phemex31.719+0.136%Gate31.721+0.142%Binance31.726+0.158%Backpack31.729+0.167%Pacifica31.730+0.170%Phoenix31.730+0.171%edgeX31.730+0.172%Kalshi31.734+0.183%Aster31.736+0.189%MEXC31.739+0.199%Bitget31.739+0.199%Lighter31.741+0.205%Paradex31.742+0.207%Lighter RH31.743+0.212%Extended31.750+0.232%BingX31.751+0.237%Hyperliquid31.795+0.376%Coinbase International31.811+0.427%Injective32.820+3.612%
RISEx
Nado
Derive
Bybit
BloFin
Aevo
Variational Omni
KuCoin
OKX
Phemex
Gate
Binance
Backpack
Pacifica
Phoenix
Aster
MEXC
Bitget
Lighter
Paradex
Lighter RH
Extended
BingX
Hyperliquid
Coinbase International
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX VVV/USD [ETH-USDC]short | −0.042% | L +0.0444% / S −0.0202% | 1h | $526K | — | 100x | |
| Polymarket Perps VVV-USD | −0.033% | +0.0100% | 1h | $134K | $930K | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.024% | L +0.0004% / S −0.0004% | 1h | $446 | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $91K | $22K | 10x | |
| RISEx VVV/USDC | +0.004% | +0.0256% | 1h | $388K | $590K | 5x | as long as short |
| Nado VVV-PERP | +0.005% | +0.0100% | 1h | $148K | $785K | 3x | as long as short |
| 01 Exchange VVVUSD | +0.021% | +0.0424% | 1h | $11K | $3K | 3x | as long as short |
| Derive VVV-PERP | +0.025% | +0.0100% | 1h | $423 | $343 | 5x | as long as short |
| Bybit VVVUSDT | +0.030% | +0.0100% | 4h | $39.5M | $50.5M | 20x | as long as short |
| BloFin VVV-USDT | +0.033% | +0.0138% | 4h | $1.4M | $1.6M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo VVV-PERP | +0.039% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Variational Omni VVV | +0.045% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| KuCoin VVVUSDTM | +0.084% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.087% | +0.0100% | 4h | $4.8M | $40.5M | 20x | as long as short |
| Phemex VVVUSDT | +0.093% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Gate VVV_USDT | +0.100% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| Binance VVVUSDT | +0.115% | +0.0100% | 4h | $33.9M | $151.1M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.125% | +0.0598% | 1h | $142K | $377K | 5x | as long as short |
| Pacifica VVV | +0.128% | +0.0100% | 1h | $182K | $168K | 10x | as long as short |
| Phoenix VVV | +0.128% | +0.0308% | 1h | $55K | $277K | 5x | as long as short |
| edgeX VVVUSDC | +0.130% | +0.0108% | 4h | $79K | $328K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.141% | 0.0000% | 8h | $129K | $6.7M | 1.7x | as long as short |
| Aster VVVUSDT | +0.147% | +0.0100% | 4h | $277K | $1.8M | 10x | as long as short |
| MEXC VVV_USDT | +0.157% | +0.0100% | 4h | $16.4M | $6.7M | 50x | as long as short |
| Bitget VVVUSDT | +0.157% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
| Lighter VVV | +0.162% | +0.0096% | 1h | $2.2M | $5.4M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.165% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Lighter RH VVV | +0.169% | +0.0096% | 1h | $478K | $1.6M | 5x | as long as short |
| Extended VVV-USD | +0.190% | +0.0104% | 1h | $305K | $1.6M | 5x | as long as short |
| BingX VVV-USDT | +0.194% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| Hyperliquid VVV | +0.333% | +0.0761% | 1h | $73.6M | $52.3M | 3x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.385% | +0.0200% | 1h | $223K | $1.1M | 25x | as long as short |
| Injective VVV/USDC PERP | +3.568% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |