After costs, if the gap returns to its 7d average, $10k−$56
spread now+0.150%7d average—fees + slippage, in and out−$71spread needed0.712%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 32.018 | 0 | get 0.0000% / 1h | 35m 09s | $99K | $12K | 10x |
| Short | Nado VVV-PERP | 32.066 | 0.0100 | get 0.0012% / 1h | 35m 09s | $151K | $648K | 3x |
Deribit VVV_USDC-PERPETUAL
Nado VVV-PERPPrice 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
- $14.96
- Funding while held
- $3
- Slippage, 4 orders
- −$57.23
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$53.27
- Spread needed to break even
- 0.712%
Slippage from Deribit: live order book, 40 min ago; Nado: live order book, 20 min ago.
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 live order book, 40 min ago | 19.61 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 20 min ago | 6.84 bp | 12.0 bp −$12 | 35.2 bp −$352 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.966cheapestedgeX31.993+0.083%Derive31.998+0.100%Coinbase International32.000+0.106%gTrade (Gains Network)32.000+0.107%Bybit32.001+0.108%GMX32.003+0.115%Lighter RH32.005+0.121%Binance32.010+0.137%Phoenix32.010+0.137%Extended32.011+0.141%Kalshi32.012+0.143%Aevo32.014+0.150%Lighter32.017+0.159%
Variational Omni
Derive
Coinbase International
gTrade (Gains Network)
Bybit
GMX
Lighter RH
Binance
Phoenix
Extended
Aevo
LighterDeribit32.018+0.161%
Polymarket Perps32.019+0.165%KuCoin32.022+0.175%Aster32.023+0.177%MEXC32.023+0.178%BloFin32.025+0.184%OKX32.028+0.193%Bitget32.030+0.200%Phemex32.032+0.206%Gate32.034+0.212%Backpack32.035+0.215%Paradex32.039+0.229%Hyperliquid32.041+0.234%RISEx32.044+0.242%BingX32.048+0.256%Pacifica32.059+0.291%
Polymarket Perps
KuCoin
Aster
MEXC
BloFin
OKX
Bitget
Phemex
Gate
Backpack
Paradex
Hyperliquid
RISEx
BingX
PacificaNado32.066+0.311%
Injective32.820+2.671%
InjectiveVVV on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.161% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
| edgeX VVVUSDC | −0.078% | +0.0164% | 4h | $76K | $311K | 10x | as long as short |
| Derive VVV-PERP | −0.061% | +0.0100% | 1h | $427 | $343 | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.055% | +0.0232% | 1h | $162K | $1.3M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.054% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Bybit VVVUSDT | −0.053% | +0.0100% | 4h | $39.8M | $48.7M | 20x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.046% | L +0.0533% / S −0.0286% | 1h | $530K | — | 100x | as long as short |
| Lighter RH VVV | −0.039% | +0.0096% | 1h | $501K | $1.4M | 5x | as long as short |
| Binance VVVUSDT | −0.024% | +0.0137% | 4h | $36.3M | $149.6M | 25x | as long as short |
| Phoenix VVV | −0.024% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended VVV-USD | −0.020% | +0.0136% | 1h | $318K | $1.7M | 5x | as long as short |
| Kalshi KXVVVPERP | −0.017% | +0.0202% | 8h | $140K | $7.4M | 1.7x | as long as short |
| Aevo VVV-PERP | −0.011% | +0.0120% | 1h | $6K | $13K | 3x | as long as short |
| Lighter VVV | −0.002% | +0.0192% | 1h | $2.4M | $4.7M | 5x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $99K | $12K | 10x | |
| Polymarket Perps VVV-USD | +0.004% | +0.0100% | 1h | $132K | $769K | 3x | as long as short |
| KuCoin VVVUSDTM | +0.014% | +0.0100% | 4h | $2.2M | $2.2M | 20x | as long as short |
| Aster VVVUSDT | +0.017% | +0.0100% | 4h | $397K | $1.6M | 10x | as long as short |
| MEXC VVV_USDT | +0.017% | +0.0136% | 4h | $15.5M | $6.9M | 50x | as long as short |
| BloFin VVV-USDT | +0.023% | +0.0100% | 4h | $1.5M | $1.5M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.032% | +0.0100% | 4h | $5.2M | $41.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.039% | +0.0100% | 4h | $5.8M | $7.9M | 20x | as long as short |
| Phemex VVVUSDT | +0.045% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| Gate VVV_USDT | +0.051% | +0.0100% | 4h | $10.8M | $7.9M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.054% | +0.0370% | 1h | $140K | $365K | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.068% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| Hyperliquid VVV | +0.073% | +0.0179% | 1h | $76.5M | $51.3M | 3x | as long as short |
| RISEx VVV/USDC | +0.081% | +0.0358% | 1h | $384K | $575K | 5x | as long as short |
| BingX VVV-USDT | +0.095% | +0.0156% | 4h | — | $4.7M | — | as long as short |
| Pacifica VVV | +0.130% | +0.0100% | 1h | $173K | $242K | 10x | as long as short |
| Nado VVV-PERPshort | +0.150% | +0.0100% | 1h | $151K | $648K | 3x | |
| Injective VVV/USDC PERP | +2.506% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |