Spread before costs (cost unknown: a leg has no order-book sample)+0.882%
7d average—if it closes, per $10,000$88funding while held, a day−$8.18
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 30.531 | 0.0373 | pay 0.0047% / 1h | 19m 17s | $87K | $22K | 10x |
| Short | Variational Omni VVV | 30.801 | 0.0100 | get 0.0050% / 4h | 3h 19m | $2.1M | $210K | — |
Deribit VVV_USDC-PERPETUAL
Variational Omni VVVPrice 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
- $88.2
- Funding while held
- −$8.18
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $73.02
- Spread needed to break even
- 0.070%
Slippage unknown: Deribit: no order-book sample; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0273%
- Per $10,000 a day
- −$8.18
- 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 Variational Omni RFQ quote, 1 min ago | 4.19 bp | doesn't fit | 40.5 bp −$405 | 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.Phoenix30.459cheapestKalshi30.473+0.046%Gate30.477+0.059%Paradex30.480+0.069%RISEx30.483+0.079%Aster30.485+0.084%01 Exchange30.488+0.095%GMX30.488+0.097%Pacifica30.497+0.125%KuCoin30.500+0.135%Coinbase International30.500+0.135%Polymarket Perps30.509+0.164%Binance30.511+0.170%Aevo30.511+0.172%gTrade (Gains Network)30.512+0.174%Nado30.520+0.200%Lighter RH30.520+0.200%Derive30.523+0.210%Phemex30.524+0.213%Lighter30.524+0.214%MEXC30.527+0.223%
Phoenix
Gate
Paradex
RISEx
Aster
GMX
Pacifica
KuCoin
Coinbase International
Polymarket Perps
Binance
Aevo
gTrade (Gains Network)
Nado
Lighter RH
Derive
Phemex
Lighter
MEXCDeribit30.531+0.237%
Bybit30.532+0.241%BloFin30.535+0.250%Bitget30.537+0.256%Extended30.538+0.260%Hyperliquid30.547+0.290%BingX30.556+0.318%Backpack30.557+0.320%OKX30.570+0.364%
Bybit
BloFin
Bitget
Extended
Hyperliquid
BingX
Backpack
OKXVariational Omni30.801+1.121%
edgeX30.829+1.213%Injective32.820+7.751%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VVV | −0.237% | +0.0232% | 1h | $53K | $297K | 5x | as long as short |
| Kalshi KXVVVPERP | −0.191% | 0.0000% | 8h | $135K | $6.7M | 1.7x | as long as short |
| Gate VVV_USDT | −0.178% | +0.0100% | 4h | $10.4M | $7.4M | 25x | as long as short |
| Paradex VVV-USD-PERP | −0.168% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| RISEx VVV/USDC | −0.158% | +0.0156% | 1h | $367K | $554K | 5x | as long as short |
| Aster VVVUSDT | −0.153% | +0.0100% | 4h | $331K | $1.7M | 10x | as long as short |
| 01 Exchange VVVUSD | −0.142% | +0.0208% | 1h | $11K | $3K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.140% | L +0.0433% / S −0.0201% | 1h | $504K | — | 100x | as long as short |
| Pacifica VVV | −0.112% | +0.0100% | 1h | $168K | $161K | 10x | as long as short |
| KuCoin VVVUSDTM | −0.103% | +0.0100% | 4h | $2.4M | $2.4M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International VVV-PERP-INTX | −0.103% | +0.0200% | 1h | $219K | $1.2M | 25x | as long as short |
| Polymarket Perps VVV-USD | −0.073% | +0.0100% | 1h | $130K | $854K | 3x | as long as short |
| Binance VVVUSDT | −0.067% | +0.0100% | 4h | $33.5M | $147.6M | 25x | as long as short |
| Aevo VVV-PERP | −0.065% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.063% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Nado VVV-PERP | −0.037% | +0.0100% | 1h | $122K | $693K | 3x | as long as short |
| Lighter RH VVV | −0.037% | +0.0096% | 1h | $451K | $1.5M | 5x | as long as short |
| Derive VVV-PERP | −0.027% | +0.0100% | 1h | $407 | $343 | 5x | as long as short |
| Phemex VVVUSDT | −0.024% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Lighter VVV | −0.024% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| MEXC VVV_USDT | −0.014% | +0.0100% | 4h | $15.3M | $6.7M | 50x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.000% | +0.0373% | 1h | $87K | $22K | 10x | |
| Bybit VVVUSDT | +0.003% | +0.0100% | 4h | $38.2M | $48.8M | 20x | as long as short |
| BloFin VVV-USDT | +0.012% | +0.0067% | 4h | $1.2M | $1.5M | 25x | as long as short |
| Bitget VVVUSDT | +0.019% | +0.0100% | 4h | $5.6M | $7.9M | 20x | as long as short |
| Extended VVV-USD | +0.023% | +0.0104% | 1h | $294K | $1.6M | 5x | as long as short |
| Hyperliquid VVV | +0.052% | +0.0100% | 1h | $70.1M | $50.8M | 3x | as long as short |
| BingX VVV-USDT | +0.081% | +0.0070% | 4h | — | $4.9M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.083% | +0.0461% | 1h | $122K | $359K | 5x | as long as short |
| OKX VVV-USDT-SWAP | +0.127% | +0.0100% | 4h | $4.9M | $38.4M | 20x | as long as short |
| Variational Omni VVVshort | +0.882% | +0.0100% | 4h | $2.1M | $210K | — | |
| edgeX VVVUSDC | +0.974% | +0.0103% | 4h | $77K | $326K | 10x | as long as short |
| Injective VVV/USDC PERP | +7.496% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |