Funding you earn now, next payment 22:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h −0.006%
Price spread now: Coinbase International against Derive+0.301%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.301% dearer against Derive than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive VVV-PERP | 32.089 | 0.0100 | pay 0.0013% / 1h | 18m 49s | $1K | $1K | 5x |
| Short | Coinbase International VVV-PERP-INTX | 32.185 | 0.0144 | get 0.0018% / 1h | 18m 49s | $226K | $1.3M | 25x |
Derive VVV-PERP
Coinbase International VVV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Derive. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.24
- Price spread: +0.301% → 0.000%
- $30.09
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $23.33
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Derive: no order-book sample; Coinbase International: live order book, 5 min ago. Net counts fees only.
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 Derive no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 5 min ago | 26.53 bp | 31.5 bp −$32 | 31.6 bp −$316 | doesn't fit | doesn't fit |
Derive: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit VVV_USDC-PERPETUAL | −0.0146% | 1h | 32.075 | −0.043% | $91K | $23K | 10x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.112 | +0.073% | $106K | $6.9M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.090 | +0.005% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +2.279% | $2K | $1K | 5.5x | as long as short |
| BloFin VVV-USDT | +0.0093% | 4h | 32.108 | +0.060% | $1.3M | $1.8M | 25x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.105 | +0.051% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 32.078 | −0.033% | $477K | $1.6M | 5x | as long as short |
| Phoenix VVV | +0.0098% | 1h | 32.095 | +0.020% | $56K | $294K | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 32.087 | −0.004% | $148K | $783K | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.111 | +0.070% | $264K | $1.9M | 10x | as long as short |
Deribit VVV_USDC-PERPETUAL
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
BloFin VVV-USDT
Lighter VVV
Lighter RH VVV
Phoenix VVV
Nado VVV-PERP
Aster VVVUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica VVV | +0.0100% | 1h | 32.119 | +0.095% | $184K | $183K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.112 | +0.074% | $33.6M | $157.6M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.115 | +0.083% | $39.5M | $52.8M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.149 | +0.188% | $4.7M | $42.7M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.098 | +0.029% | $10.8M | $7.8M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.089 | +0.001% | $6.3M | $7.1M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.096 | +0.023% | $2.0M | $2.9M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.109 | +0.063% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.095 | +0.020% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.091 | +0.007% | $2.1M | $183K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 32.071 | −0.055% | $138K | $1.2M | 3x | as long as short |
| Derive VVV-PERPlong | +0.0100% | 1h | 32.089 | long leg | $1K | $1K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 32.101 | +0.038% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.094 | +0.018% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.096 | +0.024% | $317K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.091 | +0.007% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0109% | 4h | 32.083 | −0.018% | $80K | $333K | 10x | as long as short |
| Coinbase International VVV-PERP-INTXshort | +0.0144% | 1h | 32.185 | +0.301% | $226K | $1.3M | 25x | |
| RISEx VVV/USDC | +0.0175% | 1h | 32.083 | −0.016% | $394K | $598K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0187% / S +0.0167% | 1h | 32.086 | −0.009% | $617K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0221% | 1h | 32.107 | +0.058% | $121K | $374K | 5x | as long as short |
| Hyperliquid VVV | +0.0339% | 1h | 32.179 | +0.282% | $74.7M | $56.1M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.0360% | 1h | 32.087 | −0.005% | $11K | $3K | 3x | as long as short |
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
Aevo VVV-PERP
edgeX VVVUSDC
RISEx VVV/USDC
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP
Hyperliquid VVV
01 Exchange VVVUSD