Spread before costs (cost unknown: a leg has no order-book sample)−0.009%
7d average—if it closes, per $10,000$1funding while held, a day−$2.88
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive VVV-PERP | 31.311 | 0.0100 | pay 0.0013% / 1h | 15m 39s | $418 | $343 | 5x |
| Short | gTrade (Gains Network) VVV/USD | 31.308 | L +0.0004% / S −0.0004% | get 0.0001% / 1h | 15m 39s | $19K | — | 150x |
Derive VVV-PERP
gTrade (Gains Network) VVV/USDPrice 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
- −$0.92
- Funding while held
- −$2.88
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$21.79
- Spread needed to break even
- 0.180%
Slippage unknown: Derive: no order-book sample; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0096%
- Per $10,000 a day
- −$2.88
- 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 Derive no order-book sample | — | — | — | — | — |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
Derive and gTrade (Gains Network): 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 Omni31.210cheapestedgeX31.216+0.020%Phoenix31.242+0.102%Coinbase International31.294+0.270%GMX31.299+0.285%Polymarket Perps31.305+0.304%BloFin31.307+0.310%
Variational Omni
Phoenix
Coinbase International
GMX
Polymarket Perps
BloFingTrade (Gains Network)31.308+0.314%
Derive31.311+0.323%
Phemex31.314+0.333%Nado31.314+0.334%01 Exchange31.319+0.349%Aevo31.338+0.411%Kalshi31.339+0.413%Deribit31.341+0.420%Gate31.378+0.538%KuCoin31.384+0.557%Bybit31.387+0.565%MEXC31.388+0.570%Bitget31.393+0.586%Extended31.399+0.605%Binance31.400+0.608%Pacifica31.400+0.609%BingX31.402+0.615%RISEx31.403+0.618%Lighter RH31.404+0.621%Backpack31.410+0.641%Paradex31.411+0.643%Lighter31.413+0.651%Aster31.420+0.672%OKX31.425+0.688%Hyperliquid31.437+0.727%Injective32.820+5.158%
Phemex
Nado
Aevo
Deribit
Gate
KuCoin
Bybit
MEXC
Bitget
Extended
Binance
Pacifica
BingX
RISEx
Lighter RH
Backpack
Paradex
Lighter
Aster
OKX
Hyperliquid
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.322% | +0.0100% | 4h | $2.0M | $184K | — | as long as short |
| edgeX VVVUSDC | −0.302% | +0.0105% | 4h | $78K | $327K | 10x | as long as short |
| Phoenix VVV | −0.220% | +0.0105% | 1h | $55K | $278K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.053% | +0.0176% | 1h | $209K | $1.0M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.037% | L +0.0442% / S −0.0203% | 1h | $520K | — | 100x | as long as short |
| Polymarket Perps VVV-USD | −0.019% | +0.0100% | 1h | $131K | $869K | 3x | as long as short |
| BloFin VVV-USDT | −0.012% | +0.0111% | 4h | $1.4M | $1.6M | 25x | as long as short |
| gTrade (Gains Network) VVV/USDshort | −0.009% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | |
| Derive VVV-PERPlong | 0.000% | +0.0100% | 1h | $418 | $343 | 5x | |
| Phemex VVVUSDT | +0.010% | +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 | |
|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.012% | +0.0100% | 1h | $119K | $760K | 3x | as long as short |
| 01 Exchange VVVUSD | +0.026% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| Aevo VVV-PERP | +0.088% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Kalshi KXVVVPERP | +0.090% | 0.0000% | 8h | $127K | $6.7M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.097% | +0.0127% | 1h | $90K | $22K | 10x | as long as short |
| Gate VVV_USDT | +0.214% | +0.0100% | 4h | $10.7M | $7.4M | 25x | as long as short |
| KuCoin VVVUSDTM | +0.234% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Bybit VVVUSDT | +0.242% | +0.0100% | 4h | $39.5M | $49.3M | 20x | as long as short |
| MEXC VVV_USDT | +0.246% | +0.0100% | 4h | $15.8M | $6.4M | 50x | as long as short |
| Bitget VVVUSDT | +0.262% | +0.0100% | 4h | $5.8M | $8.1M | 20x | as long as short |
| Extended VVV-USD | +0.281% | +0.0104% | 1h | $303K | $1.6M | 5x | as long as short |
| Binance VVVUSDT | +0.284% | +0.0100% | 4h | $34.2M | $148.8M | 25x | as long as short |
| Pacifica VVV | +0.285% | +0.0100% | 1h | $173K | $159K | 10x | as long as short |
| BingX VVV-USDT | +0.291% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| RISEx VVV/USDC | +0.295% | +0.0082% | 1h | $386K | $574K | 5x | as long as short |
| Lighter RH VVV | +0.297% | +0.0096% | 1h | $465K | $1.5M | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.318% | +0.0647% | 1h | $135K | $355K | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.319% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Lighter VVV | +0.327% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Aster VVVUSDT | +0.349% | +0.0100% | 4h | $296K | $1.8M | 10x | as long as short |
| OKX VVV-USDT-SWAP | +0.365% | +0.0100% | 4h | $5.0M | $39.5M | 20x | as long as short |
| Hyperliquid VVV | +0.403% | +0.0349% | 1h | $72.0M | $50.9M | 3x | as long as short |
| Injective VVV/USDC PERP | +4.820% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |