Funding you earn now, next payment 03:00 UTC−0.0225%/8h= −24.6% APRnext payment −$0.28 per $10,000 · paid last 24h +0.004%
Price spread now: GMX against Derive−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive VVV-PERP | 31.318 | 0.0100 | pay 0.0013% / 1h | 57m 37s | $3K | $3K | 5x |
| Short | GMX VVV/USD [ETH-USDC] | 31.314 | L +0.0175% / S +0.0125% | pay 0.0016% / 1h | 57m 37s | $564K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$47.19
- Price spread: −0.014% → 0.000%
- −$1.38
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$66.57
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; GMX: no order-book sample. 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 GMX no order-book sample | — | — | — | — | — |
Derive 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 on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.0157% | 1h | 31.129 | −0.605% | $134K | $1.2M | 3x | as long as short |
| RISEx VVV/USDC | −0.0152% | 1h | 31.115 | −0.651% | $382K | $644K | 5x | as long as short |
| Gate VVV_USDT | −0.0070% | 4h | 31.127 | −0.611% | $10.5M | $6.1M | 25x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 31.348 | +0.094% | $38K | $227K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.324 | +0.019% | $87K | $24K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0005% | 1h | 31.320 | +0.005% | $20K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.794% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.113 | −0.655% | $2.1M | $5.3M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.110 | −0.666% | $459K | $1.5M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.115 | −0.649% | $3K | $73 | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.0100% | 1h | 31.134 | −0.587% | $130K | $846K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.156 | −0.519% | $71.9M | $53.3M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.198 | −0.386% | $252K | $1.8M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.141 | −0.567% | $186K | $161K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.140 | −0.570% | $33.1M | $146.6M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.139 | −0.574% | $38.2M | $49.9M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.126 | −0.615% | $4.7M | $38.8M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.148 | −0.544% | $6.3M | $6.6M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.275 | −0.139% | $1.8M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.123 | −0.624% | $5.6M | $8.5M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.139 | −0.573% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.347 | +0.089% | $2.1M | $185K | — | as long as short |
| Derive VVV-PERPlong | +0.0100% | 1h | 31.318 | long leg | $3K | $3K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 31.334 | +0.050% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.105 | −0.681% | $293K | $1.9M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.337 | +0.059% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0119% | 4h | 31.350 | +0.102% | $78K | $336K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.0125% | 8h | 31.370 | +0.164% | $110K | $6.3M | 1.7x | as long as short |
| 01 Exchange VVVUSD | +0.0144% | 1h | 31.131 | −0.599% | $11K | $3K | 3x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0168% | 1h | 31.333 | +0.047% | $155K | $1.3M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC]short | L +0.0175% / S +0.0125% | 1h | 31.314 | −0.014% | $564K | — | 100x | |
| Backpack VVV_USDC_PERP | +0.0507% | 1h | 31.342 | +0.076% | $121K | $311K | 5x | as long as short |
Derive VVV-PERP
GMX VVV/USD [ETH-USDC]
Polymarket Perps VVV-USD
RISEx VVV/USDC
Gate VVV_USDT
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
Kalshi KXVVVPERP
01 Exchange VVVUSD
Coinbase International VVV-PERP-INTX
Backpack VVV_USDC_PERP