Funding you earn now, next payment 06:00 UTC−0.0429%/8h= −47.0% APRnext payment −$0.54 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Derive−0.036%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$13 a day on $10k at the current rate, and RISEx is 0.036% cheaper against Derive than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Derive VVV-PERP | 31.310 | 0.0100 | pay 0.0013% / 1h | 1m 40s | $3K | $3K | 5x |
| Short | RISEx VVV/USDC | 31.299 | −0.0329 | pay 0.0041% / 1h | 1m 40s | $390K | $648K | 5x |
Derive VVV-PERP
RISEx VVV/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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
- −$90.18
- Price spread: −0.036% → 0.000%
- −$3.59
- Slippage, 4 orders
- no order book: not counted
- Fee Derive: 3 bp × 2 orders
- −$6
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$105.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Derive: no order-book sample; RISEx: live order book, 47 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 RISEx live order book, 47 min ago | 2.16 bp | 5.2 bp −$5 | 21.0 bp −$210 | 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx VVV/USDCshort | −0.0329% | 1h | 31.299 | −0.036% | $390K | $648K | 5x | |
| Coinbase International VVV-PERP-INTX | −0.0040% | 1h | 31.403 | +0.298% | $191K | $1.3M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.327 | +0.054% | $87K | $22K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0002% | 1h | 31.331 | +0.068% | $22K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.823% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.359 | +0.155% | $2.0M | $4.8M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.385 | +0.240% | $460K | $1.6M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.358 | +0.154% | $3K | $73 | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.332 | +0.072% | $162K | $897K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.408 | +0.313% | $70.6M | $48.0M | 3x | as long as short |
Coinbase International VVV-PERP-INTX
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Nado VVV-PERP
Hyperliquid VVVShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster VVVUSDT | +0.0100% | 4h | 31.345 | +0.113% | $249K | $1.0M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.382 | +0.229% | $185K | $128K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.379 | +0.220% | $33.9M | $121.5M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.354 | +0.141% | $38.7M | $41.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.367 | +0.182% | $4.9M | $31.2M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.351 | +0.131% | $11.1M | $5.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.385 | +0.240% | $6.7M | $5.8M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.354 | +0.141% | $1.8M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.360 | +0.160% | $5.8M | $7.1M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.366 | +0.179% | — | $4.9M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.292 | −0.057% | $2.0M | $355K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.330 | +0.064% | $121K | $1.4M | 3x | as long as short |
| Derive VVV-PERPlong | +0.0100% | 1h | 31.310 | long leg | $3K | $3K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 31.326 | +0.051% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.353 | +0.137% | $298K | $2.2M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.335 | +0.082% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0109% | 4h | 31.298 | −0.038% | $78K | $333K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.0128% | 1h | 31.310 | 0.000% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | +0.0134% | 8h | 31.371 | +0.195% | $100K | $5.5M | 1.7x | as long as short |
| BloFin VVV-USDT | +0.0139% | 4h | 31.381 | +0.227% | $1.3M | $1.5M | 25x | as long as short |
| Phoenix VVV | +0.0209% | 1h | 31.312 | +0.007% | $33K | $243K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0425% / S −0.0198% | 1h | 31.336 | +0.082% | $501K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0440% | 1h | 31.396 | +0.274% | $152K | $263K | 5x | as long as short |
Aster VVVUSDT
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
Extended VVV-USD
Aevo VVV-PERP
edgeX VVVUSDC
01 Exchange VVVUSD
Kalshi KXVVVPERP
BloFin VVV-USDT
Phoenix VVV
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP