VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.125%

Price spread now: 01 Exchange against Derive+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Derive Short on 01 Exchange

What this pair did over the last

the charts below follow

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 pays, funding is against you. 01 Exchange is 0.031% dearer against Derive than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 48 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	32.012	0.0100	pay 0.0013% / 1h	22m 19s	$2K	$1K	5x
Short	01 Exchange VVVUSD	32.022	0.0048	get 0.0006% / 1h	22m 19s	$11K	$3K	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange against Derive. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DerivebpFee 01 ExchangebpOrdersPrice spread, now +0.031%Rate

Funding earned: −$10.92
Price spread: +0.031% → 0.000%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$20.8
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Derive: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample	—	—	—	—	—

Derive and 01 Exchange: 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	−0.0112%	1h	32.001	−0.036%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.039	+0.084%	$107K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.021	+0.027%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0026%	1h	31.990	−0.069%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.524%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.022	+0.033%	$394K	$604K	5x	as long as short
01 Exchange VVVUSDshort	+0.0048%	1h	32.022	+0.031%	$11K	$3K	3x
Lighter VVV	+0.0096%	1h	32.048	+0.111%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.024	+0.037%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.032	+0.064%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.050	+0.119%	$74.2M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.027	+0.046%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.048	+0.113%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.022	+0.031%	$33.5M	$156.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.007	−0.017%	$39.3M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.008	−0.013%	$4.6M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.003	−0.028%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.032	+0.062%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.995	−0.053%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.014	+0.006%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.011	−0.003%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.110	+0.305%	$2.1M	$183K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	32.012	long leg	$2K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.043	+0.097%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.029	+0.054%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.027	+0.047%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.017	+0.014%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.037	+0.079%	$80K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.110	+0.306%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0127%	1h	32.035	+0.071%	$123K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0155%	4h	32.031	+0.059%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0119%	1h	32.011	−0.004%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.830%	$242K	$1.3M	25x	as long as short