VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0261%/8h= −28.5% APRnext payment −$0.33 per $10,000 · paid last 24h −0.031%

Price spread now: Polymarket Perps against Extended−0.052%7-day average +0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.170%−$17 on $10k

Price spread, last 4 days (all we have)+0.630%+$63 · spread now −0.052%, 7d avg +0.009%

Together, before fees+0.460%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Polymarket Perps is 0.061% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.009%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.170% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.145	0.0104	pay 0.0013% / 1h	57m 09s	$293K	$1.9M	5x
Short	Polymarket Perps VVV-USD	31.129	−0.0157	pay 0.0020% / 1h	57m 09s	$134K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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 ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$54.75
Price spread: −0.052% → +0.009%: −$6.11
Slippage, 4 orders: −$47.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$121.44
Costs to cover: 0.606%
Break-even: never at this rate

Slippage from Extended: live order book, 1 min ago; Polymarket Perps: live order book, 1 min ago.

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 Extended live order book, 1 min ago	2.35 bp	22.2 bp −$22	229.6 bp −$2,296	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	0.48 bp	10.8 bp −$11	11.3 bp −$113	doesn't fit	doesn't fit

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-USDshort	−0.0157%	1h	31.129	−0.052%	$134K	$1.2M	3x
RISEx VVV/USDC	−0.0152%	1h	31.115	−0.099%	$382K	$644K	5x	as long as short
Gate VVV_USDT	−0.0070%	4h	31.117	−0.091%	$10.4M	$6.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.373	+0.731%	$38K	$264K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.127	−0.059%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.145	+0.001%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.377%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.109	−0.115%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.122	−0.075%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.115	−0.096%	$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	−0.035%	$130K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.148	+0.009%	$71.8M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.191	+0.146%	$252K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.141	−0.014%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.147	+0.005%	$33.1M	$146.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.126	−0.061%	$38.2M	$49.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.142	−0.011%	$4.7M	$38.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.155	+0.031%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.138	−0.024%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.110	−0.113%	$5.6M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.137	−0.027%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.347	+0.646%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.125	−0.066%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.169	+0.076%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.145	long leg	$293K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.192	+0.150%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.350	+0.659%	$78K	$336K	10x	as long as short
Kalshi KXVVVPERP	+0.0125%	8h	31.207	+0.198%	$107K	$6.2M	1.7x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	31.131	−0.046%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0155%	1h	31.151	+0.019%	$120K	$309K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.154	+0.027%	$155K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.123	−0.071%	$561K	—	100x	as long as short