VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h +0.135%

Price spread now: Backpack against gTrade (Gains Network)+0.056%7-day average — · you sell dearer than you buy

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

Long on gTrade (Gains Network)Short on Backpack

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Backpack is 0.056% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VVV/USD	30.830	L +0.0004% / S −0.0002%	pay 0.0000% / 1h	24m 35s	$23K	—	150x
Short	Backpack VVV_USDC_PERP	30.847	0.0118	get 0.0015% / 1h	24m 35s	$120K	$252K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now +0.056%Rate

Funding earned: $23.94
Price spread: +0.056% → 0.000%: $5.61
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Backpack: 5 bp × 2 orders: −$10
Net: $7.55
Costs to cover: 0.220%
Break-even: 4.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 34 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack live order book, 34 min ago	2.74 bp	13.7 bp −$14	doesn't fit	doesn't fit	doesn't fit

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 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/USDC	−0.0299%	1h	30.851	+0.067%	$378K	$625K	5x	as long as short
Polymarket Perps VVV-USD	−0.0101%	1h	30.812	−0.058%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.827	−0.009%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0002%	1h	30.830	long leg	$23K	—	150x
01 Exchange VVVUSD	+0.0016%	1h	30.868	+0.123%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.455%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0038%	4h	30.856	+0.084%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	+0.129%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0088%	4h	30.836	+0.019%	$1.3M	$1.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.864	+0.110%	$2.1M	$5.2M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.874	+0.143%	$451K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.858	+0.092%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.865	+0.115%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.873	+0.139%	$70.4M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.872	+0.135%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.888	+0.189%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.872	+0.137%	$33.0M	$130.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.872	+0.138%	$38.4M	$43.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.881	+0.165%	$4.8M	$33.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.868	+0.123%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.849	+0.062%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.851	+0.068%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.869	+0.127%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.801	−0.093%	$1.9M	$290K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.821	−0.028%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.824	−0.019%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.876	+0.149%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.838	+0.025%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	30.844	+0.045%	$77K	$332K	10x	as long as short
Backpack VVV_USDC_PERPshort	+0.0118%	1h	30.847	+0.056%	$120K	$252K	5x
Kalshi KXVVVPERP	+0.0150%	8h	30.836	+0.019%	$101K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.844	+0.045%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0174%	1h	30.820	−0.033%	$540K	—	100x	as long as short