Spread before costs (cost unknown: a leg has no order-book sample)+0.010%
7d average—if it closes, per $10,000$1funding while held, a day−$0.13
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) VVV/USD | 30.462 | L +0.0004% / S −0.0004% | pay 0.0001% / 1h | 56m 21s | $18K | — | 150x |
| Short | Deribit VVV_USDC-PERPETUAL | 30.464 | 0 | get 0.0000% / 1h | 56m 21s | $87K | $22K | 10x |
gTrade (Gains Network) VVV/USD
Deribit VVV_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $0.95
- Funding while held
- −$0.13
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$18.18
- Spread needed to break even
- 0.190%
Slippage unknown: gTrade (Gains Network): no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0004%
- Per $10,000 a day
- −$0.13
- Average in range /8h
- —
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 Deribit no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.edgeX30.335cheapestVariational Omni30.363+0.093%Coinbase International30.424+0.292%BloFin30.435+0.330%Phoenix30.440+0.346%Phemex30.444+0.359%Kalshi30.450+0.379%GMX30.457+0.401%Derive30.457+0.402%Nado30.459+0.409%Polymarket Perps30.460+0.412%Bybit30.461+0.415%Bitget30.461+0.415%
Variational Omni
Coinbase International
BloFin
Phoenix
Phemex
GMX
Derive
Nado
Polymarket Perps
Bybit
BitgetgTrade (Gains Network)30.462+0.417%
Gate30.464+0.425%
GateDeribit30.464+0.427%
RISEx30.465+0.429%Binance30.465+0.429%Aevo30.468+0.440%Extended30.469+0.442%01 Exchange30.470+0.445%OKX30.474+0.458%MEXC30.474+0.458%Backpack30.479+0.474%Aster30.479+0.474%Hyperliquid30.480+0.478%BingX30.484+0.491%KuCoin30.485+0.495%Paradex30.500+0.543%Pacifica30.508+0.569%Lighter RH30.509+0.574%Lighter30.514+0.590%
RISEx
Binance
Aevo
Extended
OKX
MEXC
Backpack
Aster
Hyperliquid
BingX
KuCoin
Paradex
Pacifica
Lighter RH
LighterInjective32.820+8.192%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX VVVUSDC | −0.415% | +0.0112% | 4h | $75K | $327K | 10x | as long as short |
| Variational Omni VVV | −0.323% | +0.0100% | 4h | $2.0M | $210K | — | as long as short |
| Coinbase International VVV-PERP-INTX | −0.125% | +0.0176% | 1h | $219K | $1.1M | 25x | as long as short |
| BloFin VVV-USDT | −0.087% | +0.0148% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Phoenix VVV | −0.071% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| Phemex VVVUSDT | −0.057% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Kalshi KXVVVPERP | −0.038% | 0.0000% | 8h | $141K | $6.6M | 1.7x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.016% | L +0.0434% / S −0.0202% | 1h | $505K | — | 100x | as long as short |
| Derive VVV-PERP | −0.015% | +0.0100% | 1h | $407 | $343 | 5x | as long as short |
| Nado VVV-PERP | −0.008% | +0.0100% | 1h | $117K | $711K | 3x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.005% | +0.0100% | 1h | $125K | $855K | 3x | as long as short |
| Bybit VVVUSDT | −0.002% | +0.0100% | 4h | $38.5M | $49.1M | 20x | as long as short |
| Bitget VVVUSDT | −0.002% | +0.0100% | 4h | $5.6M | $8.0M | 20x | as long as short |
| gTrade (Gains Network) VVV/USDlong | 0.000% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | |
| Gate VVV_USDT | +0.008% | +0.0100% | 4h | $10.4M | $7.2M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUALshort | +0.010% | 0.0000% | 1h | $87K | $22K | 10x | |
| RISEx VVV/USDC | +0.011% | +0.0082% | 1h | $370K | $566K | 5x | as long as short |
| Binance VVVUSDT | +0.011% | +0.0100% | 4h | $33.6M | $148.0M | 25x | as long as short |
| Aevo VVV-PERP | +0.023% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Extended VVV-USD | +0.025% | +0.0104% | 1h | $294K | $1.6M | 5x | as long as short |
| 01 Exchange VVVUSD | +0.028% | +0.0424% | 1h | $11K | $3K | 3x | as long as short |
| OKX VVV-USDT-SWAP | +0.041% | +0.0100% | 4h | $4.9M | $38.3M | 20x | as long as short |
| MEXC VVV_USDT | +0.041% | +0.0100% | 4h | $15.2M | $6.3M | 50x | as long as short |
| Backpack VVV_USDC_PERP | +0.056% | +0.0915% | 1h | $124K | $356K | 5x | as long as short |
| Aster VVVUSDT | +0.057% | +0.0100% | 4h | $309K | $1.7M | 10x | as long as short |
| Hyperliquid VVV | +0.061% | +0.0588% | 1h | $69.7M | $51.1M | 3x | as long as short |
| BingX VVV-USDT | +0.074% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| KuCoin VVVUSDTM | +0.077% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Paradex VVV-USD-PERP | +0.125% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Pacifica VVV | +0.151% | +0.0100% | 1h | $168K | $161K | 10x | as long as short |
| Lighter RH VVV | +0.156% | +0.0096% | 1h | $451K | $1.5M | 5x | as long as short |
| Lighter VVV | +0.173% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Injective VVV/USDC PERP | +7.743% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |