Spread before costs (cost unknown: a leg has no order-book sample)+0.056%
7d average—if it closes, per $10,000$6funding while held, a day+$2.87
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) VVV/USD | 31.887 | L +0.0004% / S −0.0004% | pay 0.0001% / 1h | 13m 08s | $449 | — | 150x |
| Short | Polymarket Perps VVV-USD | 31.905 | 0.0100 | get 0.0013% / 1h | 13m 08s | $135K | $935K | 3x |
gTrade (Gains Network) VVV/USD
Polymarket Perps VVV-USDPrice 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
- $5.61
- Funding while held
- $2.87
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$11.52
- Spread needed to break even
- 0.200%
Slippage unknown: gTrade (Gains Network): no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0096%
- Per $10,000 a day
- +$2.87
- 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 Polymarket Perps live order book, 1 min ago | 0.16 bp | 4.5 bp −$4 | 4.8 bp −$48 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.662cheapestedgeX31.714+0.165%Phoenix31.728+0.208%Pacifica31.821+0.501%Paradex31.832+0.535%Bybit31.850+0.594%Kalshi31.862+0.631%Coinbase International31.863+0.634%Gate31.863+0.634%Bitget31.871+0.660%Extended31.872+0.662%Binance31.873+0.666%Aevo31.873+0.667%RISEx31.873+0.667%MEXC31.874+0.669%OKX31.876+0.676%BingX31.879+0.685%Deribit31.879+0.686%Derive31.880+0.688%GMX31.881+0.690%Lighter RH31.882+0.694%Lighter31.883+0.697%BloFin31.884+0.701%Aster31.885+0.704%Phemex31.887+0.710%
Variational Omni
Phoenix
Pacifica
Paradex
Bybit
Coinbase International
Gate
Bitget
Extended
Binance
Aevo
RISEx
MEXC
OKX
BingX
Deribit
Derive
GMX
Lighter RH
Lighter
BloFin
Aster
PhemexgTrade (Gains Network)31.887+0.711%
Nado31.891+0.724%Hyperliquid31.898+0.745%01 Exchange31.903+0.761%Backpack31.905+0.767%
Nado
Hyperliquid
BackpackPolymarket Perps31.905+0.767%
KuCoin31.908+0.777%Injective32.820+3.657%
KuCoin
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.706% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| edgeX VVVUSDC | −0.542% | +0.0118% | 4h | $79K | $329K | 10x | as long as short |
| Phoenix VVV | −0.499% | +0.0308% | 1h | $55K | $277K | 5x | as long as short |
| Pacifica VVV | −0.208% | +0.0100% | 1h | $183K | $168K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.174% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Bybit VVVUSDT | −0.115% | +0.0100% | 4h | $39.7M | $50.5M | 20x | as long as short |
| Kalshi KXVVVPERP | −0.079% | 0.0000% | 8h | $129K | $6.7M | 1.7x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.076% | +0.0200% | 1h | $224K | $1.1M | 25x | as long as short |
| Gate VVV_USDT | −0.076% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| Bitget VVVUSDT | −0.050% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Extended VVV-USD | −0.048% | +0.0104% | 1h | $307K | $1.6M | 5x | as long as short |
| Binance VVVUSDT | −0.044% | +0.0100% | 4h | $34.0M | $151.2M | 25x | as long as short |
| Aevo VVV-PERP | −0.044% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| RISEx VVV/USDC | −0.043% | +0.0256% | 1h | $390K | $590K | 5x | as long as short |
| MEXC VVV_USDT | −0.041% | +0.0100% | 4h | $16.6M | $6.7M | 50x | as long as short |
| OKX VVV-USDT-SWAP | −0.035% | +0.0100% | 4h | $4.8M | $40.7M | 20x | as long as short |
| BingX VVV-USDT | −0.025% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.024% | 0.0000% | 1h | $91K | $22K | 10x | as long as short |
| Derive VVV-PERP | −0.022% | +0.0100% | 1h | $426 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.021% | L +0.0446% / S −0.0202% | 1h | $530K | — | 100x | as long as short |
| Lighter RH VVV | −0.016% | +0.0096% | 1h | $480K | $1.6M | 5x | as long as short |
| Lighter VVV | −0.013% | +0.0096% | 1h | $2.2M | $5.4M | 5x | as long as short |
| BloFin VVV-USDT | −0.010% | +0.0111% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Aster VVVUSDT | −0.007% | +0.0100% | 4h | $278K | $1.8M | 10x | as long as short |
| Phemex VVVUSDT | 0.000% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) VVV/USDlong | 0.000% | L +0.0004% / S −0.0004% | 1h | $449 | — | 150x | |
| Nado VVV-PERP | +0.014% | +0.0100% | 1h | $149K | $785K | 3x | as long as short |
| Hyperliquid VVV | +0.034% | +0.0733% | 1h | $73.8M | $52.4M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.050% | +0.0416% | 1h | $11K | $3K | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.056% | +0.0591% | 1h | $143K | $377K | 5x | as long as short |
| Polymarket Perps VVV-USDshort | +0.056% | +0.0100% | 1h | $135K | $935K | 3x | |
| KuCoin VVVUSDTM | +0.066% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Injective VVV/USDC PERP | +2.926% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |