VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h −0.101%

Price spread now: Derive against GMX−0.295%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Derive

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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Derive is 0.295% cheaper against GMX than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX VVV/USD [ETH-USDC]	32.475	L +0.0191% / S +0.0095%	pay 0.0024% / 1h	5m 05s	$568K	—	100x
Short	Derive VVV-PERP	32.380	0.0100	get 0.0013% / 1h	5m 05s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against GMX. 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 GMXbpFee DerivebpOrdersPrice spread, now −0.295%Rate

Funding earned: −$19.09
Price spread: −0.295% → 0.000%: −$29.47
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Derive: 3 bp × 2 orders: −$6
Net: −$66.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Derive: 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 GMX no order-book sample	—	—	—	—	—
Sell Derive no order-book sample	—	—	—	—	—

GMX and Derive: 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
Kalshi KXVVVPERP	0.0000%	8h	32.492	+0.052%	$106K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.464	−0.034%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.470	−0.015%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.062%	$2K	$1K	5.5x	as long as short
Phoenix VVV	+0.0077%	1h	32.454	−0.065%	$57K	$292K	5x	as long as short
BloFin VVV-USDT	+0.0077%	4h	32.466	−0.029%	$1.3M	$1.8M	25x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.467	−0.025%	$412K	$577K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.393	−0.252%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.380	−0.293%	$484K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.456	−0.058%	$150K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	32.466	−0.028%	$278K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.466	−0.028%	$193K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.408	−0.209%	$34.3M	$155.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.375	−0.308%	$39.9M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.367	−0.333%	$4.8M	$42.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.398	−0.238%	$11.0M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.408	−0.207%	$17.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.426	−0.152%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.389	−0.266%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.403	−0.223%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.341	−0.413%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.468	−0.022%	$155K	$1.2M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.380	−0.295%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.393	−0.253%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.467	−0.026%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.373	−0.314%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.434	−0.128%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	32.365	−0.341%	$80K	$331K	10x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0191% / S +0.0095%	1h	32.475	long leg	$568K	—	100x
01 Exchange VVVUSD	+0.0192%	1h	32.504	+0.088%	$12K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.490	+0.045%	$200K	$1.1M	25x	as long as short
Hyperliquid VVV	+0.0273%	1h	32.445	−0.093%	$75.1M	$55.1M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0350%	1h	32.429	−0.143%	$124K	$376K	5x	as long as short