Spread before costs (cost unknown: a leg has no order-book sample)−0.122%
7d average+0.055%if it closes, per $10,000$12funding while held, a day−$10.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX VVV/USD [ETH-USDC] | 30.998 | L +0.0439% / S −0.0201% | pay 0.0055% / 1h | 4m 56s | $514K | — | 100x |
| Short | Nado VVV-PERP | 30.960 | 0.0100 | get 0.0012% / 1h | 4m 56s | $115K | $764K | 3x |
GMX VVV/USD [ETH-USDC]
Nado VVV-PERPPrice 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
- −$12.21
- Funding while held
- −$10.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$41.37
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Nado: live order book, 35 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0339%
- Per $10,000 a day
- −$10.16
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 35 min ago | 8.63 bp | 14.0 bp −$14 | 36.5 bp −$365 | doesn't fit | doesn't fit |
GMX: 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.RISEx30.916cheapestPacifica30.926+0.035%Paradex30.928+0.041%Kalshi30.941+0.082%Gate30.947+0.102%Bybit30.958+0.136%
RISEx
Pacifica
Paradex
Gate
BybitNado30.960+0.145%
BloFin30.961+0.147%Aster30.962+0.151%KuCoin30.965+0.160%Variational Omni30.967+0.167%Binance30.968+0.170%Aevo30.968+0.170%Extended30.970+0.176%BingX30.976+0.195%OKX30.977+0.199%MEXC30.977+0.199%Bitget30.977+0.199%Derive30.980+0.209%Polymarket Perps30.985+0.225%Hyperliquid30.986+0.228%Phemex30.987+0.231%gTrade (Gains Network)30.989+0.237%Deribit30.994+0.254%
BloFin
Aster
KuCoin
Variational Omni
Binance
Aevo
Extended
BingX
OKX
MEXC
Bitget
Derive
Polymarket Perps
Hyperliquid
Phemex
gTrade (Gains Network)
DeribitGMX30.998+0.268%
Lighter RH30.999+0.270%Backpack31.005+0.288%01 Exchange31.006+0.292%edgeX31.011+0.308%Lighter31.014+0.317%Phoenix31.071+0.503%Coinbase International31.294+1.225%
Lighter RH
Backpack
Lighter
Phoenix
Coinbase InternationalInjective32.820+6.160%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.267% | +0.0082% | 1h | $380K | $570K | 5x | as long as short |
| Pacifica VVV | −0.232% | +0.0100% | 1h | $170K | $159K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.226% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Kalshi KXVVVPERP | −0.185% | 0.0000% | 8h | $125K | $6.8M | 1.7x | as long as short |
| Gate VVV_USDT | −0.166% | +0.0100% | 4h | $10.5M | $7.5M | 25x | as long as short |
| Bybit VVVUSDT | −0.131% | +0.0100% | 4h | $38.9M | $49.4M | 20x | as long as short |
| Nado VVV-PERPshort | −0.122% | +0.0100% | 1h | $115K | $764K | 3x | |
| BloFin VVV-USDT | −0.120% | +0.0088% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Aster VVVUSDT | −0.117% | +0.0100% | 4h | $285K | $1.8M | 10x | as long as short |
| KuCoin VVVUSDTM | −0.108% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.101% | +0.0100% | 4h | $2.0M | $184K | — | as long as short |
| Binance VVVUSDT | −0.098% | +0.0100% | 4h | $33.7M | $148.8M | 25x | as long as short |
| Aevo VVV-PERP | −0.097% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Extended VVV-USD | −0.092% | +0.0104% | 1h | $299K | $1.6M | 5x | as long as short |
| BingX VVV-USDT | −0.072% | +0.0070% | 4h | — | $4.9M | — | as long as short |
| OKX VVV-USDT-SWAP | −0.069% | +0.0100% | 4h | $4.9M | $38.9M | 20x | as long as short |
| MEXC VVV_USDT | −0.069% | +0.0100% | 4h | $15.7M | $6.5M | 50x | as long as short |
| Bitget VVVUSDT | −0.069% | +0.0100% | 4h | $5.7M | $8.2M | 20x | as long as short |
| Derive VVV-PERP | −0.059% | +0.0100% | 1h | $414 | $343 | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.043% | +0.0100% | 1h | $129K | $867K | 3x | as long as short |
| Hyperliquid VVV | −0.040% | +0.0320% | 1h | $70.9M | $50.8M | 3x | as long as short |
| Phemex VVVUSDT | −0.037% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.031% | L +0.0004% / S −0.0004% | 1h | $9K | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.014% | +0.0018% | 1h | $89K | $22K | 10x | as long as short |
| GMX VVV/USD [ETH-USDC]long | 0.000% | L +0.0439% / S −0.0201% | 1h | $514K | — | 100x | |
| Lighter RH VVV | +0.002% | +0.0096% | 1h | $458K | $1.5M | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.020% | +0.0691% | 1h | $140K | $363K | 5x | as long as short |
| 01 Exchange VVVUSD | +0.025% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| edgeX VVVUSDC | +0.040% | +0.0118% | 4h | $77K | $327K | 10x | as long as short |
| Lighter VVV | +0.050% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Phoenix VVV | +0.234% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.955% | +0.0176% | 1h | $209K | $1.0M | 25x | as long as short |
| Injective VVV/USDC PERP | +5.877% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |