Spread before costs (cost unknown: a leg has no order-book sample)+0.019%
7d average+0.015%if it closes, per $10,000$2funding while held, a day−$13.03
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX VVV/USD [ETH-USDC] | 32.106 | L +0.0534% / S −0.0286% | pay 0.0067% / 1h | 40m 40s | $531K | — | 100x |
| Short | Polymarket Perps VVV-USD | 32.112 | 0.0100 | get 0.0013% / 1h | 40m 40s | $127K | $766K | 3x |
GMX VVV/USD [ETH-USDC]
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
- $1.94
- Funding while held
- −$13.03
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.09
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 59 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0434%
- Per $10,000 a day
- −$13.03
- 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 Polymarket Perps live order book, 59 min ago | 4.01 bp | 8.0 bp −$8 | 8.4 bp −$84 | 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.Derive32.105cheapest
DeriveGMX32.106+0.003%
Gate32.106+0.004%Variational Omni32.108+0.009%KuCoin32.108+0.010%
Gate
Variational Omni
KuCoinPolymarket Perps32.112+0.023%
gTrade (Gains Network)32.113+0.025%RISEx32.113+0.026%Bybit32.113+0.026%Lighter RH32.114+0.029%Bitget32.115+0.032%Extended32.115+0.033%Deribit32.121+0.050%Aster32.121+0.051%OKX32.128+0.073%Kalshi32.128+0.073%Pacifica32.128+0.073%Backpack32.130+0.077%MEXC32.130+0.079%Paradex32.131+0.081%Binance32.131+0.082%BingX32.131+0.082%Aevo32.131+0.082%BloFin32.132+0.085%Nado32.135+0.096%Lighter32.140+0.110%Hyperliquid32.146+0.129%Phemex32.147+0.132%Coinbase International32.186+0.255%edgeX32.192+0.273%Phoenix32.236+0.409%Injective32.820+2.228%
gTrade (Gains Network)
RISEx
Bybit
Lighter RH
Bitget
Extended
Deribit
Aster
OKX
Pacifica
Backpack
MEXC
Paradex
Binance
BingX
Aevo
BloFin
Nado
Lighter
Hyperliquid
Phemex
Coinbase International
Phoenix
InjectiveVVV on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive VVV-PERP | −0.003% | +0.0100% | 1h | $429 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC]long | 0.000% | L +0.0534% / S −0.0286% | 1h | $531K | — | 100x | |
| Gate VVV_USDT | +0.001% | +0.0100% | 4h | $10.9M | $7.8M | 25x | as long as short |
| Variational Omni VVV | +0.006% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
| KuCoin VVVUSDTM | +0.007% | +0.0100% | 4h | $2.2M | $2.2M | 20x | as long as short |
| Polymarket Perps VVV-USDshort | +0.019% | +0.0100% | 1h | $127K | $766K | 3x | |
| gTrade (Gains Network) VVV/USD | +0.022% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| RISEx VVV/USDC | +0.022% | +0.0358% | 1h | $385K | $574K | 5x | as long as short |
| Bybit VVVUSDT | +0.023% | +0.0100% | 4h | $39.9M | $48.5M | 20x | as long as short |
| Lighter RH VVV | +0.026% | +0.0096% | 1h | $503K | $1.4M | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget VVVUSDT | +0.029% | +0.0100% | 4h | $5.9M | $7.9M | 20x | as long as short |
| Extended VVV-USD | +0.030% | +0.0168% | 1h | $310K | $1.7M | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.046% | 0.0000% | 1h | $99K | $12K | 10x | as long as short |
| Aster VVVUSDT | +0.048% | +0.0100% | 4h | $403K | $1.6M | 10x | as long as short |
| OKX VVV-USDT-SWAP | +0.069% | +0.0100% | 4h | $5.2M | $41.8M | 20x | as long as short |
| Kalshi KXVVVPERP | +0.069% | +0.0220% | 8h | $144K | $7.4M | 1.7x | as long as short |
| Pacifica VVV | +0.070% | +0.0100% | 1h | $174K | $243K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.074% | +0.0441% | 1h | $144K | $363K | 5x | as long as short |
| MEXC VVV_USDT | +0.076% | +0.0164% | 4h | $15.4M | $6.8M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.077% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| Binance VVVUSDT | +0.079% | +0.0159% | 4h | $36.5M | $149.3M | 25x | as long as short |
| BingX VVV-USDT | +0.079% | +0.0182% | 4h | — | $4.7M | — | as long as short |
| Aevo VVV-PERP | +0.079% | +0.0128% | 1h | $6K | $13K | 3x | as long as short |
| BloFin VVV-USDT | +0.082% | +0.0169% | 4h | $1.5M | $1.5M | 25x | as long as short |
| Nado VVV-PERP | +0.093% | +0.0100% | 1h | $151K | $648K | 3x | as long as short |
| Lighter VVV | +0.106% | +0.0224% | 1h | $2.5M | $4.5M | 5x | as long as short |
| Hyperliquid VVV | +0.125% | +0.0213% | 1h | $77.1M | $50.9M | 3x | as long as short |
| Phemex VVVUSDT | +0.128% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.251% | +0.0232% | 1h | $156K | $1.3M | 25x | as long as short |
| edgeX VVVUSDC | +0.270% | +0.0198% | 4h | $76K | $313K | 10x | as long as short |
| Phoenix VVV | +0.406% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
| Injective VVV/USDC PERP | +2.225% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |