VVV

Alert

Spread before costs (cost unknown: a leg has no order-book sample)−5.722%

7d average—if it closes, per $10,000$572funding while held, a day+$2.00

Long on Injective Short on Variational Omni

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	23m 49s	$2K	$1K	5.5x
Short	Variational Omni VVV	30.942	0.0100	get 0.0050% / 4h	3h 23m	$2.1M	$210K	—

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee Variational OmnibpOrdersClose when spread is

Spread captured: −$572.22
Funding while held: $2
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$570.24
Spread needed to break even: 0.000%

Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 2 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0067%
Per $10,000 a day: +$2.00
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 Injective no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	3.69 bp	doesn't fit	54.3 bp −$543	doesn't fit	doesn't fit

Injective: 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.

Gate30.836cheapest

Nado30.840+0.013%

Bitget30.844+0.026%

Polymarket Perps30.847+0.036%

Bybit30.850+0.046%

RISEx30.856+0.064%

BingX30.856+0.065%

01 Exchange30.859+0.075%

Lighter30.864+0.091%

GMX30.866+0.096%

Lighter RH30.868+0.104%

Kalshi30.868+0.104%

Paradex30.869+0.106%

gTrade (Gains Network)30.870+0.109%

Hyperliquid30.870+0.110%

MEXC30.870+0.110%

Extended30.871+0.115%

Derive30.872+0.116%

OKX30.872+0.117%

Pacifica30.873+0.120%

Binance30.876+0.131%

Aevo30.880+0.143%

Aster30.882+0.150%

Deribit30.884+0.155%

KuCoin30.887+0.165%

BloFin30.898+0.201%

Backpack30.910+0.240%

Phemex30.916+0.259%

Coinbase International30.940+0.337%

Variational Omni30.942+0.344%

Phoenix30.961+0.405%

edgeX30.998+0.525%

Injective32.820+6.434%

VVV on 33 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Gate VVV_USDT	−6.045%	+0.0100%	4h	$10.5M	$7.4M	25x	as long as short
Nado VVV-PERP	−6.033%	+0.0100%	1h	$122K	$668K	3x	as long as short
Bitget VVVUSDT	−6.021%	+0.0100%	4h	$5.7M	$7.9M	20x	as long as short
Polymarket Perps VVV-USD	−6.012%	+0.0100%	1h	$131K	$853K	3x	as long as short
Bybit VVVUSDT	−6.002%	+0.0100%	4h	$38.5M	$48.4M	20x	as long as short
RISEx VVV/USDC	−5.985%	+0.0156%	1h	$371K	$552K	5x	as long as short
BingX VVV-USDT	−5.984%	+0.0070%	4h	—	$4.9M	—	as long as short
01 Exchange VVVUSD	−5.975%	+0.0208%	1h	$11K	$3K	3x	as long as short
Lighter VVV	−5.959%	+0.0096%	1h	$2.2M	$5.2M	5x	as long as short
GMX VVV/USD [ETH-USDC]	−5.955%	L +0.0434% / S −0.0200%	1h	$510K	—	100x	as long as short

Show all 33 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter RH VVV	−5.948%	+0.0096%	1h	$463K	$1.5M	5x	as long as short
Kalshi KXVVVPERP	−5.948%	0.0000%	8h	$134K	$6.7M	1.7x	as long as short
Paradex VVV-USD-PERP	−5.946%	+0.0100%	8h	$3K	$106	5x	as long as short
gTrade (Gains Network) VVV/USD	−5.942%	L +0.0004% / S −0.0004%	1h	$18K	—	150x	as long as short
Hyperliquid VVV	−5.941%	+0.0100%	1h	$70.9M	$50.1M	3x	as long as short
MEXC VVV_USDT	−5.941%	+0.0100%	4h	$15.5M	$6.7M	50x	as long as short
Extended VVV-USD	−5.937%	+0.0104%	1h	$298K	$1.6M	5x	as long as short
Derive VVV-PERP	−5.936%	+0.0100%	1h	$412	$343	5x	as long as short
OKX VVV-USDT-SWAP	−5.935%	+0.0100%	4h	$5.0M	$38.7M	20x	as long as short
Pacifica VVV	−5.932%	+0.0100%	1h	$170K	$161K	10x	as long as short
Binance VVVUSDT	−5.922%	+0.0100%	4h	$34.0M	$147.2M	25x	as long as short
Aevo VVV-PERP	−5.911%	+0.0104%	1h	$6K	$13K	3x	as long as short
Aster VVVUSDT	−5.905%	+0.0100%	4h	$335K	$1.7M	10x	as long as short
Deribit VVV_USDC-PERPETUAL	−5.899%	0.0000%	1h	$88K	$22K	10x	as long as short
KuCoin VVVUSDTM	−5.890%	+0.0100%	4h	$2.4M	$2.4M	20x	as long as short
BloFin VVV-USDT	−5.856%	+0.0156%	4h	$1.4M	$1.5M	25x	as long as short
Backpack VVV_USDC_PERP	−5.819%	+0.0510%	1h	$123K	$360K	5x	as long as short
Phemex VVVUSDT	−5.801%	+0.0100%	4h	$2.1M	$2.0M	50x	as long as short
Coinbase International VVV-PERP-INTX	−5.728%	+0.0200%	1h	$222K	$1.2M	25x	as long as short
Variational Omni VVVshort	−5.722%	+0.0100%	4h	$2.1M	$210K	—
Phoenix VVV	−5.664%	+0.0232%	1h	$54K	$297K	5x	as long as short
edgeX VVVUSDC	−5.551%	+0.0118%	4h	$77K	$325K	10x	as long as short
Injective VVV/USDC PERPlong	0.000%	+0.0033%	1h	$2K	$1K	5.5x