Spread before costs (cost unknown: a leg has no order-book sample)−0.106%
7d average+0.033%if it closes, per $10,000$11funding while held, a day+$6.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 30.585 | 0 | get 0.0000% / 8h | 2h 47m | $143K | $6.6M | 1.7x |
| Short | GMX VVV/USD [ETH-USDC] | 30.553 | L +0.0434% / S −0.0202% | get 0.0025% / 1h | 47m 28s | $507K | — | 100x |
GMX VVV/USD [ETH-USDC]Price 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
- −$10.63
- Funding while held
- $6.06
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.57
- Spread needed to break even
- 0.220%
Slippage unknown: Kalshi: live order book, 3 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0202%
- Per $10,000 a day
- +$6.06
- 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 Kalshi live order book, 3 min ago | 6.87 bp | 16.2 bp −$16 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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.Derive30.546cheapestDeribit30.547+0.002%
Derive
DeribitGMX30.553+0.020%
OKX30.556+0.032%Phemex30.556+0.032%Bybit30.557+0.036%BingX30.559+0.042%MEXC30.561+0.048%Bitget30.561+0.048%Coinbase International30.561+0.049%gTrade (Gains Network)30.563+0.054%Polymarket Perps30.563+0.055%Gate30.564+0.058%Aevo30.566+0.063%Phoenix30.570+0.078%Nado30.570+0.079%RISEx30.572+0.084%Hyperliquid30.574+0.091%Aster30.576+0.099%Extended30.577+0.101%Binance30.578+0.105%Lighter30.578+0.105%edgeX30.580+0.112%Lighter RH30.581+0.114%Paradex30.581+0.115%01 Exchange30.582+0.117%Pacifica30.582+0.118%Backpack30.584+0.125%KuCoin30.588+0.137%BloFin30.590+0.143%Variational Omni30.603+0.185%
OKX
Phemex
Bybit
BingX
MEXC
Bitget
Coinbase International
gTrade (Gains Network)
Polymarket Perps
Gate
Aevo
Phoenix
Nado
RISEx
Hyperliquid
Aster
Extended
Binance
Lighter
Lighter RH
Paradex
Pacifica
Backpack
KuCoin
BloFin
Variational OmniInjective32.820+7.443%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive VVV-PERP | −0.127% | +0.0100% | 1h | $408 | $343 | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.125% | 0.0000% | 1h | $87K | $22K | 10x | as long as short |
| GMX VVV/USD [ETH-USDC]short | −0.106% | L +0.0434% / S −0.0202% | 1h | $507K | — | 100x | |
| OKX VVV-USDT-SWAP | −0.095% | +0.0100% | 4h | $4.9M | $38.3M | 20x | as long as short |
| Phemex VVVUSDT | −0.095% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Bybit VVVUSDT | −0.090% | +0.0100% | 4h | $38.6M | $49.0M | 20x | as long as short |
| BingX VVV-USDT | −0.085% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| MEXC VVV_USDT | −0.078% | +0.0100% | 4h | $15.3M | $6.3M | 50x | as long as short |
| Bitget VVVUSDT | −0.078% | +0.0100% | 4h | $5.6M | $8.0M | 20x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.077% | +0.0176% | 1h | $219K | $1.0M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) VVV/USD | −0.073% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Polymarket Perps VVV-USD | −0.072% | +0.0100% | 1h | $125K | $851K | 3x | as long as short |
| Gate VVV_USDT | −0.069% | +0.0100% | 4h | $10.4M | $7.2M | 25x | as long as short |
| Aevo VVV-PERP | −0.064% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Phoenix VVV | −0.049% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| Nado VVV-PERP | −0.047% | +0.0100% | 1h | $118K | $726K | 3x | as long as short |
| RISEx VVV/USDC | −0.043% | +0.0082% | 1h | $370K | $564K | 5x | as long as short |
| Hyperliquid VVV | −0.036% | +0.0232% | 1h | $69.9M | $51.0M | 3x | as long as short |
| Aster VVVUSDT | −0.028% | +0.0100% | 4h | $307K | $1.7M | 10x | as long as short |
| Extended VVV-USD | −0.025% | +0.0104% | 1h | $295K | $1.6M | 5x | as long as short |
| Binance VVVUSDT | −0.022% | +0.0100% | 4h | $33.7M | $148.0M | 25x | as long as short |
| Lighter VVV | −0.022% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| edgeX VVVUSDC | −0.015% | +0.0105% | 4h | $76K | $327K | 10x | as long as short |
| Lighter RH VVV | −0.013% | +0.0096% | 1h | $452K | $1.5M | 5x | as long as short |
| Paradex VVV-USD-PERP | −0.012% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| 01 Exchange VVVUSD | −0.010% | +0.0304% | 1h | $11K | $3K | 3x | as long as short |
| Pacifica VVV | −0.009% | +0.0100% | 1h | $168K | $160K | 10x | as long as short |
| Backpack VVV_USDC_PERP | −0.002% | +0.0611% | 1h | $125K | $355K | 5x | as long as short |
| Kalshi KXVVVPERPlong | 0.000% | 0.0000% | 8h | $143K | $6.6M | 1.7x | |
| KuCoin VVVUSDTM | +0.010% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| BloFin VVV-USDT | +0.016% | +0.0118% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Variational Omni VVV | +0.058% | +0.0100% | 4h | $2.0M | $209K | — | as long as short |
| Injective VVV/USDC PERP | +7.308% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |