Spread before costs (cost unknown: a leg has no order-book sample)−0.010%
7d average+0.103%if it closes, per $10,000$1funding while held, a day+$3.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kalshi KXVVVPERP | 30.557 | 0 | get 0.0000% / 8h | 2h 45m | $143K | $6.6M | 1.7x |
| Short | Phemex VVVUSDT | 30.554 | 0.0100 | get 0.0050% / 4h | 2h 45m | $2.1M | $2.0M | 50x |
Phemex VVVUSDTPrice 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
- −$0.98
- Funding while held
- $3
- Slippage, 4 orders
- no order book: not counted
- Fee Kalshi: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$19.98
- Spread needed to break even
- 0.220%
Slippage unknown: Kalshi: live order book, 5 min ago; Phemex: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$3.00
- 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 Kalshi live order book, 5 min ago | 6.87 bp | 16.2 bp −$16 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 1.31 bp | 35.5 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Gate30.518cheapestBybit30.523+0.016%Deribit30.528+0.031%Bitget30.530+0.039%Derive30.531+0.042%RISEx30.533+0.049%GMX30.534+0.053%Polymarket Perps30.537+0.062%gTrade (Gains Network)30.537+0.063%Binance30.539+0.070%Paradex30.539+0.070%Variational Omni30.543+0.081%Extended30.543+0.081%OKX30.544+0.085%KuCoin30.544+0.085%Lighter RH30.545+0.088%01 Exchange30.546+0.092%MEXC30.548+0.098%BloFin30.548+0.098%Nado30.549+0.103%Lighter30.550+0.106%Aster30.552+0.111%Pacifica30.552+0.113%BingX30.554+0.118%
Gate
Bybit
Deribit
Bitget
Derive
RISEx
GMX
Polymarket Perps
gTrade (Gains Network)
Binance
Paradex
Variational Omni
Extended
OKX
KuCoin
Lighter RH
MEXC
BloFin
Nado
Lighter
Aster
Pacifica
BingXPhemex30.554+0.118%
Aevo30.556+0.126%Coinbase International30.561+0.142%Hyperliquid30.563+0.148%Backpack30.570+0.170%Phoenix30.570+0.170%edgeX30.580+0.205%
Aevo
Coinbase International
Hyperliquid
Backpack
PhoenixInjective32.820+7.543%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.128% | +0.0100% | 4h | $10.4M | $7.2M | 25x | as long as short |
| Bybit VVVUSDT | −0.111% | +0.0100% | 4h | $38.6M | $48.9M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.096% | 0.0000% | 1h | $87K | $22K | 10x | as long as short |
| Bitget VVVUSDT | −0.088% | +0.0100% | 4h | $5.6M | $8.0M | 20x | as long as short |
| Derive VVV-PERP | −0.085% | +0.0100% | 1h | $408 | $343 | 5x | as long as short |
| RISEx VVV/USDC | −0.079% | +0.0082% | 1h | $369K | $565K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.075% | L +0.0434% / S −0.0202% | 1h | $507K | — | 100x | as long as short |
| Polymarket Perps VVV-USD | −0.065% | +0.0100% | 1h | $126K | $849K | 3x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.065% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Binance VVVUSDT | −0.058% | +0.0100% | 4h | $33.6M | $147.9M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex VVV-USD-PERP | −0.057% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Variational Omni VVV | −0.047% | +0.0100% | 4h | $2.0M | $209K | — | as long as short |
| Extended VVV-USD | −0.047% | +0.0104% | 1h | $295K | $1.6M | 5x | as long as short |
| OKX VVV-USDT-SWAP | −0.043% | +0.0100% | 4h | $4.9M | $38.3M | 20x | as long as short |
| KuCoin VVVUSDTM | −0.043% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Lighter RH VVV | −0.039% | +0.0096% | 1h | $452K | $1.5M | 5x | as long as short |
| 01 Exchange VVVUSD | −0.036% | +0.0288% | 1h | $11K | $3K | 3x | as long as short |
| MEXC VVV_USDT | −0.029% | +0.0100% | 4h | $15.3M | $6.3M | 50x | as long as short |
| BloFin VVV-USDT | −0.029% | +0.0081% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Nado VVV-PERP | −0.025% | +0.0100% | 1h | $118K | $719K | 3x | as long as short |
| Lighter VVV | −0.022% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Aster VVVUSDT | −0.016% | +0.0100% | 4h | $303K | $1.7M | 10x | as long as short |
| Pacifica VVV | −0.015% | +0.0100% | 1h | $168K | $160K | 10x | as long as short |
| BingX VVV-USDT | −0.010% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Phemex VVVUSDTshort | −0.010% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| Aevo VVV-PERP | −0.002% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Kalshi KXVVVPERPlong | 0.000% | 0.0000% | 8h | $143K | $6.6M | 1.7x | |
| Coinbase International VVV-PERP-INTX | +0.014% | +0.0176% | 1h | $219K | $1.0M | 25x | as long as short |
| Hyperliquid VVV | +0.020% | +0.0209% | 1h | $69.8M | $51.1M | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.043% | +0.0568% | 1h | $125K | $353K | 5x | as long as short |
| Phoenix VVV | +0.043% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| edgeX VVVUSDC | +0.077% | +0.0105% | 4h | $76K | $327K | 10x | as long as short |
| Injective VVV/USDC PERP | +7.406% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |