After costs, if the gap returns to its 7d average, $10k−$118
spread now−0.054%7d average0.000%fees + slippage, in and out−$112spread needed1.122%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC VVV_USDT | 31.330 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $15.8M | $6.4M | 50x |
| Short | Phemex VVVUSDT | 31.313 | 0.0100 | get 0.0050% / 4h | 1h 55m | $2.1M | $2.0M | 50x |
MEXC VVV_USDT
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
- −$5.43
- Funding while held
- $0
- Slippage, 4 orders
- −$100.17
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$117.59
- Spread needed to break even
- 1.122%
Slippage from MEXC: live order book, 5 min ago; Phemex: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 MEXC live order book, 5 min ago | 1.60 bp | 4.1 bp −$4 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.93 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.121cheapestCoinbase International31.132+0.038%edgeX31.158+0.120%Phoenix31.163+0.136%Pacifica31.222+0.326%Backpack31.242+0.389%Nado31.242+0.390%
Variational Omni
Coinbase International
Phoenix
Pacifica
Backpack
NadoPhemex31.313+0.618%
KuCoin31.315+0.625%Deribit31.318+0.634%Gate31.318+0.635%Derive31.325+0.657%Bitget31.329+0.670%GMX31.329+0.670%
KuCoin
Deribit
Gate
Derive
Bitget
GMXMEXC31.330+0.673%
BingX31.334+0.686%Binance31.335+0.689%gTrade (Gains Network)31.338+0.699%Aevo31.338+0.700%Bybit31.339+0.702%Aster31.340+0.705%BloFin31.342+0.712%OKX31.343+0.715%Extended31.343+0.716%Lighter RH31.346+0.725%Paradex31.352+0.745%Polymarket Perps31.357+0.760%Lighter31.361+0.772%RISEx31.365+0.787%Kalshi31.366+0.789%01 Exchange31.384+0.847%Hyperliquid31.390+0.866%Injective32.820+5.461%
BingX
Binance
gTrade (Gains Network)
Aevo
Bybit
Aster
BloFin
OKX
Extended
Lighter RH
Paradex
Polymarket Perps
Lighter
RISEx
Hyperliquid
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.669% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Coinbase International VVV-PERP-INTX | −0.631% | +0.0200% | 1h | $213K | $1.0M | 25x | as long as short |
| edgeX VVVUSDC | −0.549% | +0.0119% | 4h | $77K | $326K | 10x | as long as short |
| Phoenix VVV | −0.533% | +0.0308% | 1h | $55K | $271K | 5x | as long as short |
| Pacifica VVV | −0.345% | +0.0100% | 1h | $172K | $159K | 10x | as long as short |
| Backpack VVV_USDC_PERP | −0.282% | +0.0547% | 1h | $140K | $372K | 5x | as long as short |
| Nado VVV-PERP | −0.281% | +0.0100% | 1h | $115K | $765K | 3x | as long as short |
| Phemex VVVUSDTshort | −0.054% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| KuCoin VVVUSDTM | −0.048% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.039% | 0.0000% | 1h | $90K | $22K | 10x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.038% | +0.0100% | 4h | $10.6M | $7.4M | 25x | as long as short |
| Derive VVV-PERP | −0.016% | +0.0100% | 1h | $418 | $343 | 5x | as long as short |
| Bitget VVVUSDT | −0.003% | +0.0100% | 4h | $5.8M | $8.1M | 20x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.003% | L +0.0443% / S −0.0203% | 1h | $522K | — | 100x | as long as short |
| MEXC VVV_USDTlong | 0.000% | +0.0100% | 4h | $15.8M | $6.4M | 50x | |
| BingX VVV-USDT | +0.013% | +0.0070% | 4h | — | $4.9M | — | as long as short |
| Binance VVVUSDT | +0.016% | +0.0100% | 4h | $34.1M | $148.5M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.026% | L +0.0004% / S −0.0004% | 1h | $10K | — | 150x | as long as short |
| Aevo VVV-PERP | +0.026% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Bybit VVVUSDT | +0.029% | +0.0100% | 4h | $39.3M | $49.3M | 20x | as long as short |
| Aster VVVUSDT | +0.032% | +0.0100% | 4h | $285K | $1.8M | 10x | as long as short |
| BloFin VVV-USDT | +0.038% | +0.0100% | 4h | $1.4M | $1.6M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.041% | +0.0100% | 4h | $5.0M | $39.3M | 20x | as long as short |
| Extended VVV-USD | +0.042% | +0.0104% | 1h | $302K | $1.6M | 5x | as long as short |
| Lighter RH VVV | +0.051% | +0.0096% | 1h | $465K | $1.5M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.071% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Polymarket Perps VVV-USD | +0.086% | +0.0100% | 1h | $130K | $866K | 3x | as long as short |
| Lighter VVV | +0.099% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| RISEx VVV/USDC | +0.113% | +0.0256% | 1h | $396K | $585K | 5x | as long as short |
| Kalshi KXVVVPERP | +0.115% | 0.0000% | 8h | $127K | $6.7M | 1.7x | as long as short |
| 01 Exchange VVVUSD | +0.172% | +0.0240% | 1h | $11K | $3K | 3x | as long as short |
| Hyperliquid VVV | +0.192% | +0.0313% | 1h | $71.8M | $50.9M | 3x | as long as short |
| Injective VVV/USDC PERP | +4.756% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |