Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.013%
Price spread now: GMX against Nado−0.010%7-day average −0.052% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.085%+$8 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.010%, 7d avg −0.052%
=Together, before fees+0.035%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.042% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado VVV-PERP | 31.680 | 0.0100 | pay 0.0012% / 1h | 36m 43s | $162K | $947K | 3x |
| Short | GMX VVV/USD [ETH-USDC] | 31.677 | L +0.0440% / S −0.0210% | get 0.0026% / 1h | 36m 43s | $509K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $23.16
- Price spread: −0.010% → −0.052%
- $4.24
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $8.4
- Costs to cover
- 0.190%
- Break-even
- 4.5 days
Slippage unknown: Nado: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
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 Nado live order book, 2 min ago | 4.43 bp | 13.4 bp −$13 | 33.4 bp −$334 | 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 on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.0337% | 1h | 31.661 | −0.059% | $388K | $661K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.0047% | 1h | 31.675 | −0.015% | $88K | $22K | 10x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.0040% | 1h | 31.520 | −0.503% | $187K | $1.3M | 25x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.687 | +0.022% | $93K | $5.4M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.681 | +0.005% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +3.598% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.685 | +0.015% | $2.0M | $4.2M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.656 | −0.076% | $466K | $1.6M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.689 | +0.030% | $3K | $73 | 5x | as long as short |
| Nado VVV-PERPlong | +0.0100% | 1h | 31.680 | long leg | $162K | $947K | 3x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid VVV | +0.0100% | 1h | 31.723 | +0.136% | $71.0M | $44.8M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.674 | −0.019% | $251K | $654K | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.684 | +0.013% | $186K | $124K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.670 | −0.030% | $33.9M | $114.5M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.651 | −0.091% | $38.6M | $40.2M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.635 | −0.142% | $4.8M | $28.6M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.667 | −0.041% | $11.7M | $5.2M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.699 | +0.060% | $7.0M | $5.3M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.664 | −0.051% | $1.7M | $2.7M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.683 | +0.009% | $5.8M | $6.6M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.703 | +0.073% | — | $4.7M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.709 | +0.091% | $2.0M | $356K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.668 | −0.038% | $122K | $1.4M | 3x | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.684 | +0.012% | $3K | $3K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.667 | −0.041% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.697 | +0.053% | $302K | $1.7M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.686 | +0.018% | $6K | — | 3x | as long as short |
| BloFin VVV-USDT | +0.0111% | 4h | 31.669 | −0.035% | $1.3M | $1.4M | 25x | as long as short |
| edgeX VVVUSDC | +0.0114% | 4h | 31.709 | +0.093% | $79K | $330K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.0152% | 1h | 31.668 | −0.038% | $11K | $2K | 3x | as long as short |
| Phoenix VVV | +0.0203% | 1h | 31.751 | +0.224% | $33K | $215K | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.0412% | 1h | 31.720 | +0.126% | $159K | $277K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC]short | L +0.0440% / S −0.0210% | 1h | 31.677 | −0.010% | $509K | — | 100x |
GMX VVV/USD [ETH-USDC]
RISEx VVV/USDC
Deribit VVV_USDC-PERPETUAL
Coinbase International VVV-PERP-INTX
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Derive VVV-PERP
Phemex VVVUSDT
Extended VVV-USD
BloFin VVV-USDT
edgeX VVVUSDC
01 Exchange VVVUSD
Phoenix VVV
Backpack VVV_USDC_PERP