After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.538%7d average−0.005%fees + slippage, in and out−$82spread needed0.821%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado VVV-PERP | 30.952 | 0.0100 | pay 0.0012% / 1h | 55m 43s | $132K | $624K | 3x |
| Short | Phoenix VVV | 31.119 | 0.0232 | get 0.0029% / 1h | 55m 43s | $55K | $284K | 5x |
Nado VVV-PERP
Phoenix VVVPrice 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
- $53.79
- Funding while held
- $3.95
- Slippage, 4 orders
- −$68.14
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$24.4
- Spread needed to break even
- 0.821%
Slippage from Nado: live order book, 54 min ago; Phoenix: live order book, 52 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0132%
- Per $10,000 a day
- +$3.95
- 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 Nado live order book, 54 min ago | 13.68 bp | 23.8 bp −$24 | 82.2 bp −$822 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 52 min ago | 3.11 bp | 19.8 bp −$20 | 57.4 bp −$574 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.RISEx30.833cheapestKalshi30.866+0.108%KuCoin30.877+0.144%Aster30.877+0.144%BloFin30.878+0.147%Coinbase International30.887+0.175%Gate30.887+0.176%Bybit30.889+0.184%Variational Omni30.890+0.187%Bitget30.892+0.193%Lighter RH30.894+0.199%gTrade (Gains Network)30.894+0.200%GMX30.894+0.200%Aevo30.896+0.205%Binance30.897+0.209%Lighter30.898+0.211%OKX30.898+0.212%Pacifica30.899+0.215%BingX30.899+0.215%Deribit30.908+0.244%Paradex30.909+0.249%Hyperliquid30.910+0.251%MEXC30.910+0.251%Extended30.916+0.269%Polymarket Perps30.928+0.309%Backpack30.949+0.377%
RISEx
KuCoin
Aster
BloFin
Coinbase International
Gate
Bybit
Variational Omni
Bitget
Lighter RH
gTrade (Gains Network)
GMX
Aevo
Binance
Lighter
OKX
Pacifica
BingX
Deribit
Paradex
Hyperliquid
MEXC
Extended
Polymarket Perps
BackpackNado30.952+0.389%
Phemex30.963+0.423%Derive30.969+0.443%01 Exchange30.982+0.485%edgeX31.107+0.892%
Phemex
DerivePhoenix31.119+0.929%
Injective32.820+6.446%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.387% | +0.0156% | 1h | $371K | $566K | 5x | as long as short |
| Kalshi KXVVVPERP | −0.279% | 0.0000% | 8h | $136K | $7.1M | 1.7x | as long as short |
| KuCoin VVVUSDTM | −0.244% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Aster VVVUSDT | −0.243% | +0.0100% | 4h | $351K | $1.7M | 10x | as long as short |
| BloFin VVV-USDT | −0.241% | +0.0129% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.213% | +0.0200% | 1h | $211K | $1.3M | 25x | as long as short |
| Gate VVV_USDT | −0.212% | −0.0180% | 4h | $10.5M | $7.3M | 25x | as long as short |
| Bybit VVVUSDT | −0.204% | +0.0100% | 4h | $38.6M | $49.1M | 20x | as long as short |
| Variational Omni VVV | −0.201% | +0.0100% | 4h | $2.1M | $239K | — | as long as short |
| Bitget VVVUSDT | −0.195% | +0.0100% | 4h | $5.7M | $7.9M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH VVV | −0.189% | +0.0096% | 1h | $461K | $1.4M | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.188% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.188% | L +0.0433% / S −0.0197% | 1h | $510K | — | 100x | as long as short |
| Aevo VVV-PERP | −0.183% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Binance VVVUSDT | −0.179% | +0.0100% | 4h | $34.2M | $149.7M | 25x | as long as short |
| Lighter VVV | −0.177% | +0.0096% | 1h | $2.2M | $5.0M | 5x | as long as short |
| OKX VVV-USDT-SWAP | −0.176% | +0.0100% | 4h | $5.0M | $39.0M | 20x | as long as short |
| Pacifica VVV | −0.173% | +0.0100% | 1h | $169K | $168K | 10x | as long as short |
| BingX VVV-USDT | −0.173% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.144% | +0.0054% | 1h | $91K | $19K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.139% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Hyperliquid VVV | −0.137% | +0.0100% | 1h | $71.4M | $54.4M | 3x | as long as short |
| MEXC VVV_USDT | −0.137% | +0.0100% | 4h | $15.1M | $6.5M | 50x | as long as short |
| Extended VVV-USD | −0.119% | +0.0104% | 1h | $298K | $1.6M | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.079% | +0.0016% | 1h | $135K | $858K | 3x | as long as short |
| Backpack VVV_USDC_PERP | −0.012% | +0.0351% | 1h | $125K | $365K | 5x | as long as short |
| Nado VVV-PERPlong | 0.000% | +0.0100% | 1h | $132K | $624K | 3x | |
| Phemex VVVUSDT | +0.034% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Derive VVV-PERP | +0.054% | +0.0100% | 1h | $413 | $343 | 5x | as long as short |
| 01 Exchange VVVUSD | +0.095% | 0.0000% | 1h | $11K | $3K | 3x | as long as short |
| edgeX VVVUSDC | +0.501% | +0.0104% | 4h | $70K | $319K | 10x | as long as short |
| Phoenix VVVshort | +0.538% | +0.0232% | 1h | $55K | $284K | 5x | |
| Injective VVV/USDC PERP | +6.033% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |