After costs, if the gap returns to its 7d average, $10k−$144
spread now−0.213%7d average+0.053%fees + slippage, in and out−$118spread needed1.175%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX VVV-USDT-SWAP | 30.921 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $4.9M | $38.8M | 20x |
| Short | Phemex VVVUSDT | 30.855 | 0.0100 | get 0.0050% / 4h | 2h 05m | $2.1M | $2.0M | 50x |
OKX VVV-USDT-SWAP
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
- −$21.34
- Funding while held
- $0
- Slippage, 4 orders
- −$95.51
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$138.85
- Spread needed to break even
- 1.175%
Slippage from OKX: live order book, 4 min ago; Phemex: live order book, 4 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 OKX live order book, 4 min ago | 2.25 bp | 13.8 bp −$14 | 73.9 bp −$739 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.09 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Deribit30.844cheapestKalshi30.848+0.014%Derive30.848+0.015%Backpack30.853+0.030%
Deribit
Derive
BackpackPhemex30.855+0.037%
gTrade (Gains Network)30.857+0.042%GMX30.859+0.049%KuCoin30.866+0.073%Gate30.887+0.141%Bitget30.887+0.141%Polymarket Perps30.893+0.160%Aster30.893+0.161%Aevo30.900+0.184%Bybit30.905+0.200%Nado30.909+0.210%MEXC30.910+0.215%Extended30.913+0.224%RISEx30.916+0.233%Binance30.916+0.236%Hyperliquid30.921+0.251%
gTrade (Gains Network)
GMX
KuCoin
Gate
Bitget
Polymarket Perps
Aster
Aevo
Bybit
Nado
MEXC
Extended
RISEx
Binance
HyperliquidOKX30.921+0.251%
Lighter30.922+0.254%Pacifica30.926+0.268%BingX30.927+0.270%Paradex30.928+0.275%01 Exchange30.937+0.303%Lighter RH30.942+0.319%BloFin31.008+0.533%Phoenix31.071+0.737%edgeX31.099+0.828%Variational Omni31.164+1.038%Coinbase International31.294+1.462%
Lighter
Pacifica
BingX
Paradex
Lighter RH
BloFin
Phoenix
Variational Omni
Coinbase InternationalInjective32.820+6.408%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit VVV_USDC-PERPETUAL | −0.250% | 0.0000% | 1h | $88K | $22K | 10x | as long as short |
| Kalshi KXVVVPERP | −0.236% | 0.0000% | 8h | $125K | $6.8M | 1.7x | as long as short |
| Derive VVV-PERP | −0.236% | +0.0100% | 1h | $412 | $343 | 5x | as long as short |
| Backpack VVV_USDC_PERP | −0.220% | +0.0689% | 1h | $140K | $364K | 5x | as long as short |
| Phemex VVVUSDTshort | −0.213% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| gTrade (Gains Network) VVV/USD | −0.208% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.202% | L +0.0438% / S −0.0201% | 1h | $511K | — | 100x | as long as short |
| KuCoin VVVUSDTM | −0.178% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Gate VVV_USDT | −0.110% | +0.0100% | 4h | $10.5M | $7.5M | 25x | as long as short |
| Bitget VVVUSDT | −0.110% | +0.0100% | 4h | $5.7M | $8.2M | 20x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.091% | +0.0100% | 1h | $129K | $876K | 3x | as long as short |
| Aster VVVUSDT | −0.089% | +0.0100% | 4h | $284K | $1.8M | 10x | as long as short |
| Aevo VVV-PERP | −0.067% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Bybit VVVUSDT | −0.050% | +0.0100% | 4h | $38.8M | $49.4M | 20x | as long as short |
| Nado VVV-PERP | −0.040% | +0.0100% | 1h | $117K | $762K | 3x | as long as short |
| MEXC VVV_USDT | −0.036% | +0.0100% | 4h | $15.7M | $6.5M | 50x | as long as short |
| Extended VVV-USD | −0.027% | +0.0104% | 1h | $297K | $1.6M | 5x | as long as short |
| RISEx VVV/USDC | −0.018% | +0.0082% | 1h | $380K | $570K | 5x | as long as short |
| Binance VVVUSDT | −0.015% | +0.0100% | 4h | $33.6M | $148.8M | 25x | as long as short |
| Hyperliquid VVV | 0.000% | +0.0320% | 1h | $70.7M | $50.8M | 3x | as long as short |
| OKX VVV-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $4.9M | $38.8M | 20x | |
| Lighter VVV | +0.003% | +0.0096% | 1h | $2.1M | $5.3M | 5x | as long as short |
| Pacifica VVV | +0.017% | +0.0100% | 1h | $170K | $159K | 10x | as long as short |
| BingX VVV-USDT | +0.019% | +0.0070% | 4h | — | $4.9M | — | as long as short |
| Paradex VVV-USD-PERP | +0.024% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| 01 Exchange VVVUSD | +0.052% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| Lighter RH VVV | +0.068% | +0.0096% | 1h | $458K | $1.5M | 5x | as long as short |
| BloFin VVV-USDT | +0.281% | +0.0157% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Phoenix VVV | +0.485% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| edgeX VVVUSDC | +0.576% | +0.0108% | 4h | $77K | $327K | 10x | as long as short |
| Variational Omni VVV | +0.785% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Coinbase International VVV-PERP-INTX | +1.208% | +0.0176% | 1h | $209K | $1.0M | 25x | as long as short |
| Injective VVV/USDC PERP | +6.141% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |