After costs, if the gap returns to its 7d average, $10k−$161
spread now+0.038%7d average−0.002%fees + slippage, in and out−$165spread needed1.654%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex VVVUSDT | 31.069 | 0.0100 | pay 0.0050% / 4h | 3h 45m | $2.1M | $2.0M | 50x |
| Short | edgeX VVVUSDC | 31.081 | 0.0101 | get 0.0051% / 4h | 3h 45m | $77K | $327K | 10x |
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
- $3.78
- Funding while held
- $0.04
- Slippage, 4 orders
- −$144.39
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$161.56
- Spread needed to break even
- 1.654%
Slippage from Phemex: live order book, 5 min ago; edgeX: live order book, 64 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0001%
- Per $10,000 a day
- +$0.04
- 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 Phemex live order book, 5 min ago | 1.13 bp | 66.0 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 64 min ago | 1.40 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International31.004cheapestDerive31.009+0.015%Kalshi31.032+0.090%Variational Omni31.040+0.117%RISEx31.043+0.125%OKX31.044+0.129%Gate31.045+0.132%Bitget31.045+0.132%Lighter RH31.054+0.161%BingX31.054+0.161%Polymarket Perps31.054+0.161%Bybit31.056+0.167%Hyperliquid31.061+0.184%Nado31.061+0.185%MEXC31.063+0.190%GMX31.063+0.191%Lighter31.065+0.197%01 Exchange31.066+0.200%KuCoin31.066+0.200%Binance31.067+0.203%Deribit31.067+0.204%gTrade (Gains Network)31.068+0.207%
Coinbase International
Derive
Variational Omni
RISEx
OKX
Gate
Bitget
Lighter RH
BingX
Polymarket Perps
Bybit
Hyperliquid
Nado
MEXC
GMX
Lighter
KuCoin
Binance
Deribit
gTrade (Gains Network)Phemex31.069+0.210%
Extended31.077+0.234%Aevo31.078+0.238%Pacifica31.079+0.241%Phoenix31.079+0.242%BloFin31.083+0.255%Backpack31.087+0.267%Paradex31.098+0.302%Aster31.099+0.307%
Extended
Aevo
Pacifica
Phoenix
BloFin
Backpack
Paradex
AsterInjective32.820+5.857%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International VVV-PERP-INTX | −0.209% | +0.0200% | 1h | $221K | $1.3M | 25x | as long as short |
| Derive VVV-PERP | −0.194% | +0.0100% | 1h | $414 | $343 | 5x | as long as short |
| Kalshi KXVVVPERP | −0.119% | 0.0000% | 8h | $133K | $6.9M | 1.7x | as long as short |
| Variational Omni VVV | −0.092% | +0.0100% | 4h | $2.1M | $239K | — | as long as short |
| RISEx VVV/USDC | −0.085% | +0.0156% | 1h | $374K | $555K | 5x | as long as short |
| OKX VVV-USDT-SWAP | −0.080% | +0.0100% | 4h | $5.1M | $39.4M | 20x | as long as short |
| Gate VVV_USDT | −0.077% | +0.0100% | 4h | $10.5M | $7.3M | 25x | as long as short |
| Bitget VVVUSDT | −0.077% | +0.0100% | 4h | $5.7M | $8.0M | 20x | as long as short |
| Lighter RH VVV | −0.048% | +0.0096% | 1h | $464K | $1.5M | 5x | as long as short |
| BingX VVV-USDT | −0.048% | +0.0100% | 4h | — | $4.9M | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.048% | +0.0100% | 1h | $136K | $878K | 3x | as long as short |
| Bybit VVVUSDT | −0.043% | +0.0100% | 4h | $38.8M | $49.3M | 20x | as long as short |
| Hyperliquid VVV | −0.026% | +0.0100% | 1h | $71.4M | $51.9M | 3x | as long as short |
| Nado VVV-PERP | −0.025% | +0.0100% | 1h | $128K | $639K | 3x | as long as short |
| MEXC VVV_USDT | −0.019% | +0.0100% | 4h | $15.4M | $6.6M | 50x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.019% | L +0.0437% / S −0.0200% | 1h | $514K | — | 100x | as long as short |
| Lighter VVV | −0.013% | +0.0096% | 1h | $2.1M | $5.0M | 5x | as long as short |
| 01 Exchange VVVUSD | −0.010% | +0.0152% | 1h | $11K | $3K | 3x | as long as short |
| KuCoin VVVUSDTM | −0.010% | +0.0100% | 4h | $2.4M | $2.4M | 20x | as long as short |
| Binance VVVUSDT | −0.006% | +0.0100% | 4h | $34.5M | $149.3M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.006% | +0.0095% | 1h | $92K | $19K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.003% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| Phemex VVVUSDTlong | 0.000% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| Extended VVV-USD | +0.025% | +0.0104% | 1h | $300K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.028% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Pacifica VVV | +0.031% | +0.0100% | 1h | $171K | $163K | 10x | as long as short |
| Phoenix VVV | +0.032% | +0.0232% | 1h | $55K | $297K | 5x | as long as short |
| edgeX VVVUSDCshort | +0.038% | +0.0101% | 4h | $77K | $327K | 10x | |
| BloFin VVV-USDT | +0.045% | +0.0076% | 4h | $1.4M | $1.5M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.058% | +0.0669% | 1h | $124K | $366K | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.092% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Aster VVVUSDT | +0.098% | +0.0100% | 4h | $352K | $1.7M | 10x | as long as short |
| Injective VVV/USDC PERP | +5.636% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |