After costs, if the gap returns to its 7d average, $10k−$173
spread now−0.364%7d average+0.016%fees + slippage, in and out−$135spread needed1.346%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix VVV | 30.624 | 0.0232 | pay 0.0029% / 1h | 12m 45s | $54K | $297K | 5x |
| Short | edgeX VVVUSDC | 30.512 | 0.0102 | get 0.0051% / 4h | 3h 12m | $76K | $327K | 10x |
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
- −$36.42
- Funding while held
- −$3.9
- Slippage, 4 orders
- −$118.62
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$174.94
- Spread needed to break even
- 1.346%
Slippage from Phoenix: live order book, 30 min ago; edgeX: live order book, 32 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0130%
- Per $10,000 a day
- −$3.90
- 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 Phoenix live order book, 30 min ago | 2.89 bp | 19.7 bp −$20 | 65.5 bp −$655 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 0.80 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange30.359cheapestRISEx30.360+0.004%Paradex30.370+0.038%Polymarket Perps30.384+0.082%Pacifica30.385+0.084%Kalshi30.387+0.092%Nado30.396+0.122%Coinbase International30.400+0.135%gTrade (Gains Network)30.406+0.155%GMX30.410+0.169%Derive30.417+0.190%Aevo30.428+0.227%Lighter30.431+0.237%Lighter RH30.434+0.247%Deribit30.434+0.249%Phemex30.462+0.339%Aster30.468+0.359%BloFin30.474+0.379%KuCoin30.476+0.385%MEXC30.509+0.494%Gate30.530+0.563%Binance30.541+0.601%Backpack30.545+0.613%BingX30.549+0.626%Extended30.553+0.638%Bitget30.579+0.725%Bybit30.583+0.737%OKX30.600+0.794%Hyperliquid30.602+0.800%
RISEx
Paradex
Polymarket Perps
Pacifica
Nado
Coinbase International
gTrade (Gains Network)
GMX
Derive
Aevo
Lighter
Lighter RH
Deribit
Phemex
Aster
BloFin
KuCoin
MEXC
Gate
Binance
Backpack
BingX
Extended
Bitget
Bybit
OKX
HyperliquidPhoenix30.624+0.873%
Variational Omni30.627+0.883%
Variational OmniInjective32.820+8.106%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange VVVUSD | −0.865% | +0.0192% | 1h | $11K | $3K | 3x | as long as short |
| RISEx VVV/USDC | −0.861% | +0.0156% | 1h | $365K | $562K | 5x | as long as short |
| Paradex VVV-USD-PERP | −0.828% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Polymarket Perps VVV-USD | −0.784% | +0.0100% | 1h | $129K | $855K | 3x | as long as short |
| Pacifica VVV | −0.782% | +0.0100% | 1h | $167K | $161K | 10x | as long as short |
| Kalshi KXVVVPERP | −0.774% | 0.0000% | 8h | $135K | $6.7M | 1.7x | as long as short |
| Nado VVV-PERP | −0.745% | +0.0100% | 1h | $122K | $693K | 3x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.731% | +0.0200% | 1h | $218K | $1.2M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.712% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.698% | L +0.0431% / S −0.0201% | 1h | $503K | — | 100x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Derive VVV-PERP | −0.677% | +0.0100% | 1h | $406 | $343 | 5x | as long as short |
| Aevo VVV-PERP | −0.640% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Lighter VVV | −0.631% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Lighter RH VVV | −0.620% | +0.0096% | 1h | $450K | $1.5M | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.619% | 0.0000% | 1h | $87K | $22K | 10x | as long as short |
| Phemex VVVUSDT | −0.529% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Aster VVVUSDT | −0.510% | +0.0100% | 4h | $323K | $1.7M | 10x | as long as short |
| BloFin VVV-USDT | −0.490% | +0.0145% | 4h | $1.4M | $1.5M | 25x | as long as short |
| KuCoin VVVUSDTM | −0.483% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| MEXC VVV_USDT | −0.376% | +0.0100% | 4h | $15.2M | $6.7M | 50x | as long as short |
| edgeX VVVUSDCshort | −0.364% | +0.0102% | 4h | $76K | $327K | 10x | |
| Gate VVV_USDT | −0.307% | +0.0100% | 4h | $10.4M | $7.4M | 25x | as long as short |
| Binance VVVUSDT | −0.270% | +0.0100% | 4h | $33.5M | $147.9M | 25x | as long as short |
| Backpack VVV_USDC_PERP | −0.258% | +0.0470% | 1h | $123K | $354K | 5x | as long as short |
| BingX VVV-USDT | −0.245% | +0.0070% | 4h | — | $4.9M | — | as long as short |
| Extended VVV-USD | −0.233% | +0.0104% | 1h | $294K | $1.6M | 5x | as long as short |
| Bitget VVVUSDT | −0.147% | +0.0100% | 4h | $5.6M | $8.0M | 20x | as long as short |
| Bybit VVVUSDT | −0.135% | +0.0100% | 4h | $38.3M | $48.9M | 20x | as long as short |
| OKX VVV-USDT-SWAP | −0.078% | +0.0100% | 4h | $4.9M | $38.4M | 20x | as long as short |
| Hyperliquid VVV | −0.072% | +0.0100% | 1h | $70.1M | $50.9M | 3x | as long as short |
| Phoenix VVVlong | 0.000% | +0.0232% | 1h | $54K | $297K | 5x | |
| Variational Omni VVV | +0.010% | +0.0100% | 4h | $2.0M | $210K | — | as long as short |
| Injective VVV/USDC PERP | +7.171% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |