After costs, if the gap returns to its 7d average, $10k−$91
spread now−0.271%7d average+0.004%fees + slippage, in and out−$64spread needed0.639%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix VVV | 31.726 | 0.0308 | pay 0.0038% / 1h | 22m 32s | $55K | $277K | 5x |
| Short | Nado VVV-PERP | 31.640 | 0.0100 | get 0.0012% / 1h | 22m 32s | $148K | $785K | 3x |
Price 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
- −$27.11
- Funding while held
- −$6.23
- Slippage, 4 orders
- −$49.9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$97.24
- Spread needed to break even
- 0.639%
Slippage from Phoenix: live order book, 10 min ago; Nado: live order book, 12 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0208%
- Per $10,000 a day
- −$6.23
- 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, 10 min ago | 3.14 bp | 19.7 bp −$20 | 65.3 bp −$653 | doesn't fit | doesn't fit |
| Sell Nado live order book, 12 min ago | 8.00 bp | 11.8 bp −$12 | 36.4 bp −$364 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.VVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX VVV/USD [ETH-USDC] | −0.290% | L +0.0444% / S −0.0202% | 1h | $525K | — | 100x | as long as short |
| Nado VVV-PERPshort | −0.271% | +0.0100% | 1h | $148K | $785K | 3x | |
| Derive VVV-PERP | −0.267% | +0.0100% | 1h | $422 | $343 | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.243% | 0.0000% | 1h | $91K | $22K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.242% | L +0.0004% / S −0.0004% | 1h | $445 | — | 150x | as long as short |
| BloFin VVV-USDT | −0.236% | +0.0131% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Aevo VVV-PERP | −0.219% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| KuCoin VVVUSDTM | −0.173% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.164% | +0.0200% | 1h | $221K | $1.1M | 25x | as long as short |
| Kalshi KXVVVPERP | −0.154% | 0.0000% | 8h | $129K | $6.8M | 1.7x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.129% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| Bybit VVVUSDT | −0.126% | +0.0100% | 4h | $39.6M | $50.5M | 20x | as long as short |
| Binance VVVUSDT | −0.119% | +0.0100% | 4h | $33.9M | $150.9M | 25x | as long as short |
| Phemex VVVUSDT | −0.098% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Extended VVV-USD | −0.088% | +0.0104% | 1h | $305K | $1.6M | 5x | as long as short |
| Aster VVVUSDT | −0.084% | +0.0100% | 4h | $277K | $1.8M | 10x | as long as short |
| Pacifica VVV | −0.081% | +0.0100% | 1h | $182K | $168K | 10x | as long as short |
| RISEx VVV/USDC | −0.080% | +0.0256% | 1h | $388K | $591K | 5x | as long as short |
| Lighter VVV | −0.078% | +0.0096% | 1h | $2.2M | $5.4M | 5x | as long as short |
| BingX VVV-USDT | −0.076% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| edgeX VVVUSDC | −0.074% | +0.0107% | 4h | $79K | $327K | 10x | as long as short |
| Backpack VVV_USDC_PERP | −0.062% | +0.0636% | 1h | $142K | $378K | 5x | as long as short |
| Paradex VVV-USD-PERP | −0.042% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| 01 Exchange VVVUSD | −0.009% | +0.0432% | 1h | $11K | $3K | 3x | as long as short |
| Lighter RH VVV | −0.003% | +0.0096% | 1h | $478K | $1.6M | 5x | as long as short |
| Phoenix VVVlong | 0.000% | +0.0308% | 1h | $55K | $277K | 5x | |
| MEXC VVV_USDT | +0.035% | +0.0100% | 4h | $16.4M | $6.7M | 50x | as long as short |
| Bitget VVVUSDT | +0.035% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
| Polymarket Perps VVV-USD | +0.038% | +0.0100% | 1h | $135K | $921K | 3x | as long as short |
| OKX VVV-USDT-SWAP | +0.085% | +0.0100% | 4h | $4.8M | $40.5M | 20x | as long as short |
| Variational Omni VVV | +0.164% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Hyperliquid VVV | +0.177% | +0.0819% | 1h | $73.6M | $52.3M | 3x | as long as short |
| Injective VVV/USDC PERP | +3.448% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |
Phoenix VVV
GMX
Derive
Deribit
gTrade (Gains Network)
BloFin
KuCoin
Coinbase International
Gate
Bybit
Binance
Phemex
Extended
Aster
Pacifica
RISEx
Lighter
BingX
Backpack
Paradex
Lighter RH
MEXC
Bitget
Polymarket Perps
OKX
Variational Omni
Hyperliquid
Injective