Spread before costs (cost unknown: a leg has no order-book sample)+0.104%
7d average—if it closes, per $10,000$10funding while held, a day−$2.66
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps VVV-USD | 30.592 | 0.0100 | pay 0.0013% / 1h | 16m 28s | $129K | $854K | 3x |
| Short | Deribit VVV_USDC-PERPETUAL | 30.624 | 0.0011 | get 0.0001% / 1h | 16m 28s | $88K | $22K | 10x |
Polymarket Perps VVV-USD
Deribit VVV_USDC-PERPETUALPrice 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
- $10.36
- Funding while held
- −$2.66
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$7.3
- Spread needed to break even
- 0.150%
Slippage unknown: Polymarket Perps: live order book, 8 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0089%
- Per $10,000 a day
- −$2.66
- 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 Polymarket Perps live order book, 8 min ago | 0.65 bp | 6.9 bp −$7 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
VVV price on every exchange
against the cheapest. Click to use as the short leg.Phoenix30.459cheapestCoinbase International30.500+0.135%edgeX30.527+0.225%GMX30.587+0.420%RISEx30.588+0.422%Kalshi30.589+0.427%
Phoenix
Coinbase International
GMX
RISExPolymarket Perps30.592+0.437%
Phemex30.592+0.437%OKX30.595+0.447%gTrade (Gains Network)30.595+0.447%01 Exchange30.596+0.450%Binance30.598+0.456%Nado30.598+0.456%Bitget30.598+0.456%Bybit30.599+0.458%Aevo30.600+0.462%Derive30.601+0.465%Hyperliquid30.606+0.484%KuCoin30.607+0.486%Aster30.608+0.489%MEXC30.608+0.489%Gate30.612+0.502%BingX30.614+0.509%BloFin30.617+0.519%
Phemex
OKX
gTrade (Gains Network)
Binance
Nado
Bitget
Bybit
Aevo
Derive
Hyperliquid
KuCoin
Aster
MEXC
Gate
BingX
BloFinDeribit30.624+0.541%
Lighter RH30.627+0.552%Lighter30.627+0.553%Paradex30.639+0.590%Extended30.639+0.591%Pacifica30.641+0.599%Backpack30.649+0.623%Variational Omni30.801+1.121%
Lighter RH
Lighter
Paradex
Extended
Pacifica
Backpack
Variational OmniInjective32.820+7.751%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix VVV | −0.435% | +0.0232% | 1h | $53K | $297K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.301% | +0.0200% | 1h | $219K | $1.2M | 25x | as long as short |
| edgeX VVVUSDC | −0.211% | +0.0110% | 4h | $76K | $327K | 10x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.016% | L +0.0433% / S −0.0201% | 1h | $506K | — | 100x | as long as short |
| RISEx VVV/USDC | −0.015% | +0.0156% | 1h | $368K | $560K | 5x | as long as short |
| Kalshi KXVVVPERP | −0.010% | 0.0000% | 8h | $136K | $6.7M | 1.7x | as long as short |
| Polymarket Perps VVV-USDlong | 0.000% | +0.0100% | 1h | $129K | $854K | 3x | |
| Phemex VVVUSDT | 0.000% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| OKX VVV-USDT-SWAP | +0.010% | +0.0100% | 4h | $4.9M | $38.4M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.011% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange VVVUSD | +0.013% | +0.0200% | 1h | $11K | $3K | 3x | as long as short |
| Binance VVVUSDT | +0.019% | +0.0100% | 4h | $33.6M | $147.5M | 25x | as long as short |
| Nado VVV-PERP | +0.020% | +0.0100% | 1h | $122K | $693K | 3x | as long as short |
| Bitget VVVUSDT | +0.020% | +0.0100% | 4h | $5.6M | $7.9M | 20x | as long as short |
| Bybit VVVUSDT | +0.022% | +0.0100% | 4h | $38.3M | $48.8M | 20x | as long as short |
| Aevo VVV-PERP | +0.026% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Derive VVV-PERP | +0.028% | +0.0100% | 1h | $409 | $343 | 5x | as long as short |
| Hyperliquid VVV | +0.047% | +0.0100% | 1h | $70.1M | $50.9M | 3x | as long as short |
| KuCoin VVVUSDTM | +0.049% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Aster VVVUSDT | +0.052% | +0.0100% | 4h | $327K | $1.7M | 10x | as long as short |
| MEXC VVV_USDT | +0.052% | +0.0100% | 4h | $15.3M | $6.7M | 50x | as long as short |
| Gate VVV_USDT | +0.065% | +0.0100% | 4h | $10.4M | $7.4M | 25x | as long as short |
| BingX VVV-USDT | +0.072% | +0.0094% | 4h | — | $4.9M | — | as long as short |
| BloFin VVV-USDT | +0.082% | +0.0107% | 4h | $1.2M | $1.5M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUALshort | +0.104% | +0.0011% | 1h | $88K | $22K | 10x | |
| Lighter RH VVV | +0.114% | +0.0096% | 1h | $453K | $1.5M | 5x | as long as short |
| Lighter VVV | +0.116% | +0.0096% | 1h | $2.2M | $5.2M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.153% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.154% | +0.0104% | 1h | $295K | $1.6M | 5x | as long as short |
| Pacifica VVV | +0.161% | +0.0100% | 1h | $168K | $161K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.186% | +0.0469% | 1h | $123K | $355K | 5x | as long as short |
| Variational Omni VVV | +0.682% | +0.0100% | 4h | $2.1M | $210K | — | as long as short |
| Injective VVV/USDC PERP | +7.283% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |