VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: GMX against Polymarket Perps+0.140%54s7-day average −0.011% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.099%+$10 on $10k

Price spread, last 3 days (all we have)−0.175%−$17 · spread now +0.140%, 7d avg −0.011%

Together, before fees−0.076%−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GMX is 0.151% dearer against Polymarket Perps than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.489	−0.0140	get 0.0017% / 1h	41m 34s	$145K	$1.2M	3x
Short	GMX VVV/USD [ETH-USDC]	31.533	L +0.0177% / S +0.0122%	pay 0.0015% / 1h	41m 34s	$571K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee GMXbpOrdersPrice spread, now +0.140%Rate

Funding earned: $3.67
Price spread: +0.140% → −0.011%: $15.07
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$1.26
Costs to cover: 0.200%
Break-even: 9.4 days

Slippage unknown: Polymarket Perps: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.

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, 2 min ago	0.16 bp	4.2 bp −$4	4.5 bp −$45	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	−0.0215%	4h	31.494	+0.016%	$38.6M	$51.7M	20x	as long as short
Polymarket Perps VVV-USDlong	−0.0140%	1h	31.489	long leg	$145K	$1.2M	3x
RISEx VVV/USDC	−0.0111%	1h	31.492	+0.010%	$387K	$614K	5x	as long as short
Gate VVV_USDT	−0.0110%	4h	31.477	−0.038%	$10.6M	$7.1M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0007%	1h	31.532	+0.138%	$88K	$24K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.556	+0.213%	$119K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.585	+0.305%	$50K	$289K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.544	+0.175%	$20K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.495	+0.019%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.227%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0053%	4h	31.666	+0.562%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.466	−0.074%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.457	−0.102%	$464K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.484	−0.016%	$3K	$81	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.507	+0.057%	$124K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.510	+0.067%	$72.7M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.509	+0.063%	$255K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.500	+0.034%	$188K	$179K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.508	+0.060%	$33.3M	$152.8M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.508	+0.060%	$4.7M	$40.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.501	+0.038%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.470	−0.060%	$1.8M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.467	−0.070%	$5.7M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.500	+0.035%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.641	+0.481%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.534	+0.141%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.566	+0.245%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.485	−0.013%	$299K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.554	+0.206%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.594	+0.332%	$78K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0149%	1h	31.576	+0.278%	$123K	$329K	5x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0177% / S +0.0122%	1h	31.533	+0.140%	$571K	—	100x
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.585	+0.304%	$239K	$1.2M	25x	as long as short