Spread before costs (cost unknown: a leg has no order-book sample)−0.134%
7d average+0.064%if it closes, per $10,000$13funding while held, a day+$12.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni VVV | 30.543 | 0.0100 | pay 0.0050% / 4h | 2h 41m | $2.0M | $209K | — |
| Short | Backpack VVV_USDC_PERP | 30.502 | 0.0519 | get 0.0065% / 1h | 41m 18s | $125K | $352K | 5x |
Variational Omni VVV
Backpack VVV_USDC_PERPPrice 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
- −$13.38
- Funding while held
- $12.58
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$10.8
- Spread needed to break even
- 0.100%
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Backpack: live order book, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0419%
- Per $10,000 a day
- +$12.58
- 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 Variational Omni RFQ quote, 4 min ago | 2.88 bp | doesn't fit | 90.6 bp −$906 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 64 min ago | 2.43 bp | 15.1 bp −$15 | 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 International30.386cheapest
Coinbase InternationalBackpack30.502+0.381%
Pacifica30.506+0.396%KuCoin30.528+0.467%
Pacifica
KuCoinVariational Omni30.543+0.515%
edgeX30.547+0.529%Aevo30.563+0.584%Aster30.566+0.594%Phoenix30.572+0.612%Gate30.576+0.625%GMX30.584+0.651%Paradex30.584+0.652%gTrade (Gains Network)30.596+0.690%Phemex30.596+0.691%Polymarket Perps30.600+0.704%BingX30.603+0.714%Derive30.604+0.717%Bybit30.610+0.738%MEXC30.615+0.754%RISEx30.616+0.756%Hyperliquid30.620+0.770%Bitget30.620+0.770%Lighter30.622+0.777%Nado30.625+0.787%01 Exchange30.627+0.793%Extended30.628+0.796%Lighter RH30.638+0.829%Binance30.639+0.831%Deribit30.639+0.833%Kalshi30.640+0.836%BloFin30.642+0.842%OKX30.655+0.885%
Aevo
Aster
Phoenix
Gate
GMX
Paradex
gTrade (Gains Network)
Phemex
Polymarket Perps
BingX
Derive
Bybit
MEXC
RISEx
Hyperliquid
Bitget
Lighter
Nado
Extended
Lighter RH
Binance
Deribit
BloFin
OKXInjective32.820+8.010%
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 | −0.513% | +0.0176% | 1h | $216K | $1.0M | 25x | as long as short |
| Backpack VVV_USDC_PERPshort | −0.134% | +0.0519% | 1h | $125K | $352K | 5x | |
| Pacifica VVV | −0.118% | +0.0100% | 1h | $168K | $160K | 10x | as long as short |
| KuCoin VVVUSDTM | −0.048% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Variational Omni VVVlong | 0.000% | +0.0100% | 4h | $2.0M | $209K | — | |
| edgeX VVVUSDC | +0.014% | +0.0102% | 4h | $76K | $328K | 10x | as long as short |
| Aevo VVV-PERP | +0.068% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Aster VVVUSDT | +0.078% | +0.0100% | 4h | $300K | $1.7M | 10x | as long as short |
| Phoenix VVV | +0.096% | +0.0105% | 1h | $53K | $278K | 5x | as long as short |
| Gate VVV_USDT | +0.109% | +0.0100% | 4h | $10.4M | $7.3M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX VVV/USD [ETH-USDC] | +0.135% | L +0.0435% / S −0.0202% | 1h | $508K | — | 100x | as long as short |
| Paradex VVV-USD-PERP | +0.136% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.174% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Phemex VVVUSDT | +0.175% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Polymarket Perps VVV-USD | +0.188% | +0.0100% | 1h | $126K | $849K | 3x | as long as short |
| BingX VVV-USDT | +0.198% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Derive VVV-PERP | +0.200% | +0.0100% | 1h | $409 | $343 | 5x | as long as short |
| Bybit VVVUSDT | +0.222% | +0.0100% | 4h | $38.7M | $48.8M | 20x | as long as short |
| MEXC VVV_USDT | +0.237% | +0.0100% | 4h | $15.3M | $6.4M | 50x | as long as short |
| RISEx VVV/USDC | +0.239% | +0.0082% | 1h | $367K | $565K | 5x | as long as short |
| Hyperliquid VVV | +0.254% | +0.0169% | 1h | $70.0M | $51.1M | 3x | as long as short |
| Bitget VVVUSDT | +0.254% | +0.0100% | 4h | $5.6M | $7.9M | 20x | as long as short |
| Lighter VVV | +0.260% | +0.0096% | 1h | $2.1M | $5.2M | 5x | as long as short |
| Nado VVV-PERP | +0.270% | +0.0100% | 1h | $118K | $719K | 3x | as long as short |
| 01 Exchange VVVUSD | +0.276% | +0.0264% | 1h | $11K | $3K | 3x | as long as short |
| Extended VVV-USD | +0.280% | +0.0104% | 1h | $295K | $1.6M | 5x | as long as short |
| Lighter RH VVV | +0.312% | +0.0096% | 1h | $453K | $1.5M | 5x | as long as short |
| Binance VVVUSDT | +0.314% | +0.0100% | 4h | $33.6M | $147.8M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.316% | +0.0302% | 1h | $88K | $22K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.319% | 0.0000% | 8h | $144K | $6.6M | 1.7x | as long as short |
| BloFin VVV-USDT | +0.326% | +0.0160% | 4h | $1.4M | $1.5M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.368% | +0.0100% | 4h | $4.9M | $38.4M | 20x | as long as short |
| Injective VVV/USDC PERP | +7.457% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |