Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.024%

Price spread now: Injective against Binance+2.840%97s7-day average — · you sell dearer than you buy

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

Long on Binance Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 2.840% dearer against Binance than usual: you sell high and buy low (spread +2.840% now, against zero (this spread has no 7-day history yet)): +$284 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 97 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	Binance VVVUSDT	31.914	0.0100	pay 0.0050% / 4h	7m 46s	$33.4M	$156.0M	25x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	7m 46s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Binance. 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 BinancebpFee InjectivebpOrdersPrice spread, now +2.840%Rate

Funding earned: −$14
Price spread: +2.840% → 0.000%: $284.01
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $259.99
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Binance: live order book, 5 min ago; Injective: 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 Binance live order book, 5 min ago	0.16 bp	12.5 bp −$13	38.7 bp −$387	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
Deribit VVV_USDC-PERPETUAL	−0.0239%	1h	31.904	−0.029%	$90K	$23K	10x	as long as short
Polymarket Perps VVV-USD	−0.0028%	1h	31.878	−0.112%	$146K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.902	−0.036%	$107K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.919	+0.017%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.865	−0.152%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.840%	$2K	$1K	5.5x
RISEx VVV/USDC	+0.0040%	1h	31.868	−0.144%	$392K	$602K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.907	−0.021%	$2.2M	$6.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.893	−0.065%	$475K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.875	−0.119%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.917	+0.011%	$74.0M	$55.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.908	−0.017%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.913	−0.003%	$191K	$191K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.914	long leg	$33.4M	$156.0M	25x
Bybit VVVUSDT	+0.0100%	4h	31.901	−0.039%	$39.2M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.890	−0.074%	$4.6M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.902	−0.036%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.899	−0.046%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.918	+0.014%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.912	−0.005%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.896	−0.055%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.830	−0.261%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.914	+0.001%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.910	−0.011%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.881	−0.103%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.894	−0.061%	$298K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.904	−0.029%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0105%	4h	31.900	−0.043%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.777	−0.428%	$79K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.787	−0.397%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0126%	1h	31.920	+0.019%	$124K	$348K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.901	−0.039%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.141%	$242K	$1.3M	25x	as long as short