Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.049%

Price spread now: Injective against Bitget+0.416%7-day average — · you sell dearer than you buy

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

Long on Bitget 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 0.416% dearer against Bitget than usual: you sell high and buy low (spread +0.416% now, against zero (this spread has no 7-day history yet)): +$42 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget VVVUSDT	32.684	0.0100	pay 0.0050% / 4h	1h 51m	$5.9M	$8.8M	20x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	51m 17s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bitget. 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 BitgetbpFee InjectivebpOrdersPrice spread, now +0.416%Rate

Funding earned: −$14
Price spread: +0.416% → 0.000%: $41.61
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $15.59
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	4.78 bp	21.0 bp −$21	58.4 bp −$584	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
Kalshi KXVVVPERP	0.0000%	8h	32.623	−0.187%	$105K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.688	+0.012%	$93K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.682	−0.005%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+0.416%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0083%	4h	32.690	+0.018%	$1.4M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.698	+0.042%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.682	−0.006%	$489K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.487	−0.603%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.639	−0.136%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.648	−0.111%	$276K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.623	−0.186%	$194K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.693	+0.028%	$34.4M	$155.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.676	−0.024%	$40.2M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.690	+0.018%	$4.8M	$43.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.603	−0.248%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.692	+0.024%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.531	−0.468%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDTlong	+0.0100%	4h	32.684	long leg	$5.9M	$8.8M	20x
BingX VVV-USDT	+0.0100%	4h	32.684	0.000%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.467	−0.665%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.656	−0.086%	$147K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.680	−0.011%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.645	−0.119%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.637	−0.143%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.685	+0.002%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.676	−0.025%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	32.463	−0.676%	$81K	$331K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.667	−0.053%	$201K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.613	−0.216%	$400K	$590K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0134%	1h	32.678	−0.017%	$594K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0409%	1h	32.540	−0.439%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0544%	1h	32.656	−0.086%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0982%	1h	32.696	+0.037%	$76.2M	$55.3M	3x	as long as short