Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h −0.042%

Price spread now: Injective against BloFin+7.028%7-day average — · you sell dearer than you buy

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

Long on BloFin 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 7.028% dearer against BloFin than usual: you sell high and buy low (spread +7.028% now, against zero (this spread has no 7-day history yet)): +$703 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about years.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	30.665	0.0043	pay 0.0022% / 4h	3h 09m	$1.3M	$1.5M	25x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	9m 26s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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 BloFinbpFee InjectivebpOrdersPrice spread, now +7.028%Rate

Funding earned: −$2.07
Price spread: +7.028% → 0.000%: $702.76
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $688.66
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.33 bp	11.7 bp −$12	26.7 bp −$267	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
RISEx VVV/USDC	−0.0417%	1h	30.566	−0.323%	$375K	$645K	5x	as long as short
Polymarket Perps VVV-USD	−0.0108%	1h	30.562	−0.336%	$124K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	−0.074%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.571	−0.306%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.573	−0.299%	$21K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+7.028%	$2K	$1K	5.5x
BloFin VVV-USDTlong	+0.0043%	4h	30.665	long leg	$1.3M	$1.5M	25x
01 Exchange VVVUSD	+0.0072%	1h	30.584	−0.264%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.581	−0.273%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.590	−0.245%	$446K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	30.573	−0.299%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.593	−0.236%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.599	−0.215%	$69.0M	$48.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.592	−0.239%	$243K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.595	−0.227%	$181K	$131K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.586	−0.256%	$32.9M	$125.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.569	−0.313%	$38.0M	$42.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.589	−0.248%	$4.8M	$31.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.575	−0.293%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.588	−0.251%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.591	−0.241%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.558	−0.349%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.593	−0.235%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	−0.093%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.568	−0.315%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.583	−0.267%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.587	−0.253%	$293K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.576	−0.291%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	30.684	+0.063%	$76K	$332K	10x	as long as short
Phoenix VVV	+0.0129%	1h	30.602	−0.205%	$32K	$257K	5x	as long as short
Kalshi KXVVVPERP	+0.0281%	8h	30.597	−0.222%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0298%	1h	30.573	−0.299%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.570	−0.311%	$534K	—	100x	as long as short