VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0106%/8h= −11.7% APRnext payment −$0.13 per $10,000 · paid last 24h −0.002%

Price spread now: Injective against Deribit+5.694%63s7-day average — · you sell dearer than you buy

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

Long on Deribit 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 5.694% dearer against Deribit than usual: you sell high and buy low (spread +5.694% now, against zero (this spread has no 7-day history yet)): +$569 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6 months. The two prices were read 63 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	Deribit VVV_USDC-PERPETUAL	31.052	0.0140	pay 0.0017% / 1h	2m 14s	$86K	$24K	10x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	2m 14s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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 DeribitbpFee InjectivebpOrdersPrice spread, now +5.694%Rate

Funding earned: −$22.36
Price spread: +5.694% → 0.000%: $569.37
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $539.99
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Deribit and 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	−0.0299%	1h	31.001	−0.163%	$380K	$637K	5x	as long as short
Polymarket Perps VVV-USD	−0.0075%	1h	30.995	−0.184%	$129K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.047	−0.016%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0030%	4h	31.049	−0.010%	$10.4M	$6.0M	25x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+5.694%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0059%	4h	31.006	−0.148%	$1.3M	$1.6M	25x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	31.034	−0.058%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.881	−0.549%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.052	0.000%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.055	+0.010%	$454K	$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	31.010	−0.134%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.029	−0.076%	$143K	$872K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.061	+0.029%	$70.9M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.047	−0.016%	$248K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.036	−0.050%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.059	+0.022%	$33.2M	$128.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.042	−0.031%	$38.6M	$42.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.054	+0.006%	$4.8M	$32.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.054	+0.006%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.029	−0.074%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.038	−0.045%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.065	+0.042%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.780	−0.876%	$1.9M	$283K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.035	−0.054%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.023	−0.093%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0104%	4h	30.794	−0.831%	$77K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.057	+0.017%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.030	−0.070%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0140%	8h	31.048	−0.013%	$106K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALlong	+0.0140%	1h	31.052	long leg	$86K	$24K	10x
Backpack VVV_USDC_PERP	+0.0160%	1h	31.074	+0.071%	$121K	$248K	5x	as long as short
Phoenix VVV	+0.0182%	1h	30.645	−1.311%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	31.038	−0.045%	$543K	—	100x	as long as short