VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.054%

Price spread now: Injective against Derive+2.834%61s7-day average — · you sell dearer than you buy

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

Long on Derive 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 2.834% dearer against Derive than usual: you sell high and buy low (spread +2.834% now, against zero (this spread has no 7-day history yet)): +$283 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 61 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	Derive VVV-PERP	31.915	0.0100	pay 0.0013% / 1h	17m 45s	$3K	$2K	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	17m 45s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Derive. 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 DerivebpFee InjectivebpOrdersPrice spread, now +2.834%Rate

Funding earned: −$14
Price spread: +2.834% → 0.000%: $283.41
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $263.39
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Derive: 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 Derive no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Derive 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
Polymarket Perps VVV-USD	−0.0264%	1h	31.879	−0.114%	$146K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0098%	1h	31.913	−0.008%	$90K	$23K	10x	as long as short
Gate VVV_USDT	−0.0044%	4h	31.894	−0.067%	$10.7M	$7.4M	25x	as long as short
01 Exchange VVVUSD	−0.0024%	1h	31.914	−0.005%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.896	−0.062%	$392K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.919	+0.011%	$110K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.973	+0.180%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.938	+0.071%	$19K	—	150x	as long as short
Bybit VVVUSDT	+0.0005%	4h	31.878	−0.117%	$39.1M	$51.5M	20x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.834%	$2K	$1K	5.5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.884	−0.097%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.901	−0.045%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.888	−0.086%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.909	−0.020%	$74.1M	$55.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.913	−0.008%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.932	+0.052%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.900	−0.050%	$33.5M	$154.2M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.898	−0.055%	$4.7M	$41.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.906	−0.030%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.944	+0.089%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.885	−0.096%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.912	−0.011%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.945	+0.092%	$123K	$333K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.026	+0.347%	$2.1M	$190K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.915	long leg	$3K	$2K	5x
Phemex VVVUSDT	+0.0100%	4h	31.932	+0.052%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.885	−0.096%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.878	−0.117%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.929	+0.043%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0107%	4h	31.925	+0.030%	$1.3M	$1.8M	25x	as long as short
edgeX VVVUSDC	+0.0114%	4h	32.008	+0.290%	$80K	$334K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	31.919	+0.012%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.090	+0.548%	$247K	$1.3M	25x	as long as short