Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.020%

Price spread now: Injective against edgeX+0.393%7-day average — · you sell dearer than you buy

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 0.393% dearer against edgeX than usual: you sell high and buy low (spread +0.393% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 18 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VVVUSDC	32.692	0.0107	pay 0.0053% / 4h	1h 42m	$81K	$333K	10x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	42m 21s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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 edgeXbpFee InjectivebpOrdersPrice spread, now +0.393%Rate

Funding earned: −$15.37
Price spread: +0.393% → 0.000%: $39.3
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $14.9
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 41 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 edgeX live order book, 41 min ago	0.94 bp	27.6 bp −$28	doesn't fit	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	32.821	+0.396%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.803	+0.342%	$93K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.811	+0.366%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+0.393%	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	32.800	+0.330%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.782	+0.277%	$491K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.696	+0.014%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.806	+0.352%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.792	+0.308%	$273K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.797	+0.322%	$188K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.808	+0.356%	$34.5M	$156.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.810	+0.362%	$40.4M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.806	+0.350%	$4.8M	$43.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.794	+0.313%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.805	+0.347%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.789	+0.298%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.810	+0.362%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.808	+0.356%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.517	−0.533%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.775	+0.255%	$141K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.794	+0.314%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.703	+0.035%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.802	+0.337%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.805	+0.346%	$324K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.799	+0.329%	$7K	$13K	3x	as long as short
edgeX VVVUSDClong	+0.0107%	4h	32.692	long leg	$81K	$333K	10x
BloFin VVV-USDT	+0.0112%	4h	32.764	+0.222%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.444%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.799	+0.330%	$402K	$594K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.800	+0.333%	$596K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0345%	1h	32.775	+0.256%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0512%	1h	32.857	+0.506%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0785%	1h	32.837	+0.445%	$76.7M	$55.5M	3x	as long as short