Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.071%

Price spread now: Injective against Gate+2.090%7-day average — · you sell dearer than you buy

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

Long on Gate 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 2.090% dearer against Gate than usual: you sell high and buy low (spread +2.090% now, against zero (this spread has no 7-day history yet)): +$209 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	32.148	0.0100	pay 0.0050% / 4h	33m 06s	$10.8M	$7.5M	25x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	33m 06s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now +2.090%Rate

Funding earned: −$14
Price spread: +2.090% → 0.000%: $209.03
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $180.01
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, just now; 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 Gate live order book, just now	5.59 bp	28.3 bp −$28	753.2 bp −$7,532	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	32.176	+0.087%	$112K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.202	+0.166%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.216	+0.210%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.090%	$2K	$1K	5.5x
RISEx VVV/USDC	+0.0040%	1h	32.216	+0.212%	$396K	$604K	5x	as long as short
Polymarket Perps VVV-USD	+0.0054%	1h	32.190	+0.131%	$147K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	32.204	+0.174%	$12K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0088%	4h	32.172	+0.075%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.204	+0.174%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.191	+0.134%	$478K	$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
Nado VVV-PERP	+0.0100%	1h	32.226	+0.244%	$127K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.197	+0.152%	$74.6M	$55.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.186	+0.118%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.229	+0.252%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.184	+0.113%	$33.7M	$156.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.163	+0.045%	$39.5M	$52.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.159	+0.034%	$4.7M	$42.6M	20x	as long as short
Gate VVV_USDTlong	+0.0100%	4h	32.148	long leg	$10.8M	$7.5M	25x
MEXC VVV_USDT	+0.0100%	4h	32.184	+0.112%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.209	+0.190%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.170	+0.068%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.163	+0.047%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.201	+0.164%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.200	+0.163%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.208	+0.187%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.228	+0.248%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.202	+0.168%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.201	+0.165%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.226	+0.242%	$80K	$333K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0115%	1h	32.202	+0.167%	$122K	$358K	5x	as long as short
Phoenix VVV	+0.0124%	1h	32.236	+0.274%	$56K	$299K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0181% / S +0.0172%	1h	32.211	+0.195%	$619K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+0.403%	$242K	$1.3M	25x	as long as short