Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.045%

Price spread now: Aster against Injective−1.984%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 1.984% cheaper against Injective than usual: you would sell low and buy high (spread −1.984% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$198 on $10k: about 3 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	14m 55s	$2K	$1K	5.5x
Short	Aster VVVUSDT	32.169	0.0100	get 0.0050% / 4h	2h 14m	$277K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −1.984%Rate

Funding earned: $14
Price spread: −1.984% → 0.000%: −$198.41
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$192.43
Costs to cover: 0.080%
Break-even: 103.2 days

Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	2.03 bp	23.1 bp −$23	68.7 bp −$687	doesn't fit	doesn't fit

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	32.160	−2.011%	$121K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.164	−1.998%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.148	−2.046%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Phoenix VVV	+0.0077%	1h	32.025	−2.422%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.140	−2.071%	$396K	$574K	5x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	32.175	−1.965%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.152	−2.036%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.141	−2.069%	$480K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.163	−2.002%	$149K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	32.198	−1.895%	$74.0M	$54.6M	3x	as long as short
Aster VVVUSDTshort	+0.0100%	4h	32.169	−1.984%	$277K	$1.8M	10x
Pacifica VVV	+0.0100%	1h	32.073	−2.277%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.175	−1.965%	$33.9M	$154.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.141	−2.069%	$39.7M	$52.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.157	−2.020%	$4.8M	$42.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.147	−2.051%	$10.9M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.165	−1.996%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.165	−1.996%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.141	−2.069%	$5.8M	$8.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.148	−2.048%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.022	−2.433%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.144	−2.060%	$144K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.144	−2.060%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.128	−2.108%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.067	−2.295%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.014	−2.456%	$80K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.160	−2.011%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.146	−2.052%	$6K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0106%	4h	32.163	−2.002%	$1.3M	$1.7M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	32.142	−2.065%	$561K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.056	−2.327%	$212K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0276%	1h	32.179	−1.953%	$122K	$380K	5x	as long as short