Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.051%

Price spread now: BloFin against Injective−5.856%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 BloFin

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

Funding pays, the price is against you. BloFin is 5.856% cheaper against Injective than usual: you would sell low and buy high (spread −5.856% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$586 on $10k: about 6 months of funding at the current rate (+$4 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	59m 15s	$2K	$1K	5.5x
Short	BloFin VVV-USDT	30.898	0.0151	get 0.0076% / 4h	3h 59m	$1.3M	$1.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −5.856%Rate

Funding earned: $24.76
Price spread: −5.856% → 0.000%: −$585.62
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$572.88
Costs to cover: 0.120%
Break-even: 169.0 days

Slippage unknown: Injective: no order-book sample; BloFin: 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 BloFin live order book, 3 min ago	3.06 bp	10.7 bp −$11	28.8 bp −$288	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
RISEx VVV/USDC	−0.0417%	1h	30.900	−5.851%	$381K	$638K	5x	as long as short
Polymarket Perps VVV-USD	−0.0108%	1h	30.889	−5.884%	$129K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.969	−5.640%	$146K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.917	−5.797%	$23K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Gate VVV_USDT	+0.0036%	4h	30.905	−5.835%	$10.4M	$5.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.885	−5.897%	$2.1M	$5.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.896	−5.862%	$452K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.905	−5.835%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.924	−5.775%	$142K	$873K	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	30.909	−5.823%	$70.5M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.949	−5.701%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.901	−5.848%	$182K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.920	−5.788%	$33.1M	$128.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.893	−5.870%	$38.4M	$42.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.914	−5.807%	$4.8M	$32.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.917	−5.798%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.931	−5.756%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.896	−5.862%	$5.7M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.926	−5.771%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.997	−5.556%	$1.9M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.898	−5.855%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.913	−5.810%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.903	−5.841%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.933	−5.750%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	30.986	−5.587%	$77K	$335K	10x	as long as short
Kalshi KXVVVPERP	+0.0139%	8h	30.923	−5.780%	$106K	$5.6M	1.7x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	30.925	−5.774%	$11K	$3K	3x	as long as short
BloFin VVV-USDTshort	+0.0151%	4h	30.898	−5.856%	$1.3M	$1.6M	25x
Backpack VVV_USDC_PERP	+0.0160%	1h	30.908	−5.826%	$122K	$249K	5x	as long as short
Phoenix VVV	+0.0182%	1h	31.038	−5.430%	$32K	$245K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0174%	1h	30.907	−5.829%	$542K	—	100x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0805%	1h	30.936	−5.739%	$86K	$24K	10x	as long as short