Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.034%

Price spread now: edgeX against Injective−6.508%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 edgeX

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

Funding pays, the price is against you. edgeX is 6.508% cheaper against Injective than usual: you would sell low and buy high (spread −6.508% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$651 on $10k: about 9 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	11m 23s	$2K	$1K	5.5x
Short	edgeX VVVUSDC	30.684	0.0110	get 0.0055% / 4h	3h 11m	$76K	$332K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −6.508%Rate

Funding earned: $16.08
Price spread: −6.508% → 0.000%: −$650.76
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$643.7
Costs to cover: 0.090%
Break-even: 287.2 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 42 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 edgeX live order book, 42 min ago	0.81 bp	39.4 bp −$39	doesn't fit	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	30.606	−6.746%	$375K	$645K	5x	as long as short
Polymarket Perps VVV-USD	−0.0108%	1h	30.602	−6.758%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.642	−6.636%	$143K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.673	−6.543%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.647	−6.621%	$21K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0072%	1h	30.620	−6.703%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.626	−6.686%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.631	−6.670%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.629	−6.676%	$3K	$73	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	30.627	−6.680%	$133K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.645	−6.627%	$69.1M	$48.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.663	−6.572%	$244K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.640	−6.642%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.663	−6.573%	$33.0M	$125.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.646	−6.624%	$38.1M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.666	−6.563%	$4.8M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.651	−6.609%	$10.5M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.642	−6.636%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.632	−6.667%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.641	−6.639%	$5.7M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.652	−6.606%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.564	−6.873%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.647	−6.622%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.626	−6.685%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.660	−6.583%	$293K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.662	−6.575%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0110%	4h	30.684	−6.508%	$76K	$332K	10x
Phoenix VVV	+0.0129%	1h	30.651	−6.609%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0151%	4h	30.705	−6.444%	$1.3M	$1.5M	25x	as long as short
Kalshi KXVVVPERP	+0.0265%	8h	30.663	−6.572%	$97K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0302%	1h	30.641	−6.640%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0176%	1h	30.641	−6.638%	$534K	—	100x	as long as short