Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.006%

Price spread now: Gate against Injective−6.511%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 Gate

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. Gate is 6.511% cheaper against Injective than usual: you would sell low and buy high (spread −6.511% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$651 on $10k: about 11 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	42m 46s	$2K	$1K	5.5x
Short	Gate VVV_USDT	30.683	0.0100	get 0.0050% / 4h	2h 42m	$10.7M	$5.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −6.511%Rate

Funding earned: $14
Price spread: −6.511% → 0.000%: −$651.13
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$652.15
Costs to cover: 0.150%
Break-even: 333.1 days

Slippage unknown: Injective: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago	3.59 bp	21.0 bp −$21	128.4 bp −$1,284	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	−0.0329%	1h	30.636	−6.653%	$380K	$647K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−6.673%	$142K	$1.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.656	−6.593%	$85K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0006%	1h	30.642	−6.638%	$21K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Polymarket Perps VVV-USD	+0.0063%	1h	30.624	−6.691%	$117K	$1.4M	3x	as long as short
01 Exchange VVVUSD	+0.0088%	1h	30.648	−6.618%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.713	−6.420%	$2.0M	$4.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.702	−6.453%	$447K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.715	−6.413%	$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	30.676	−6.531%	$134K	$870K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.707	−6.438%	$69.2M	$48.6M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.678	−6.527%	$244K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.711	−6.425%	$181K	$130K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.714	−6.418%	$33.1M	$122.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.689	−6.493%	$38.0M	$41.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.712	−6.423%	$4.8M	$30.7M	20x	as long as short
Gate VVV_USDTshort	+0.0100%	4h	30.683	−6.511%	$10.7M	$5.6M	25x
MEXC VVV_USDT	+0.0100%	4h	30.700	−6.459%	$6.4M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.658	−6.587%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.675	−6.536%	$5.7M	$7.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.713	−6.420%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.636	−6.656%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.657	−6.590%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.646	−6.624%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	30.677	−6.531%	$76K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.667	−6.560%	$299K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.642	−6.636%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0137%	4h	30.671	−6.548%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	30.683	−6.511%	$32K	$243K	5x	as long as short
Kalshi KXVVVPERP	+0.0229%	8h	30.664	−6.569%	$94K	$5.5M	1.7x	as long as short
Backpack VVV_USDC_PERP	+0.0424%	1h	30.674	−6.539%	$119K	$239K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0176%	1h	30.643	−6.634%	$535K	—	100x	as long as short