VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0161%/8h= +17.7% APRnext payment +$0.20 per $10,000 · paid last 24h −0.033%

Price spread now: GMX against Injective−3.915%57s7-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 GMX

What this pair did over the last

the charts below follow

Funding, last 3 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. GMX is 3.915% cheaper against Injective than usual: you would sell low and buy high (spread −3.915% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$392 on $10k: about 3 months of funding at the current rate (+$5 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

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	32m 24s	$2K	$1K	5.5x
Short	GMX VVV/USD [ETH-USDC]	31.535	L +0.0444% / S −0.0195%	get 0.0024% / 1h	32m 24s	$539K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −3.915%Rate

Funding earned: $33.87
Price spread: −3.915% → 0.000%: −$391.52
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: −$369.67
Costs to cover: 0.120%
Break-even: 83.4 days

Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Injective and GMX: 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
Deribit VVV_USDC-PERPETUAL	−0.0121%	1h	31.506	−4.003%	$90K	$22K	10x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.550	−3.870%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.522	−3.955%	$117K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.535	−3.915%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Polymarket Perps VVV-USD	+0.0041%	1h	31.518	−3.967%	$135K	$1.2M	3x	as long as short
BloFin VVV-USDT	+0.0043%	4h	31.507	−4.001%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.509	−3.995%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.538	−3.905%	$387K	$571K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.541	−3.896%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.532	−3.924%	$467K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.535	−3.915%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.565	−3.824%	$72.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.531	−3.929%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.547	−3.877%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.542	−3.894%	$33.4M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.529	−3.933%	$38.9M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.536	−3.912%	$4.7M	$41.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.532	−3.924%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.549	−3.873%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.516	−3.973%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.528	−3.937%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.542	−3.894%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.438	−4.210%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.508	−3.996%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.477	−4.092%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.545	−3.884%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.493	−4.045%	$78K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.545	−3.885%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.503	−4.013%	$6K	$13K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0202%	1h	31.527	−3.940%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.521	−3.959%	$190K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0444% / S −0.0195%	1h	31.535	−3.915%	$539K	—	100x