VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.007%

Price spread now: Polymarket Perps against Injective−4.275%51s7-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 Polymarket Perps

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. Polymarket Perps is 4.275% cheaper against Injective than usual: you would sell low and buy high (spread −4.275% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$427 on $10k: about 7 months of funding at the current rate (+$2 a day). The two prices were read 51 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	1m 57s	$2K	$1K	5.5x
Short	Polymarket Perps VVV-USD	31.417	0.0100	get 0.0013% / 1h	1m 57s	$130K	$1.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −4.275%Rate

Funding earned: $14
Price spread: −4.275% → 0.000%: −$427.48
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$421.5
Costs to cover: 0.080%
Break-even: 217.8 days

Slippage unknown: Injective: no order-book sample; Polymarket Perps: 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 Polymarket Perps live order book, 1 min ago	2.86 bp	6.9 bp −$7	7.3 bp −$73	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	−0.0337%	1h	31.409	−4.300%	$392K	$665K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.592	−3.741%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.444	−4.193%	$93K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.372	−4.411%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.415	−4.281%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Gate VVV_USDT	+0.0078%	4h	31.401	−4.324%	$11.7M	$5.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.381	−4.386%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.398	−4.333%	$462K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.437	−4.214%	$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	31.460	−4.142%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.450	−4.174%	$70.2M	$44.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.443	−4.194%	$249K	$549K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.461	−4.141%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.417	−4.276%	$33.5M	$111.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.402	−4.321%	$38.3M	$39.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.413	−4.287%	$4.8M	$27.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.415	−4.281%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.398	−4.333%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.398	−4.333%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.442	−4.199%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.466	−4.125%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USDshort	+0.0100%	1h	31.417	−4.275%	$130K	$1.3M	3x
Derive VVV-PERP	+0.0100%	1h	31.511	−3.989%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.417	−4.275%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.369	−4.421%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.403	−4.317%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0106%	4h	31.523	−3.951%	$78K	$330K	10x	as long as short
BloFin VVV-USDT	+0.0156%	4h	31.454	−4.162%	$1.2M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0184%	1h	31.442	−4.199%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.547	−3.879%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0215%	1h	31.410	−4.295%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0513%	1h	31.437	−4.213%	$160K	$270K	5x	as long as short