VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0179%/8h= −19.6% APRnext payment −$0.22 per $10,000 · paid last 24h +0.003%

Price spread now: Injective against Deribit+7.475%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Injective

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

The price spread pays, funding is against you. Injective is 7.475% dearer against Deribit than usual: you sell high and buy low (spread +7.475% now, against zero (this spread has no 7-day history yet)): +$748 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit VVV_USDC-PERPETUAL	30.537	0.0212	pay 0.0026% / 1h	23m 04s	$85K	$23K	10x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	23m 04s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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 DeribitbpFee InjectivebpOrdersPrice spread, now +7.475%Rate

Funding earned: −$37.51
Price spread: +7.475% → 0.000%: $747.55
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $703.02
Costs to cover: 0.070%
Break-even: from the start

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

Deribit and 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	30.414	−0.403%	$373K	$640K	5x	as long as short
Polymarket Perps VVV-USD	−0.0140%	1h	30.476	−0.200%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.294	−0.798%	$145K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	30.520	−0.057%	$18K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+7.475%	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0064%	1h	30.433	−0.341%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.521	−0.052%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.525	−0.040%	$446K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.425	−0.368%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.466	−0.232%	$140K	$867K	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	30.511	−0.086%	$68.7M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.492	−0.150%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.446	−0.299%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.499	−0.125%	$32.8M	$126.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.505	−0.105%	$37.9M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.512	−0.083%	$4.8M	$31.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.502	−0.115%	$10.4M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.507	−0.099%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.478	−0.194%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.498	−0.128%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.508	−0.096%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.303	−0.766%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.528	−0.031%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.501	−0.119%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.360	−0.579%	$75K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.530	−0.024%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.489	−0.158%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0121%	8h	30.492	−0.148%	$102K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0129%	1h	30.352	−0.606%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0159%	4h	30.524	−0.043%	$1.3M	$1.5M	25x	as long as short
Deribit VVV_USDC-PERPETUALlong	+0.0212%	1h	30.537	long leg	$85K	$23K	10x
Backpack VVV_USDC_PERP	+0.0244%	1h	30.546	+0.028%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0174%	1h	30.513	−0.080%	$534K	—	100x	as long as short