VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.010%

Price spread now: Injective against Derive+4.962%61s7-day average — · you sell dearer than you buy

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

Long on Derive 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 4.962% dearer against Derive than usual: you sell high and buy low (spread +4.962% now, against zero (this spread has no 7-day history yet)): +$496 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8 months. The two prices were read 61 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	Derive VVV-PERP	31.269	0.0100	pay 0.0013% / 1h	55m 36s	$3K	$3K	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	55m 36s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Derive. 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 DerivebpFee InjectivebpOrdersPrice spread, now +4.962%Rate

Funding earned: −$14
Price spread: +4.962% → 0.000%: $496.17
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $476.15
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Derive: 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 Derive no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Derive 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.204	−0.206%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.283	+0.047%	$384K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.270	+0.003%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.278	+0.030%	$22K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.297	+0.091%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+4.962%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0056%	4h	31.235	−0.107%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.276	+0.023%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.300	+0.101%	$459K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.302	+0.106%	$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	31.190	−0.250%	$162K	$897K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.332	+0.203%	$70.5M	$48.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.304	+0.113%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.305	+0.117%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.308	+0.126%	$33.8M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.284	+0.049%	$38.5M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.292	+0.075%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.294	+0.081%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.311	+0.136%	$6.6M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.288	+0.062%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.293	+0.078%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.297	+0.091%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.158	−0.353%	$1.9M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.175	−0.299%	$121K	$1.4M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.269	long leg	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.261	−0.024%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.296	+0.089%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.235	−0.107%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.281	+0.039%	$78K	$331K	10x	as long as short
Kalshi KXVVVPERP	+0.0118%	8h	31.222	−0.149%	$96K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.283	+0.046%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0199%	1h	31.185	−0.268%	$499K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0484%	1h	31.320	+0.166%	$149K	$264K	5x	as long as short