VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.054%

Price spread now: Injective against Derive+2.572%7-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 2.572% dearer against Derive than usual: you sell high and buy low (spread +2.572% now, against zero (this spread has no 7-day history yet)): +$257 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive VVV-PERP	31.997	0.0100	pay 0.0013% / 1h	55m 14s	$2K	$2K	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	55m 14s	$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 +2.572%Rate

Funding earned: −$14
Price spread: +2.572% → 0.000%: $257.18
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: $237.16
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
Polymarket Perps VVV-USD	−0.0159%	1h	31.971	−0.082%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0016%	1h	31.940	−0.178%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.968	−0.091%	$393K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.965	−0.100%	$109K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.005	+0.025%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.572%	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.988	−0.027%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.975	−0.069%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.983	−0.044%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.019	+0.068%	$74.2M	$55.4M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.968	−0.091%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.938	−0.184%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.000	+0.010%	$33.5M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.988	−0.028%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.006	+0.028%	$4.7M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.975	−0.069%	$10.7M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.002	+0.015%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.981	−0.050%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.997	0.000%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.001	+0.012%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.948	−0.154%	$2.1M	$183K	—	as long as short
Derive VVV-PERPlong	+0.0100%	1h	31.997	long leg	$2K	$2K	5x
Phemex VVVUSDT	+0.0100%	4h	31.984	−0.041%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.937	−0.188%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.996	−0.003%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.994	−0.010%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.933	−0.199%	$79K	$333K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0119%	1h	32.031	+0.107%	$124K	$339K	5x	as long as short
BloFin VVV-USDT	+0.0122%	4h	32.022	+0.078%	$1.3M	$1.8M	25x	as long as short
Phoenix VVV	+0.0124%	1h	31.945	−0.163%	$56K	$298K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.993	−0.012%	$579K	—	100x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0250%	1h	32.006	+0.028%	$91K	$23K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.278	+0.877%	$242K	$1.3M	25x	as long as short