Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.020%

Price spread now: Injective against edgeX+5.274%7-day average — · you sell dearer than you buy

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 5.274% dearer against edgeX than usual: you sell high and buy low (spread +5.274% now, against zero (this spread has no 7-day history yet)): +$527 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX VVVUSDC	31.176	0.0117	pay 0.0058% / 4h	1h 54m	$77K	$334K	10x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	54m 53s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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 edgeXbpFee InjectivebpOrdersPrice spread, now +5.274%Rate

Funding earned: −$17.55
Price spread: +5.274% → 0.000%: $527.39
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $500.81
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 8 min ago; 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 edgeX live order book, 8 min ago	0.96 bp	99.0 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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 32 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	−0.0152%	1h	31.106	−0.224%	$382K	$644K	5x	as long as short
Polymarket Perps VVV-USD	−0.0077%	1h	31.125	−0.163%	$134K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0056%	4h	31.089	−0.279%	$10.4M	$6.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.373	+0.632%	$38K	$264K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.108	−0.219%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.116	−0.194%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+5.274%	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.099	−0.245%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.081	−0.304%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.136	−0.127%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.126	−0.158%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.123	−0.169%	$71.7M	$53.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.143	−0.106%	$252K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.151	−0.081%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.112	−0.204%	$33.1M	$146.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.097	−0.253%	$38.2M	$49.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.100	−0.243%	$4.7M	$38.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.118	−0.185%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.111	−0.208%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.085	−0.291%	$5.6M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.098	−0.250%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.270	+0.303%	$2.0M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.112	−0.203%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.155	−0.067%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.109	−0.216%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.127	−0.156%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.128	−0.153%	$11K	$3K	3x	as long as short
edgeX VVVUSDClong	+0.0117%	4h	31.176	long leg	$77K	$334K	10x
Kalshi KXVVVPERP	+0.0128%	8h	31.168	−0.025%	$107K	$6.2M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.121	−0.176%	$154K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.113	−0.202%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0303%	1h	31.119	−0.181%	$120K	$308K	5x	as long as short