Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0053%/8h= +5.8% APRpaid last 24h +0.049%

Price spread now: Injective against Gate+4.876%69s7-day average — · you sell dearer than you buy

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

Long on Gate 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

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Injective is 4.876% dearer against Gate than usual: you sell high and buy low: +$488 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 69 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	Gate VVV_USDT	31.294	−0.0020	get 0.0010% / 4h	2h 04m	$10.5M	$7.1M	25x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	4m 08s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Gate. 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 GatebpFee InjectivebpOrdersPrice spread, now +4.876%Rate

Funding earned: $11.2
Price spread: +4.876% → 0.000%: $487.63
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $483.81
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 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 Gate live order book, 4 min ago	6.88 bp	26.2 bp −$26	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	−0.0111%	1h	31.272	−0.070%	$384K	$640K	5x	as long as short
Polymarket Perps VVV-USD	−0.0024%	1h	31.282	−0.038%	$134K	$1.2M	3x	as long as short
Gate VVV_USDTlong	−0.0020%	4h	31.294	long leg	$10.5M	$7.1M	25x
Phoenix VVV	0.0000%	1h	31.370	+0.243%	$42K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.277	−0.054%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.295	+0.002%	$20K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+4.876%	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.287	−0.024%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.284	−0.032%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.284	−0.032%	$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	31.298	+0.014%	$130K	$845K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.323	+0.093%	$72.3M	$53.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.312	+0.059%	$253K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.310	+0.051%	$187K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.298	+0.012%	$33.3M	$147.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.290	−0.012%	$38.4M	$49.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.297	+0.010%	$4.7M	$39.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.303	+0.029%	$6.3M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.302	+0.026%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.283	−0.035%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.301	+0.022%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.307	+0.042%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.275	−0.061%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.314	+0.064%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.291	−0.010%	$296K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.291	−0.008%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.331	+0.119%	$78K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.290	−0.013%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	+0.0113%	8h	31.314	+0.064%	$112K	$6.3M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0124%	1h	31.279	−0.047%	$564K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.333	+0.126%	$155K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0279%	1h	31.325	+0.099%	$121K	$311K	5x	as long as short