Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0394%/8h= −43.2% APRnext payment $0.49 per $10,000 · paid last 24h −0.086%
Price spread now: Injective against GMX+6.273%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 6.273% dearer against GMX than usual: you sell high and buy low (spread +6.273% now, against zero (this spread has no 7-day history yet)): +$627 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 53 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX VVV/USD [ETH-USDC]30.883L +0.0428% / S −0.0174%pay 0.0053% / 1h14m 48s$541K100x
ShortInjective VVV/USDC PERP32.8200.0033get 0.0004% / 1h14m 48s$2K$1K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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

Funding earned
−$82.81
Price spread: +6.273% → 0.000%
$627.34
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$532.52
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
RISEx VVV/USDC−0.0299%1h30.866−0.053%$379K$633K5xas long as short
Polymarket Perps VVV-USD−0.0083%1h30.870−0.041%$129K$1.2M3xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h30.877−0.017%$86K$24K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0002%1h30.887+0.014%$23K150xas long as short
Injective VVV/USDC PERPshort+0.0033%1h32.820+6.273%$2K$1K5.5x
01 Exchange VVVUSD+0.0040%1h30.893+0.034%$11K$3K3xas long as short
Gate VVV_USDT+0.0046%4h30.881−0.005%$10.3M$6.0M25xas long as short
BloFin VVV-USDT+0.0048%4h30.888+0.017%$1.3M$1.6M25xas long as short
Coinbase International VVV-PERP-INTX+0.0064%1h30.870−0.041%$145K$1.2M25xas long as short
Lighter VVV+0.0096%1h30.882−0.001%$2.1M$5.3M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH VVV+0.0096%1h30.897+0.047%$451K$1.6M5xas long as short
Paradex VVV-USD-PERP+0.0100%8h30.866−0.054%$3K$735xas long as short
Nado VVV-PERP+0.0100%1h30.877−0.018%$142K$873K3xas long as short
Hyperliquid VVV+0.0100%1h30.887+0.014%$70.4M$49.1M3xas long as short
Aster VVVUSDT+0.0100%4h30.891+0.028%$247K$1.1M10xas long as short
Pacifica VVV+0.0100%1h30.885+0.007%$182K$133K10xas long as short
Binance VVVUSDT+0.0100%4h30.890+0.025%$33.1M$129.1M25xas long as short
Bybit VVVUSDT+0.0100%4h30.867−0.051%$38.4M$43.1M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h30.885+0.008%$4.8M$32.9M20xas long as short
MEXC VVV_USDT+0.0100%4h30.888+0.017%$6.3M$6.2M50xas long as short
KuCoin VVVUSDTM+0.0100%4h30.875−0.025%$1.9M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h30.872−0.034%$5.7M$7.4M20xas long as short
BingX VVV-USDT+0.0100%4h30.882−0.002%$5.0Mas long as short
Variational Omni VVV+0.0100%4h30.848−0.113%$1.9M$283Kas long as short
Derive VVV-PERP+0.0100%1h30.879−0.011%$3K$3K5xas long as short
Phemex VVVUSDT+0.0100%4h30.882−0.002%$2.0M$2.1M50xas long as short
Extended VVV-USD+0.0104%1h30.876−0.021%$295K$1.9M5xas long as short
Aevo VVV-PERP+0.0104%1h30.888+0.016%$6K3xas long as short
edgeX VVVUSDC+0.0108%4h30.890+0.024%$77K$334K10xas long as short
Backpack VVV_USDC_PERP+0.0127%1h30.903+0.067%$120K$249K5xas long as short
Kalshi KXVVVPERP+0.0146%8h30.884+0.005%$103K$5.7M1.7xas long as short
Phoenix VVV+0.0182%1h30.882−0.002%$32K$253K5xas long as short
GMX VVV/USD [ETH-USDC]longL +0.0428% / S −0.0174%1h30.883long leg$541K100x