Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h −0.011%

Price spread now: BloFin against Injective−2.462%7-day average — · you buy dearer than you sell

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

Long on Injective Short on BloFin

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

Funding pays, the price is against you. BloFin is 2.462% cheaper against Injective than usual: you would sell low and buy high (spread −2.462% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$246 on $10k: about 3 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	27m 07s	$2K	$1K	5.5x
Short	BloFin VVV-USDT	32.012	0.0130	get 0.0065% / 4h	3h 27m	$1.3M	$1.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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 InjectivebpFee BloFinbpOrdersPrice spread, now −2.462%Rate

Funding earned: $20.22
Price spread: −2.462% → 0.000%: −$246.19
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$237.99
Costs to cover: 0.120%
Break-even: 89.4 days

Slippage unknown: Injective: no order-book sample; BloFin: live order book, 6 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell BloFin live order book, 6 min ago	0.31 bp	16.0 bp −$16	doesn't fit	doesn't fit	doesn't fit

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	−0.0284%	1h	32.011	−2.465%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0072%	1h	32.043	−2.367%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0053%	1h	32.022	−2.430%	$91K	$23K	10x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.032	−2.400%	$394K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.060	−2.316%	$109K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.028	−2.413%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.033	−2.397%	$19K	—	150x	as long as short
Gate VVV_USDT	+0.0020%	4h	32.006	−2.480%	$10.8M	$7.4M	25x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	32.018	−2.444%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.004	−2.486%	$473K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.014	−2.457%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.055	−2.331%	$74.3M	$55.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.047	−2.354%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.066	−2.296%	$192K	$187K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.027	−2.415%	$33.7M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.015	−2.452%	$39.2M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.018	−2.444%	$4.7M	$41.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.023	−2.428%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.035	−2.392%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.023	−2.428%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.011	−2.465%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.043	−2.367%	$124K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.153	−2.034%	$2.1M	$188K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.034	−2.395%	$3K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.019	−2.441%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.035	−2.392%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0102%	4h	32.009	−2.471%	$80K	$333K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.011	−2.465%	$306K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.041	−2.374%	$6K	—	3x	as long as short
BloFin VVV-USDTshort	+0.0130%	4h	32.012	−2.462%	$1.3M	$1.8M	25x
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.031	−2.404%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.219	−1.830%	$248K	$1.3M	25x	as long as short