VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.003%

Price spread now: Deribit against Injective−7.246%63s7-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 Deribit

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 against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 7.246% cheaper against Injective than usual: you would sell low and buy high (−$725 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	24m 19s	$2K	$1K	5.5x
Short	Deribit VVV_USDC-PERPETUAL	30.442	0.0013	get 0.0002% / 1h	24m 19s	$85K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −7.246%Rate

Funding earned: −$4.3
Price spread: −7.246% → 0.000%: −$724.59
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$735.91
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Deribit: 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 Injective no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

Injective and Deribit: 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
RISEx VVV/USDC	−0.0417%	1h	30.377	−7.444%	$373K	$639K	5x	as long as short
Polymarket Perps VVV-USD	−0.0145%	1h	30.376	−7.447%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.294	−7.698%	$145K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	30.398	−7.381%	$18K	—	150x	as long as short
Deribit VVV_USDC-PERPETUALshort	+0.0013%	1h	30.442	−7.246%	$85K	$23K	10x
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0064%	1h	30.393	−7.395%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.384	−7.422%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.369	−7.468%	$443K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.354	−7.515%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	30.405	−7.357%	$140K	$867K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.406	−7.355%	$68.5M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.395	−7.387%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.386	−7.416%	$179K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.413	−7.335%	$32.7M	$126.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.392	−7.398%	$37.8M	$42.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.404	−7.361%	$4.8M	$31.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.389	−7.407%	$10.4M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.408	−7.349%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.379	−7.438%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.425	−7.297%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.408	−7.349%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.303	−7.668%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.401	−7.370%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.416	−7.325%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.360	−7.494%	$75K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.418	−7.320%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.401	−7.371%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0116%	8h	30.315	−7.633%	$101K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0129%	1h	30.352	−7.520%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0147%	4h	30.395	−7.389%	$1.3M	$1.5M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0225%	1h	30.414	−7.331%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0424% / S −0.0174%	1h	30.395	−7.388%	$533K	—	100x	as long as short