VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.010%

Price spread now: Derive against Injective−4.648%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 Derive

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. Derive is 4.648% cheaper against Injective than usual: you would sell low and buy high (spread −4.648% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$465 on $10k: about 8 months of funding at the current rate (+$2 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	55m 07s	$2K	$1K	5.5x
Short	Derive VVV-PERP	31.295	0.0100	get 0.0013% / 1h	55m 07s	$3K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −4.648%Rate

Funding earned: $14
Price spread: −4.648% → 0.000%: −$464.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Derive: 3 bp × 2 orders: −$6
Net: −$456.82
Costs to cover: 0.060%
Break-even: 235.4 days

Slippage unknown: Injective: no order-book sample; Derive: 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 Derive no order-book sample	—	—	—	—	—

Injective and Derive: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.204	−4.924%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.283	−4.682%	$384K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.303	−4.623%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.306	−4.613%	$22K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.297	−4.640%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.281	−4.689%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.290	−4.662%	$459K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.302	−4.626%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.301	−4.627%	$162K	$897K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.326	−4.552%	$70.4M	$48.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.309	−4.604%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.305	−4.615%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.290	−4.663%	$33.8M	$121.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.270	−4.724%	$38.5M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.266	−4.735%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.288	−4.668%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.303	−4.622%	$6.6M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.305	−4.616%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.280	−4.692%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.292	−4.656%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.158	−5.064%	$1.9M	$355K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.285	−4.677%	$121K	$1.4M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	31.295	−4.648%	$3K	$3K	5x
Phemex VVVUSDT	+0.0100%	4h	31.290	−4.662%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.304	−4.621%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.315	−4.586%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0116%	8h	31.306	−4.613%	$95K	$5.5M	1.7x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.281	−4.690%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0122%	4h	31.311	−4.598%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0209%	1h	31.283	−4.683%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0199%	1h	31.296	−4.645%	$501K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0502%	1h	31.325	−4.555%	$149K	$264K	5x	as long as short