Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.049%

Price spread now: Paradex against Injective−3.218%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 Paradex

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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 3.218% cheaper against Injective than usual: you would sell low and buy high (spread −3.218% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$322 on $10k: about 5 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	19m 09s	$2K	$1K	5.5x
Short	Paradex VVV-USD-PERP	31.764	0.0100	get 0.0100% / 8h	6h 19m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −3.218%Rate

Funding earned: $13.98
Price spread: −3.218% → 0.000%: −$321.8
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$311.84
Costs to cover: 0.040%
Break-even: 163.1 days

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

Injective and Paradex: 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	31.756	−3.241%	$390K	$635K	5x	as long as short
Gate VVV_USDT	−0.0026%	4h	31.738	−3.297%	$10.7M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0011%	1h	31.766	−3.211%	$136K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.726	−3.333%	$46K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.753	−3.250%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.754	−3.249%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.759	−3.233%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.747	−3.269%	$469K	$1.5M	5x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.764	−3.218%	$3K	$73	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.785	−3.155%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.801	−3.105%	$73.3M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.781	−3.166%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.795	−3.122%	$190K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.768	−3.205%	$33.7M	$148.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.740	−3.291%	$38.9M	$50.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.741	−3.288%	$4.7M	$39.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.772	−3.193%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.742	−3.285%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.758	−3.236%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.785	−3.154%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.702	−3.406%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.749	−3.263%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.763	−3.221%	$2.1M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	31.785	−3.154%	$119K	$6.4M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	31.754	−3.248%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.756	−3.240%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.712	−3.377%	$79K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.798	−3.114%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.744	−3.279%	$574K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.786	−3.152%	$233K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	31.787	−3.148%	$123K	$317K	5x	as long as short