Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0173%/8hnext payment +$0.22 per $10,000 · paid last 24h +0.043%

Price spread now: RISEx against Injective−2.117%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 RISEx

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. RISEx is 2.117% cheaper against Injective than usual: you would sell low and buy high (spread −2.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$212 on $10k: about 41 days of funding at the current rate (+$5 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	4m 37s	$2K	$1K	5.5x
Short	RISEx VVV/USDC	32.125	0.0206	get 0.0026% / 1h	4m 37s	$393K	$583K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −2.117%Rate

Funding earned: $36.36
Price spread: −2.117% → 0.000%: −$211.68
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$181.33
Costs to cover: 0.060%
Break-even: 41.9 days

Slippage unknown: Injective: no order-book sample; RISEx: live order book, 28 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 RISEx live order book, 28 min ago	2.48 bp	5.7 bp −$6	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
Kalshi KXVVVPERP	0.0000%	8h	32.069	−2.288%	$129K	$6.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.072	−2.279%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.066	−2.298%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0087%	4h	32.090	−2.224%	$1.4M	$1.7M	25x	as long as short
Lighter RH VVV	+0.0096%	1h	32.106	−2.176%	$484K	$1.5M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.069	−2.288%	$150K	$775K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.085	−2.241%	$284K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.111	−2.161%	$184K	$167K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.129	−2.105%	$34.1M	$151.0M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.126	−2.115%	$39.9M	$50.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.131	−2.099%	$4.8M	$41.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.103	−2.185%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.103	−2.185%	$17.0M	$6.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.069	−2.288%	$2.0M	$2.5M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.101	−2.191%	$5.9M	$8.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.103	−2.185%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.109	−2.165%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.067	−2.294%	$139K	$962K	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.064	−2.303%	$428	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.068	−2.291%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.115	−2.147%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0101%	4h	32.186	−1.931%	$80K	$329K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.111	−2.162%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.075	−2.269%	$6K	$13K	3x	as long as short
Lighter VVV	+0.0136%	1h	32.122	−2.127%	$2.2M	$5.4M	5x	as long as short
RISEx VVV/USDCshort	+0.0206%	1h	32.125	−2.117%	$393K	$583K	5x
Phoenix VVV	+0.0225%	1h	32.071	−2.282%	$56K	$286K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.208	−1.864%	$199K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0306%	1h	32.103	−2.186%	$145K	$366K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0446% / S −0.0192%	1h	32.065	−2.300%	$547K	—	100x	as long as short
01 Exchange VVVUSD	+0.0672%	1h	32.196	−1.901%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0750%	1h	32.139	−2.075%	$75.0M	$51.8M	3x	as long as short