Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.013%

Price spread now: Injective against KuCoin+4.819%70s7-day average — · you sell dearer than you buy

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

Long on KuCoin Short on Injective

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

The price spread pays, funding is against you. Injective is 4.819% dearer against KuCoin than usual: you sell high and buy low (spread +4.819% now, against zero (this spread has no 7-day history yet)): +$482 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8 months. The two prices were read 70 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	KuCoin VVVUSDTM	31.311	0.0100	pay 0.0050% / 4h	1h 28m	$1.9M	$2.8M	20x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	28m 09s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against KuCoin. 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 KuCoinbpFee InjectivebpOrdersPrice spread, now +4.819%Rate

Funding earned: −$14
Price spread: +4.819% → 0.000%: $481.94
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $455.92
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: KuCoin: live order book, 9 min ago; Injective: 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 KuCoin live order book, 9 min ago	11.08 bp	30.5 bp −$30	535.5 bp −$5,355	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
RISEx VVV/USDC	−0.0152%	1h	31.265	−0.146%	$384K	$637K	5x	as long as short
Gate VVV_USDT	−0.0086%	4h	31.283	−0.089%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.290	−0.068%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.302	−0.030%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0033%	1h	31.296	−0.048%	$135K	$1.2M	3x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+4.819%	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0040%	1h	31.315	+0.013%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	31.290	−0.067%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.284	−0.086%	$463K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.277	−0.107%	$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	31.308	−0.008%	$133K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.316	+0.016%	$72.0M	$51.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.351	+0.128%	$253K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.377	+0.211%	$188K	$135K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.314	+0.010%	$33.3M	$142.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.304	−0.022%	$38.5M	$46.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.304	−0.022%	$4.8M	$37.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.309	−0.006%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	31.311	long leg	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	31.280	−0.099%	$5.7M	$8.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.297	−0.045%	—	$5.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−0.895%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.274	−0.117%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.298	−0.042%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.292	−0.060%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.317	+0.018%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	−0.826%	$77K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0119%	4h	31.360	+0.156%	$1.4M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0143%	8h	31.348	+0.118%	$107K	$6.0M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.134	−0.565%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.175	−0.434%	$139K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.294	−0.054%	$564K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0209%	1h	31.323	+0.040%	$114K	$286K	5x	as long as short