Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.049%
Price spread now: Injective against Pacifica+3.426%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Injective is 3.426% dearer against Pacifica than usual: you sell high and buy low (spread +3.426% now, against zero (this spread has no 7-day history yet)): +$343 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica VVV | 31.733 | 0.0100 | pay 0.0013% / 1h | 21m 04s | $190K | $163K | 10x |
| Short | Injective VVV/USDC PERP | 32.820 | 0.0033 | get 0.0004% / 1h | 21m 04s | $2K | $1K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$14
- Price spread: +3.426% → 0.000%
- $342.56
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $320.54
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 47 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 Pacifica live order book, 47 min ago | 0.16 bp | doesn't fit | doesn't fit | 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 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 | 31.709 | −0.076% | $389K | $634K | 5x | as long as short |
| Gate VVV_USDT | −0.0044% | 4h | 31.691 | −0.132% | $10.6M | $7.1M | 25x | as long as short |
| Polymarket Perps VVV-USD | −0.0022% | 1h | 31.711 | −0.069% | $136K | $1.2M | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.739 | +0.019% | $119K | $6.4M | 1.7x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 31.792 | +0.186% | $48K | $289K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.695 | −0.119% | $88K | $24K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0005% | 1h | 31.717 | −0.051% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERPshort | +0.0033% | 1h | 32.820 | +3.426% | $2K | $1K | 5.5x | |
| Lighter VVV | +0.0096% | 1h | 31.700 | −0.104% | $2.1M | $5.6M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.691 | −0.132% | $468K | $1.5M | 5x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.725 | −0.024% | $3K | $73 | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.710 | −0.072% | $131K | $847K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.745 | +0.038% | $73.2M | $53.7M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.701 | −0.101% | $257K | $1.8M | 10x | as long as short |
| Pacifica VVVlong | +0.0100% | 1h | 31.733 | long leg | $190K | $163K | 10x | |
| Binance VVVUSDT | +0.0100% | 4h | 31.715 | −0.057% | $33.7M | $149.0M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.705 | −0.087% | $38.8M | $50.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.717 | −0.050% | $4.7M | $39.9M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.722 | −0.035% | $6.4M | $6.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.692 | −0.129% | $1.8M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.686 | −0.148% | $5.7M | $8.5M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.722 | −0.035% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.702 | −0.097% | $2.1M | $185K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.700 | −0.104% | $3K | $3K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.713 | −0.063% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.705 | −0.089% | $300K | $1.9M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.698 | −0.110% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0105% | 4h | 31.653 | −0.253% | $79K | $335K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.0112% | 1h | 31.731 | −0.006% | $11K | $3K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0176% / S +0.0123% | 1h | 31.696 | −0.117% | $573K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0208% | 1h | 31.711 | −0.070% | $232K | $1.2M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.0294% | 1h | 31.734 | +0.002% | $123K | $317K | 5x | as long as short |
Pacifica VVV
Injective VVV/USDC PERP
RISEx VVV/USDC
Gate VVV_USDT
Polymarket Perps VVV-USD
Kalshi KXVVVPERP
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Lighter VVV
Lighter RH VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
01 Exchange VVVUSD
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX
Backpack VVV_USDC_PERP