Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0017%/8h= −1.9% APRpaid last 24h +0.011%

Price spread now: Injective against BloFin+0.632%7-day average — · you sell dearer than you buy

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

Long on BloFin 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 0.632% dearer against BloFin than usual: you sell high and buy low (spread +0.632% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin VVV-USDT	32.614	0.0050	pay 0.0025% / 4h	1h 59m	$1.4M	$1.8M	25x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	59m 32s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against BloFin. 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 BloFinbpFee InjectivebpOrdersPrice spread, now +0.632%Rate

Funding earned: −$3.58
Price spread: +0.632% → 0.000%: $63.16
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $47.56
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	1.99 bp	16.3 bp −$16	34.7 bp −$347	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
Deribit VVV_USDC-PERPETUAL	−0.0043%	1h	32.458	−0.480%	$92K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.654	+0.123%	$107K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.470	−0.442%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+0.632%	$2K	$1K	5.5x
BloFin VVV-USDTlong	+0.0050%	4h	32.614	long leg	$1.4M	$1.8M	25x
Phoenix VVV	+0.0077%	1h	32.454	−0.491%	$57K	$292K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.488	−0.387%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.458	−0.478%	$485K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.470	−0.442%	$150K	$781K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.506	−0.330%	$276K	$1.8M	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica VVV	+0.0100%	1h	32.473	−0.432%	$193K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.481	−0.408%	$34.3M	$155.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.468	−0.449%	$40.0M	$52.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.451	−0.500%	$4.8M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.464	−0.460%	$11.0M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.478	−0.417%	$17.6M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.481	−0.408%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.439	−0.537%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.472	−0.435%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.611	−0.009%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.470	−0.442%	$152K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.448	−0.509%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.450	−0.503%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.466	−0.453%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.469	−0.446%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.494	−0.369%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	32.615	+0.003%	$81K	$332K	10x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.468	−0.447%	$403K	$582K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.458	−0.479%	$567K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.490	−0.380%	$200K	$1.1M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0386%	1h	32.487	−0.388%	$125K	$377K	5x	as long as short
01 Exchange VVVUSD	+0.0728%	1h	32.513	−0.310%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0840%	1h	32.535	−0.242%	$75.3M	$55.2M	3x	as long as short