Funding you earn now, next payment 21:00 UTC−0.0199%/8h= −21.8% APRnext payment −$0.25 per $10,000 · paid last 24h +0.058%
Price spread now: Injective against Coinbase International+1.103%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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 1.103% dearer against Coinbase International than usual: you sell high and buy low (spread +1.103% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International VVV-PERP-INTX | 32.462 | 0.0232 | pay 0.0029% / 1h | 7m 10s | $216K | $1.2M | 25x |
| Short | Injective VVV/USDC PERP | 32.820 | 0.0033 | get 0.0004% / 1h | 7m 10s | $2K | $1K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Coinbase International. 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
- −$41.72
- Price spread: +1.103% → 0.000%
- $110.25
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $58.51
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 1 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 Coinbase International live order book, 1 min ago | 21.98 bp | 27.0 bp −$27 | 27.0 bp −$270 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.438 | −0.074% | $116K | $6.8M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.468 | +0.018% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERPshort | +0.0033% | 1h | 32.820 | +1.103% | $2K | $1K | 5.5x | |
| Deribit VVV_USDC-PERPETUAL | +0.0061% | 1h | 32.465 | +0.010% | $93K | $22K | 10x | as long as short |
| Phoenix VVV | +0.0077% | 1h | 32.248 | −0.660% | $56K | $292K | 5x | as long as short |
| RISEx VVV/USDC | +0.0078% | 1h | 32.461 | −0.004% | $414K | $576K | 5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.456 | −0.020% | $2.2M | $5.4M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 32.439 | −0.071% | $484K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 32.469 | +0.023% | $150K | $781K | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.428 | −0.106% | $277K | $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 | 32.424 | −0.117% | $193K | $176K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.445 | −0.053% | $34.3M | $155.5M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.429 | −0.102% | $40.0M | $52.2M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.442 | −0.062% | $4.8M | $42.6M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.432 | −0.093% | $11.0M | $7.8M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.455 | −0.022% | $17.4M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.404 | −0.179% | $2.1M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.426 | −0.111% | $5.9M | $8.8M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.457 | −0.016% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.319 | −0.440% | $2.1M | $180K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 32.467 | +0.015% | $156K | $1.2M | 3x | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.449 | −0.041% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.400 | −0.191% | $2.1M | $2.0M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.423 | −0.122% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.463 | +0.003% | $321K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.451 | −0.033% | $7K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0107% | 4h | 32.365 | −0.300% | $80K | $331K | 10x | as long as short |
| BloFin VVV-USDT | +0.0136% | 4h | 32.467 | +0.015% | $1.3M | $1.8M | 25x | as long as short |
| 01 Exchange VVVUSD | +0.0176% | 1h | 32.537 | +0.231% | $12K | $3K | 3x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0191% / S +0.0095% | 1h | 32.452 | −0.032% | $568K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTXlong | +0.0232% | 1h | 32.462 | long leg | $216K | $1.2M | 25x | |
| Hyperliquid VVV | +0.0254% | 1h | 32.454 | −0.025% | $75.1M | $55.1M | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.0351% | 1h | 32.446 | −0.051% | $123K | $376K | 5x | as long as short |
Coinbase International VVV-PERP-INTX
Injective VVV/USDC PERP
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Deribit VVV_USDC-PERPETUAL
Phoenix VVV
RISEx VVV/USDC
Lighter VVV
Lighter RH VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
BloFin VVV-USDT
01 Exchange VVVUSD
GMX VVV/USD [ETH-USDC]
Hyperliquid VVV
Backpack VVV_USDC_PERP