VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h +0.054%

Price spread now: Injective against Derive+1.622%59s7-day average — · you sell dearer than you buy

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

Long on Derive 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 1.622% dearer against Derive than usual: you sell high and buy low (spread +1.622% now, against zero (this spread has no 7-day history yet)): +$162 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 59 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	Derive VVV-PERP	32.296	0.0100	pay 0.0013% / 1h	10m 07s	$1K	$1K	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	10m 07s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Derive. 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 DerivebpFee InjectivebpOrdersPrice spread, now +1.622%Rate

Funding earned: −$14
Price spread: +1.622% → 0.000%: $162.23
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $142.21
Costs to cover: 0.060%
Break-even: from the start

Slippage unknown: Derive: no order-book sample; 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 Derive no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Derive and 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	32.464	+0.520%	$114K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.220	−0.236%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.225	−0.221%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+1.622%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0064%	4h	32.381	+0.263%	$1.3M	$1.8M	25x	as long as short
Phoenix VVV	+0.0077%	1h	32.267	−0.090%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.263	−0.103%	$411K	$581K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.238	−0.181%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.214	−0.254%	$481K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.244	−0.161%	$149K	$781K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	32.282	−0.043%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.310	+0.044%	$192K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.236	−0.185%	$34.0M	$155.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.202	−0.293%	$39.7M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.232	−0.198%	$4.8M	$42.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.248	−0.149%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.222	−0.229%	$17.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.258	−0.118%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.219	−0.239%	$5.8M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.210	−0.267%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.319	+0.072%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.238	−0.180%	$156K	$1.2M	3x	as long as short
Derive VVV-PERPlong	+0.0100%	1h	32.296	long leg	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.219	−0.239%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.291	−0.016%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.228	−0.209%	$319K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.281	−0.048%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.149	−0.456%	$80K	$332K	10x	as long as short
01 Exchange VVVUSD	+0.0136%	1h	32.328	+0.099%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0181%	1h	32.291	−0.016%	$74.6M	$55.3M	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.214	−0.256%	$563K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.362	+0.204%	$215K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0322%	1h	32.229	−0.209%	$122K	$380K	5x	as long as short