Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.020%

Price spread now: Injective against edgeX+2.973%7-day average — · you sell dearer than you buy

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

Long on edgeX 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—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 2.973% dearer against edgeX than usual: you sell high and buy low (spread +2.973% now, against zero (this spread has no 7-day history yet)): +$297 on $10k if it goes back. Holding the pair costs −$3 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	edgeX VVVUSDC	31.873	0.0118	pay 0.0059% / 4h	3h 32m	$79K	$334K	10x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	32m 06s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against edgeX. 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 edgeXbpFee InjectivebpOrdersPrice spread, now +2.973%Rate

Funding earned: −$17.79
Price spread: +2.973% → 0.000%: $297.26
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $270.45
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: edgeX: live order book, 41 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 edgeX live order book, 41 min ago	0.79 bp	30.3 bp −$30	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 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
Polymarket Perps VVV-USD	−0.0296%	1h	32.019	+0.459%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0080%	1h	32.018	+0.456%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.017	+0.452%	$394K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.080	+0.651%	$109K	$6.4M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.049	+0.554%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.062	+0.593%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.049	+0.555%	$19K	—	150x	as long as short
Gate VVV_USDT	+0.0008%	4h	32.126	+0.795%	$10.8M	$7.3M	25x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.973%	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	32.083	+0.659%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.067	+0.610%	$477K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	32.052	+0.563%	$1.3M	$1.8M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.046	+0.544%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.178	+0.958%	$74.6M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.024	+0.476%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.065	+0.603%	$192K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.098	+0.708%	$33.7M	$154.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.133	+0.816%	$39.4M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.144	+0.852%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.089	+0.679%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.039	+0.522%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.104	+0.726%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.151	+0.874%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.177	+0.955%	$125K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.001	+0.402%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.057	+0.578%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.062	+0.594%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.038	+0.518%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.063	+0.597%	$302K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.028	+0.487%	$6K	—	3x	as long as short
edgeX VVVUSDClong	+0.0118%	4h	31.873	long leg	$79K	$334K	10x
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	32.038	+0.518%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.985	+0.351%	$246K	$1.3M	25x	as long as short