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: Derive against Injective−1.596%59s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Derive

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

Funding pays, the price is against you. Derive is 1.596% cheaper against Injective than usual: you would sell low and buy high (spread −1.596% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$160 on $10k: about 3 months of funding at the current rate (+$2 a day). 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	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	9m 40s	$2K	$1K	5.5x
Short	Derive VVV-PERP	32.296	0.0100	get 0.0013% / 1h	9m 40s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive against Injective. 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 InjectivebpFee DerivebpOrdersPrice spread, now −1.596%Rate

Funding earned: $14
Price spread: −1.596% → 0.000%: −$159.64
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Derive: 3 bp × 2 orders: −$6
Net: −$151.66
Costs to cover: 0.060%
Break-even: 82.8 days

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

Injective and Derive: 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	−1.085%	$114K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.220	−1.828%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.225	−1.814%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0064%	4h	32.381	−1.338%	$1.3M	$1.8M	25x	as long as short
Phoenix VVV	+0.0077%	1h	32.267	−1.685%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.300	−1.586%	$412K	$578K	5x	as long as short
Lighter VVV	+0.0096%	1h	32.295	−1.601%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.250	−1.737%	$481K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.244	−1.755%	$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	32.295	−1.599%	$276K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.279	−1.648%	$192K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.263	−1.696%	$34.0M	$155.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.256	−1.718%	$39.8M	$52.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.282	−1.639%	$4.8M	$42.4M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.271	−1.673%	$10.9M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.287	−1.624%	$17.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.262	−1.700%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.269	−1.679%	$5.8M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.295	−1.600%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.319	−1.526%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.238	−1.773%	$156K	$1.2M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.296	−1.596%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.219	−1.831%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.286	−1.627%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.308	−1.559%	$319K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.281	−1.643%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.149	−2.045%	$80K	$332K	10x	as long as short
01 Exchange VVVUSD	+0.0136%	1h	32.328	−1.499%	$12K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0095%	1h	32.214	−1.848%	$563K	—	100x	as long as short
Hyperliquid VVV	+0.0203%	1h	32.324	−1.511%	$74.8M	$55.1M	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.362	−1.395%	$215K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0322%	1h	32.229	−1.802%	$122K	$380K	5x	as long as short