Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.030%

Price spread now: edgeX against Injective−1.452%7-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 edgeX

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

Funding pays, the price is against you. edgeX is 1.452% cheaper against Injective than usual: you would sell low and buy high (spread −1.452% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$145 on $10k: about 2 months of funding at the current rate (+$2 a day).

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	53m 38s	$2K	$1K	5.5x
Short	edgeX VVVUSDC	32.344	0.0109	get 0.0055% / 4h	1h 53m	$80K	$320K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −1.452%Rate

Funding earned: $15.99
Price spread: −1.452% → 0.000%: −$145.17
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$138.19
Costs to cover: 0.090%
Break-even: 67.5 days

Slippage unknown: Injective: no order-book sample; edgeX: live order book, 57 min ago. 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 edgeX live order book, 57 min ago	0.95 bp	41.5 bp −$42	doesn't fit	doesn't fit	doesn't fit

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 32 exchanges

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
RISEx VVV/USDC	−0.0142%	1h	32.229	−1.802%	$394K	$730K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0054%	1h	32.236	−1.778%	$87K	$19K	10x	as long as short
Gate VVV_USDT	−0.0034%	4h	32.214	−1.846%	$12.7M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.247	−1.746%	$181K	$5.4M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.255	−1.722%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.449	−1.132%	$160K	$1.3M	25x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0094%	4h	32.254	−1.725%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.236	−1.778%	$2.0M	$3.8M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.230	−1.798%	$487K	$1.4M	5x	as long as short

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.251	−1.734%	$192K	$911K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.235	−1.781%	$254K	$507K	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.239	−1.771%	$190K	$112K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.230	−1.798%	$33.7M	$101.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.215	−1.843%	$38.2M	$39.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.210	−1.859%	$4.8M	$24.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.230	−1.798%	$7.8M	$4.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.217	−1.837%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.227	−1.807%	$5.9M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.215	−1.843%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.231	−1.794%	$2.0M	$333K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.254	−1.725%	$133K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.246	−1.749%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.222	−1.823%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.229	−1.801%	$307K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.242	−1.762%	$6K	—	3x	as long as short
edgeX VVVUSDCshort	+0.0109%	4h	32.344	−1.452%	$80K	$320K	10x
Phoenix VVV	+0.0279%	1h	32.439	−1.161%	$34K	$192K	5x	as long as short
01 Exchange VVVUSD	+0.0440%	1h	32.269	−1.679%	$12K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0450% / S −0.0219%	1h	32.223	−1.819%	$519K	—	100x	as long as short
Hyperliquid VVV	+0.0593%	1h	32.274	−1.664%	$75.3M	$45.2M	3x	as long as short
Backpack VVV_USDC_PERP	+0.0681%	1h	32.269	−1.679%	$174K	$269K	5x	as long as short