Funding you earn now, next payment 01:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.19 per $10,000 · paid last 24h −0.046%
Price spread now: GMX against Injective−1.935%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GMX is 1.935% cheaper against Injective than usual: you would sell low and buy high (−$193 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| 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 | 31m 15s | $2K | $1K | 5.5x |
| Short | GMX VVV/USD [ETH-USDC] | 32.185 | L +0.0178% / S +0.0121% | pay 0.0015% / 1h | 31m 15s | $582K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- −$32.33
- Price spread: −1.935% → 0.000%
- −$193.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$237.82
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; GMX: 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 GMX no order-book sample | — | — | — | — | — |
Injective and GMX: 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 | −0.0290% | 1h | 32.168 | −1.987% | $147K | $1.2M | 3x | as long as short |
| 01 Exchange VVVUSD | −0.0080% | 1h | 32.184 | −1.938% | $11K | $3K | 3x | as long as short |
| RISEx VVV/USDC | −0.0015% | 1h | 32.164 | −1.998% | $396K | $602K | 5x | as long as short |
| Gate VVV_USDT | −0.0014% | 4h | 32.168 | −1.987% | $10.8M | $7.3M | 25x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.191 | −1.917% | $109K | $6.4M | 1.7x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 32.049 | −2.349% | $56K | $298K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 32.141 | −2.068% | $91K | $23K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.183 | −1.941% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERPlong | +0.0033% | 1h | 32.820 | long leg | $2K | $1K | 5.5x | |
| Lighter VVV | +0.0096% | 1h | 32.147 | −2.052% | $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 | 32.152 | −2.035% | $478K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 32.172 | −1.974% | $126K | $850K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.209 | −1.862% | $74.7M | $54.9M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.175 | −1.965% | $262K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.157 | −2.020% | $192K | $189K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.180 | −1.950% | $33.8M | $154.2M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.166 | −1.993% | $39.4M | $51.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.161 | −2.008% | $4.7M | $41.8M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.174 | −1.968% | $6.5M | $6.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.157 | −2.020% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.145 | −2.057% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.183 | −1.941% | — | $5.4M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.0100% | 1h | 32.177 | −1.960% | $125K | $331K | 5x | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.153 | −2.034% | $2.1M | $188K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.144 | −2.060% | $2K | $2K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.145 | −2.057% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.183 | −1.940% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.137 | −2.082% | $306K | $2.0M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.149 | −2.043% | $6K | — | 3x | as long as short |
| BloFin VVV-USDT | +0.0108% | 4h | 32.150 | −2.041% | $1.3M | $1.8M | 25x | as long as short |
| edgeX VVVUSDC | +0.0118% | 4h | 31.873 | −2.887% | $79K | $334K | 10x | as long as short |
| GMX VVV/USD [ETH-USDC]short | L +0.0178% / S +0.0121% | 1h | 32.185 | −1.935% | $582K | — | 100x | |
| Coinbase International VVV-PERP-INTX | +0.0320% | 1h | 32.144 | −2.061% | $247K | $1.3M | 25x | as long as short |
Injective VVV/USDC PERP
GMX VVV/USD [ETH-USDC]
Polymarket Perps VVV-USD
01 Exchange VVVUSD
RISEx VVV/USDC
Gate VVV_USDT
Kalshi KXVVVPERP
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Lighter VVV
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Backpack VVV_USDC_PERP
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
BloFin VVV-USDT
edgeX VVVUSDC
Coinbase International VVV-PERP-INTX