VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0193%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.053%

Price spread now: Polymarket Perps against Injective−2.587%111s7-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 Polymarket Perps

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

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps is 2.587% cheaper against Injective than usual: you would sell low and buy high (−$259 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 111 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	55m 35s	$2K	$1K	5.5x
Short	Polymarket Perps VVV-USD	31.971	−0.0159	pay 0.0020% / 1h	55m 35s	$146K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −2.587%Rate

Funding earned: −$40.48
Price spread: −2.587% → 0.000%: −$258.68
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$307.19
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 3 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 Polymarket Perps live order book, 3 min ago	2.82 bp	6.8 bp −$7	6.9 bp −$69	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 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-USDshort	−0.0159%	1h	31.971	−2.587%	$146K	$1.2M	3x
01 Exchange VVVUSD	−0.0016%	1h	31.940	−2.681%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.968	−2.596%	$393K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.944	−2.669%	$109K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.943	−2.671%	$90K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.892	−2.828%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0087%	4h	31.937	−2.690%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.905	−2.788%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.901	−2.800%	$475K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.983	−2.550%	$126K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.925	−2.727%	$74.0M	$55.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.934	−2.700%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.938	−2.687%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.952	−2.646%	$33.5M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.964	−2.607%	$39.2M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.004	−2.486%	$4.7M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.961	−2.617%	$10.7M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.937	−2.690%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.927	−2.721%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.982	−2.553%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.964	−2.608%	—	$5.5M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.918	−2.749%	$124K	$339K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.948	−2.658%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.925	−2.728%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.914	−2.761%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.937	−2.690%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.964	−2.609%	$303K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.942	−2.674%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.933	−2.701%	$79K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.945	−2.666%	$56K	$298K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	31.870	−2.896%	$576K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.278	−1.652%	$242K	$1.3M	25x	as long as short