VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h −0.003%

Price spread now: Polymarket Perps against Injective−5.012%51s7-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

Funding pays, the price is against you. Polymarket Perps is 5.012% cheaper against Injective than usual: you would sell low and buy high (spread −5.012% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$501 on $10k: about 8 months of funding at the current rate (+$2 a day). The two prices were read 51 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	56m 09s	$2K	$1K	5.5x
Short	Polymarket Perps VVV-USD	31.175	0.0100	get 0.0013% / 1h	56m 09s	$121K	$1.4M	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 −5.012%Rate

Funding earned: $14
Price spread: −5.012% → 0.000%: −$501.22
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: −$495.24
Costs to cover: 0.080%
Break-even: 254.6 days

Slippage unknown: Injective: no order-book sample; Polymarket Perps: live order book, 2 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, 2 min ago	1.60 bp	5.6 bp −$6	7.9 bp −$79	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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.204	−4.924%	$189K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.180	−4.997%	$382K	$648K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.270	−4.724%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.278	−4.699%	$22K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0040%	1h	31.184	−4.985%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0056%	4h	31.235	−4.829%	$1.3M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.245	−4.800%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.259	−4.756%	$459K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.195	−4.950%	$3K	$73	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	31.190	−4.965%	$162K	$897K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.313	−4.592%	$70.4M	$48.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.243	−4.806%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.211	−4.902%	$184K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.262	−4.747%	$33.7M	$121.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.257	−4.764%	$38.5M	$41.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.276	−4.704%	$4.9M	$31.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.271	−4.720%	$11.1M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.272	−4.717%	$6.6M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.254	−4.771%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.267	−4.732%	$5.8M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.275	−4.707%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.291	−4.658%	$2.0M	$355K	—	as long as short
Polymarket Perps VVV-USDshort	+0.0100%	1h	31.175	−5.012%	$121K	$1.4M	3x
Derive VVV-PERP	+0.0100%	1h	31.269	−4.727%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.261	−4.750%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.272	−4.715%	$298K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.235	−4.830%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.281	−4.690%	$78K	$331K	10x	as long as short
Kalshi KXVVVPERP	+0.0118%	8h	31.222	−4.869%	$96K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	31.283	−4.683%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0199%	1h	31.185	−4.983%	$499K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0484%	1h	31.320	−4.569%	$149K	$264K	5x	as long as short