Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.010%

Price spread now: Injective against OKX+7.808%7-day average — · you sell dearer than you buy

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

Long on OKX Short on Injective

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

The price spread pays, funding is against you. Injective is 7.808% dearer against OKX than usual: you sell high and buy low (spread +7.808% now, against zero (this spread has no 7-day history yet)): +$781 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 13 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	30.443	0.0100	pay 0.0050% / 4h	3h 22m	$4.8M	$31.2M	20x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	22m 48s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against OKX. 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 OKXbpFee InjectivebpOrdersPrice spread, now +7.808%Rate

Funding earned: −$14
Price spread: +7.808% → 0.000%: $780.8
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $756.78
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: OKX: live order book, 1 min ago; Injective: 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 OKX live order book, 1 min ago	0.49 bp	17.6 bp −$18	87.9 bp −$879	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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
RISEx VVV/USDC	−0.0417%	1h	30.414	−0.095%	$373K	$640K	5x	as long as short
Polymarket Perps VVV-USD	−0.0140%	1h	30.476	+0.108%	$121K	$1.3M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.294	−0.491%	$145K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	30.520	+0.252%	$18K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+7.808%	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0064%	1h	30.433	−0.033%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	30.446	+0.009%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.447	+0.013%	$444K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.428	−0.048%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.466	+0.077%	$140K	$867K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	30.453	+0.034%	$68.6M	$48.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.449	+0.019%	$242K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.448	+0.018%	$180K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.444	+0.003%	$32.7M	$125.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.420	−0.076%	$37.8M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	30.443	long leg	$4.8M	$31.2M	20x
Gate VVV_USDT	+0.0100%	4h	30.447	+0.013%	$10.4M	$5.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.452	+0.030%	$6.2M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.458	+0.049%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.455	+0.039%	$5.6M	$7.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.453	+0.033%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.303	−0.459%	$1.9M	$350K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.528	+0.278%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.501	+0.191%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.360	−0.271%	$75K	$332K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.476	+0.109%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.489	+0.151%	$6K	—	3x	as long as short
Kalshi KXVVVPERP	+0.0121%	8h	30.492	+0.161%	$102K	$5.5M	1.7x	as long as short
Phoenix VVV	+0.0129%	1h	30.352	−0.299%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0159%	4h	30.524	+0.266%	$1.3M	$1.5M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0212%	1h	30.537	+0.309%	$85K	$23K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0244%	1h	30.546	+0.338%	$119K	$243K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0425% / S −0.0174%	1h	30.513	+0.229%	$534K	—	100x	as long as short