Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h +0.049%

Price spread now: Injective against Paradex+1.820%7-day average — · you sell dearer than you buy

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

Long on Paradex 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—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 1.820% dearer against Paradex than usual: you sell high and buy low (spread +1.820% now, against zero (this spread has no 7-day history yet)): +$182 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	32.233	0.0100	pay 0.0100% / 8h	1h 06m	$3K	$106	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	6m 44s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Paradex. 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 ParadexbpFee InjectivebpOrdersPrice spread, now +1.820%Rate

Funding earned: −$14.01
Price spread: +1.820% → 0.000%: $182.03
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $163.99
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

Paradex and 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
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.195	−0.119%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.191	−0.130%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+1.820%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0083%	4h	32.207	−0.082%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.243	+0.031%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.208	−0.078%	$479K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.243	+0.030%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.179	−0.168%	$149K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.208	−0.080%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.238	+0.016%	$193K	$191K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.225	−0.026%	$33.7M	$157.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.227	−0.018%	$39.6M	$52.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.204	−0.091%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.199	−0.106%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.231	−0.007%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.186	−0.147%	$2.0M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.220	−0.041%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.223	−0.032%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.187	−0.145%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.172	−0.190%	$145K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.199	−0.107%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.199	−0.106%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.233	long leg	$3K	$106	5x
Kalshi KXVVVPERP	+0.0101%	8h	32.205	−0.088%	$108K	$6.9M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	32.203	−0.094%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.187	−0.144%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	32.198	−0.110%	$80K	$332K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.218	−0.046%	$238K	$1.3M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.217	−0.049%	$396K	$607K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0168%	1h	32.186	−0.146%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0221%	1h	32.239	+0.017%	$122K	$365K	5x	as long as short
Hyperliquid VVV	+0.0229%	1h	32.247	+0.043%	$74.8M	$55.8M	3x	as long as short
01 Exchange VVVUSD	+0.0296%	1h	32.168	−0.202%	$11K	$3K	3x	as long as short