Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.101%

Price spread now: Hyperliquid against Aster+0.037%7-day average +0.066% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Aster Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.111%+$11 on $10k

Price spread, last 4 days (all we have)+0.203%+$20 · spread now +0.037%, 7d avg +0.066%

Together, before fees+0.313%+ Points / potential airdropAster: Stage 5 · Hyperliquid: Season 2 · farm board+$31 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.029% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster VVVUSDT	32.006	0.0100	pay 0.0050% / 4h	2h 18m	$279K	$1.8M	10x
Short	Hyperliquid VVV	32.018	0.0100	get 0.0013% / 1h	18m 21s	$73.1M	$54.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aster. 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 AsterbpFee HyperliquidbpOrdersPrice spread, now +0.037%Rate

Funding earned: $0
Price spread: +0.037% → +0.066%: −$2.94
Slippage, 4 orders: −$37.75
Fee Aster: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$57.69
Costs to cover: 0.548%
Break-even: never at this rate

Slippage from Aster: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago.

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 Aster live order book, 5 min ago	3.28 bp	10.3 bp −$10	55.6 bp −$556	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	0.16 bp	13.6 bp −$14	doesn't fit	doesn't fit	doesn't fit

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	−0.0038%	1h	31.981	−0.079%	$92K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.019	+0.040%	$121K	$6.9M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.987	−0.059%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.542%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	31.986	−0.063%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.978	−0.088%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.976	−0.095%	$393K	$576K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.978	−0.087%	$2.2M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.956	−0.157%	$477K	$1.6M	5x	as long as short
Polymarket Perps VVV-USD	+0.0096%	1h	31.960	−0.145%	$143K	$1.2M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin VVV-USDT	+0.0096%	4h	31.952	−0.170%	$1.3M	$1.7M	25x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.971	−0.110%	$148K	$781K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	32.018	+0.037%	$73.1M	$54.2M	3x
Aster VVVUSDTlong	+0.0100%	4h	32.006	long leg	$279K	$1.8M	10x
Pacifica VVV	+0.0100%	1h	31.979	−0.086%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.990	−0.050%	$33.8M	$154.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.972	−0.107%	$39.4M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.997	−0.029%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.978	−0.088%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.981	−0.079%	$17.2M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.975	−0.098%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.971	−0.110%	$5.8M	$8.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.971	−0.110%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.953	−0.166%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.982	−0.075%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.979	−0.085%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.974	−0.100%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.989	−0.054%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.000	−0.021%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	31.978	−0.088%	$79K	$331K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.979	−0.085%	$559K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.056	+0.156%	$212K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0273%	1h	31.996	−0.033%	$122K	$380K	5x	as long as short