Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0098%/8h= +10.7% APRpaid last 24h +0.082%

Price spread now: Hyperliquid against Binance+0.097%7-day average +0.036% · you sell dearer than you buy

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

Long on Binance Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.163%+$16 on $10k

Price spread, last 7 days−0.063%−$6 · spread now +0.097%, 7d avg +0.036%

Together, before fees+0.100%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.060% dearer against Binance than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	32.148	0.0100	pay 0.0050% / 4h	1h 00m	$33.6M	$157.1M	25x
Short	Hyperliquid VVV	32.179	0.0198	get 0.0025% / 1h	0m 55s	$74.7M	$55.8M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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 BinancebpFee HyperliquidbpOrdersPrice spread, now +0.097%Rate

Funding earned: $20.58
Price spread: +0.097% → +0.036%: $6.02
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $7.6
Costs to cover: 0.190%
Break-even: 4.4 days

Slippage unknown: Binance: live order book, 12 min ago; Hyperliquid: live order book, 13 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 Binance live order book, 12 min ago	0.16 bp	13.9 bp −$14	36.9 bp −$369	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 13 min ago	0.62 bp	10.6 bp −$11	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	−0.0189%	1h	32.131	−0.054%	$91K	$23K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.150	+0.006%	$107K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.148	+0.001%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.090%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.165	+0.054%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.134	−0.043%	$478K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.162	+0.044%	$56K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.153	+0.017%	$148K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.152	+0.012%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.143	−0.016%	$192K	$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 VVVUSDTlong	+0.0100%	4h	32.148	long leg	$33.6M	$157.1M	25x
Bybit VVVUSDT	+0.0100%	4h	32.144	−0.012%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.151	+0.009%	$4.7M	$42.7M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.149	+0.003%	$10.8M	$7.8M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.164	+0.050%	$6.3M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.161	+0.041%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.152	+0.013%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.155	+0.022%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.211	+0.195%	$2.1M	$183K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.127	−0.065%	$146K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.137	−0.035%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.152	+0.013%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.131	−0.052%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.149	+0.004%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.150	+0.005%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	32.181	+0.103%	$80K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0123%	4h	32.157	+0.028%	$1.3M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.233	+0.263%	$242K	$1.4M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.124	−0.074%	$394K	$606K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0185% / S +0.0169%	1h	32.138	−0.031%	$618K	—	100x	as long as short
Hyperliquid VVVshort	+0.0198%	1h	32.179	+0.097%	$74.7M	$55.8M	3x
Backpack VVV_USDC_PERP	+0.0212%	1h	32.182	+0.107%	$121K	$362K	5x	as long as short
01 Exchange VVVUSD	+0.0272%	1h	32.128	−0.062%	$11K	$3K	3x	as long as short