Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.118%
Price spread now: Hyperliquid against Deribit+0.134%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.321%+$32 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.134% dearer against Deribit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 31.838 | 0 | get 0.0000% / 1h | 10m 51s | $90K | $23K | 10x |
| Short | Hyperliquid VVV | 31.881 | 0.0100 | get 0.0013% / 1h | 10m 51s | $74.0M | $55.6M | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $21
- Price spread: +0.134% → 0.000%
- $13.44
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $18.44
- Costs to cover
- 0.160%
- Break-even
- 0.9 days
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 13 min ago | 1.71 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.0017% | 1h | 31.828 | −0.032% | $145K | $1.2M | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.886 | +0.150% | $103K | $6.8M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.0000% | 1h | 31.838 | long leg | $90K | $23K | 10x | |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.843 | +0.014% | $19K | — | 150x | as long as short |
| 01 Exchange VVVUSD | +0.0016% | 1h | 31.821 | −0.054% | $11K | $3K | 3x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +3.084% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 31.827 | −0.036% | $391K | $600K | 5x | as long as short |
| BloFin VVV-USDT | +0.0085% | 4h | 31.834 | −0.013% | $1.3M | $1.8M | 25x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.828 | −0.030% | $2.2M | $6.0M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.809 | −0.092% | $473K | $1.6M | 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 | 31.836 | −0.007% | $125K | $850K | 3x | as long as short |
| Hyperliquid VVVshort | +0.0100% | 1h | 31.881 | +0.134% | $74.0M | $55.6M | 3x | |
| Aster VVVUSDT | +0.0100% | 4h | 31.852 | +0.043% | $260K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.859 | +0.066% | $190K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.866 | +0.087% | $33.4M | $156.1M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.863 | +0.077% | $39.1M | $51.9M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.867 | +0.090% | $4.6M | $41.9M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.846 | +0.024% | $10.7M | $7.6M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.849 | +0.034% | $6.4M | $7.1M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.832 | −0.019% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.850 | +0.037% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.870 | +0.100% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.830 | −0.025% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.842 | +0.012% | $2K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.857 | +0.059% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.846 | +0.025% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.844 | +0.019% | $298K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.837 | −0.004% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0112% | 4h | 31.777 | −0.192% | $79K | $333K | 10x | as long as short |
| Phoenix VVV | +0.0124% | 1h | 31.787 | −0.161% | $56K | $299K | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.0127% | 1h | 31.850 | +0.038% | $123K | $353K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0179% / S +0.0119% | 1h | 31.852 | +0.044% | $576K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | +1.380% | $242K | $1.3M | 25x | as long as short |
Deribit VVV_USDC-PERPETUAL
Hyperliquid VVV
Polymarket Perps VVV-USD
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
01 Exchange VVVUSD
Injective VVV/USDC PERP
RISEx VVV/USDC
BloFin VVV-USDT
Lighter VVV
Lighter RH VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
Phoenix VVV
Backpack VVV_USDC_PERP
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX