Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.109%

Price spread now: Hyperliquid against Gate+0.020%7-day average +0.140% · you sell dearer than you buy

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

Long on Gate Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.306%+$31 on $10k

Price spread, last 7 days+0.107%+$11 · spread now +0.020%, 7d avg +0.140%

Together, before fees+0.413%+ Points / potential airdropHyperliquid: Season 2 · farm board+$41 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.120% cheaper against Gate than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.140%). If the spread goes back, that is −$12 on $10k: about 4.2 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	30.664	0.0004	pay 0.0002% / 4h	57m 14s	$10.3M	$5.9M	25x
Short	Hyperliquid VVV	30.670	0.0100	get 0.0013% / 1h	57m 14s	$70.3M	$50.4M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Gate. 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 GatebpFee HyperliquidbpOrdersPrice spread, now +0.020%Rate

Funding earned: $20.16
Price spread: +0.020% → +0.140%: −$12.04
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$15.88
Costs to cover: 0.240%
Break-even: 12.5 days

Slippage unknown: Gate: live order book, 1 min ago; Hyperliquid: live order book, 6 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 Gate live order book, 1 min ago	7.14 bp	29.3 bp −$29	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	1.61 bp	doesn't fit	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
RISEx VVV/USDC	−0.0299%	1h	30.647	−0.057%	$376K	$644K	5x	as long as short
Polymarket Perps VVV-USD	−0.0193%	1h	30.649	−0.049%	$125K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0064%	1h	30.674	+0.033%	$11K	$3K	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.715	+0.168%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.694	+0.098%	$23K	—	150x	as long as short
Gate VVV_USDTlong	+0.0004%	4h	30.664	long leg	$10.3M	$5.9M	25x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.031%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0052%	4h	30.756	+0.300%	$1.3M	$1.6M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.667	+0.009%	$150K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.739	+0.245%	$2.0M	$5.2M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.740	+0.248%	$455K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.730	+0.214%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.686	+0.070%	$111K	$859K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	30.670	+0.020%	$70.3M	$50.4M	3x
Aster VVVUSDT	+0.0100%	4h	30.679	+0.049%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.785	+0.395%	$182K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.757	+0.304%	$32.6M	$134.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.732	+0.222%	$38.0M	$44.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.767	+0.336%	$4.7M	$35.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.735	+0.232%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.701	+0.121%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.730	+0.215%	$5.7M	$7.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.670	+0.020%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.832	+0.548%	$2.0M	$217K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.827	+0.533%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.731	+0.218%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	30.858	+0.633%	$77K	$335K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.713	+0.160%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.738	+0.241%	$6K	—	3x	as long as short
Phoenix VVV	+0.0153%	1h	30.840	+0.574%	$36K	$253K	5x	as long as short
Kalshi KXVVVPERP	+0.0167%	8h	30.688	+0.078%	$99K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.681	+0.057%	$553K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0465%	1h	30.832	+0.548%	$122K	$280K	5x	as long as short