VVV

Alert: funding

Alert: spread

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: Deribit against Hyperliquid−0.134%7-day average — · you buy dearer than you sell

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

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.134% cheaper against Hyperliquid than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid VVV	31.881	0.0100	pay 0.0013% / 1h	10m 39s	$74.0M	$55.6M	3x
Short	Deribit VVV_USDC-PERPETUAL	31.838	0	get 0.0000% / 1h	10m 39s	$90K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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 HyperliquidbpFee DeribitbpOrdersPrice spread, now −0.134%Rate

Funding earned: −$21
Price spread: −0.134% → 0.000%: −$13.42
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$50.42
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 3 min ago; Deribit: 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 Hyperliquid live order book, 3 min ago	1.73 bp	20.5 bp −$21	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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	−0.166%	$145K	$1.2M	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.886	+0.016%	$103K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	31.838	−0.134%	$90K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.843	−0.121%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	31.909	+0.088%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.945%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	31.913	+0.100%	$392K	$601K	5x	as long as short
BloFin VVV-USDT	+0.0085%	4h	31.834	−0.147%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.880	−0.002%	$2.2M	$6.0M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.879	−0.006%	$474K	$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	−0.141%	$125K	$850K	3x	as long as short
Hyperliquid VVVlong	+0.0100%	1h	31.881	long leg	$74.0M	$55.6M	3x
Aster VVVUSDT	+0.0100%	4h	31.868	−0.042%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.896	+0.047%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.880	−0.002%	$33.4M	$156.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.885	+0.013%	$39.1M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.900	+0.060%	$4.6M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.899	+0.056%	$10.7M	$7.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.898	+0.053%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.873	−0.025%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.897	+0.050%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.905	+0.075%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.830	−0.159%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.842	−0.122%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.857	−0.075%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.898	+0.054%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.906	+0.078%	$298K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.837	−0.138%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.777	−0.326%	$79K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	31.787	−0.295%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0127%	1h	31.850	−0.097%	$123K	$353K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0119%	1h	31.852	−0.091%	$576K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	+1.244%	$242K	$1.3M	25x	as long as short