VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0663%/8h= −72.5% APRnext payment −$0.83 per $10,000 · paid last 24h −0.107%

Price spread now: Pacifica against Hyperliquid+0.095%7-day average −0.063% · you sell dearer than you buy

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

Long on Hyperliquid Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.222%−$22 on $10k

Price spread, last 4 days (all we have)−0.239%−$24 · spread now +0.095%, 7d avg −0.063%

Together, before fees−0.461%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$46 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Pacifica is 0.158% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.095% now, against its 7-day average of −0.063%): +$16 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.222% in total) that is about 5.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.222% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid VVV	32.749	0.0763	pay 0.0095% / 1h	41m 03s	$76.5M	$55.5M	3x
Short	Pacifica VVV	32.780	0.0100	get 0.0013% / 1h	41m 03s	$188K	$183K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.095%Rate

Funding earned: −$139.13
Price spread: +0.095% → −0.063%: $15.85
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$140.29
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 13 min ago; Pacifica: live order book, 42 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 Hyperliquid live order book, 13 min ago	0.15 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Pacifica live order book, 42 min ago	1.25 bp	38.4 bp −$38	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	0.0000%	1h	32.689	−0.184%	$93K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.705	−0.133%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.217%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.730	−0.058%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.721	−0.085%	$490K	$1.6M	5x	as long as short
BloFin VVV-USDT	+0.0098%	4h	32.714	−0.107%	$1.4M	$1.8M	25x	as long as short
Phoenix VVV	+0.0098%	1h	32.808	+0.180%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.687	−0.191%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.749	+0.001%	$273K	$1.9M	10x	as long as short
Pacifica VVVshort	+0.0100%	1h	32.780	+0.095%	$188K	$183K	10x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.722	−0.082%	$34.4M	$156.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.712	−0.112%	$40.3M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.711	−0.116%	$4.8M	$43.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.716	−0.101%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.718	−0.095%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.735	−0.043%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.719	−0.092%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.714	−0.107%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.517	−0.707%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.690	−0.180%	$132K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.687	−0.190%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.712	−0.113%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.720	−0.088%	$3K	$106	5x	as long as short
Kalshi KXVVVPERP	+0.0101%	8h	32.838	+0.272%	$108K	$6.8M	1.7x	as long as short
edgeX VVVUSDC	+0.0102%	4h	32.769	+0.060%	$81K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.693	−0.172%	$324K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.726	−0.069%	$7K	$13K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.618%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.696	−0.160%	$401K	$594K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0170%	1h	32.687	−0.190%	$619K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0339%	1h	32.730	−0.059%	$125K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0512%	1h	32.711	−0.116%	$12K	$3K	3x	as long as short
Hyperliquid VVVlong	+0.0763%	1h	32.749	long leg	$76.5M	$55.5M	3x