VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0582%/8h= −63.7% APRnext payment −$0.73 per $10,000 · paid last 24h −0.023%

Price spread now: RISEx against Hyperliquid−0.042%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Hyperliquid Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.156%+$16 on $10k

Price spread, last 7 days−0.039%−$4 · spread now −0.042%, 7d avg −0.086%

Together, before fees+0.117%+ Points / potential airdropHyperliquid: Season 2 · farm board+$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.044% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.042% now, against its 7-day average of −0.086%): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 3 days funding on this pair paid +0.156%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.156% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.73 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	32.781	0.0757	pay 0.0095% / 1h	43m 18s	$76.6M	$55.4M	3x
Short	RISEx VVV/USDC	32.767	0.0175	get 0.0022% / 1h	43m 18s	$402K	$594K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$122.15
Price spread: −0.042% → −0.086%: $4.36
Slippage, 4 orders: −$16.44
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$149.22
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 10 min ago; RISEx: live order book, 40 min ago.

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, 10 min ago	0.15 bp	11.4 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 40 min ago	1.91 bp	5.0 bp −$5	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
Kalshi KXVVVPERP	0.0000%	8h	32.821	+0.122%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.724	−0.175%	$93K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.713	−0.208%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.119%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	32.763	−0.054%	$2.3M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.742	−0.119%	$490K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.696	−0.259%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.739	−0.127%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.745	−0.109%	$272K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.785	+0.013%	$188K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.740	−0.125%	$34.4M	$156.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.713	−0.207%	$40.3M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.786	+0.015%	$4.8M	$43.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.718	−0.192%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.752	−0.088%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.749	−0.098%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.745	−0.110%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.705	−0.232%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.517	−0.804%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.750	−0.095%	$142K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.730	−0.156%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.703	−0.238%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.777	−0.013%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.732	−0.149%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.721	−0.184%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	32.692	−0.273%	$81K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0112%	4h	32.764	−0.052%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.715%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDCshort	+0.0175%	1h	32.767	−0.042%	$402K	$594K	5x
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.704	−0.236%	$596K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0327%	1h	32.769	−0.036%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0504%	1h	32.823	+0.128%	$12K	$3K	3x	as long as short
Hyperliquid VVVlong	+0.0757%	1h	32.781	long leg	$76.6M	$55.4M	3x