VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.08 per $10,000 · paid last 24h +0.093%

Price spread now: Hyperliquid against Injective−3.547%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Hyperliquid is 3.547% cheaper against Injective than usual: you would sell low and buy high (spread −3.547% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$355 on $10k: about 6 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	5m 05s	$2K	$1K	5.5x
Short	Hyperliquid VVV	31.656	0.0100	get 0.0013% / 1h	5m 05s	$70.4M	$43.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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 InjectivebpFee HyperliquidbpOrdersPrice spread, now −3.547%Rate

Funding earned: $14
Price spread: −3.547% → 0.000%: −$354.66
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$349.68
Costs to cover: 0.090%
Break-even: 181.8 days

Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 9 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 Injective no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 9 min ago	0.16 bp	5.3 bp −$5	5.3 bp −$53	doesn't fit	doesn't fit

Injective: 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 32 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	−0.0349%	1h	31.598	−3.724%	$387K	$698K	5x	as long as short
Gate VVV_USDT	−0.0140%	4h	31.588	−3.754%	$12.1M	$5.0M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.604	−3.705%	$108K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.613	−3.679%	$88K	$20K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−4.526%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.585	−3.762%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVV	+0.0096%	1h	31.614	−3.676%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.622	−3.650%	$503K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.570	−3.808%	$3K	$50	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.600	−3.717%	$189K	$1.0M	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	31.656	−3.547%	$70.4M	$43.2M	3x
Aster VVVUSDT	+0.0100%	4h	31.648	−3.570%	$249K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.583	−3.771%	$186K	$117K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.655	−3.549%	$33.5M	$104.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.627	−3.635%	$38.5M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.643	−3.586%	$4.8M	$25.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.627	−3.635%	$7.3M	$5.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.617	−3.665%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.635	−3.611%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.620	−3.656%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.545	−3.884%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.604	−3.705%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.613	−3.678%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.640	−3.597%	$295K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.615	−3.672%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	31.657	−3.543%	$79K	$324K	10x	as long as short
BloFin VVV-USDT	+0.0137%	4h	31.611	−3.684%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0229%	1h	31.601	−3.714%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0288%	1h	31.638	−3.601%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.555	−3.854%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0715%	1h	31.651	−3.563%	$168K	$268K	5x	as long as short