Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.107%

Price spread now: Hyperliquid against KuCoin+0.246%7-day average +0.075% · you sell dearer than you buy

Net, funding: paid 7d − costs−$75as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$970.970% of the position

Long on KuCoin Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.221%+$22 on $10k

Price spread, last 7 days−0.279%−$28 · spread now +0.246%, 7d avg +0.075%

Together, before fees−0.059%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.171% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.075%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	32.118	0.0100	pay 0.0050% / 4h	57m 31s	$2.0M	$2.8M	20x
Short	Hyperliquid VVV	32.197	0.0100	get 0.0013% / 1h	57m 31s	$74.5M	$56.0M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against KuCoin. 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 KuCoinbpFee HyperliquidbpOrdersPrice spread, now +0.246%Rate

Funding earned: $0
Price spread: +0.246% → +0.075%: $17.1
Slippage, 4 orders: −$75.99
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$79.9
Costs to cover: 0.970%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Hyperliquid: live order book, 6 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 KuCoin live order book, 10 min ago	10.71 bp	31.5 bp −$31	843.6 bp −$8,436	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 6 min ago	2.02 bp	7.1 bp −$7	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	32.130	+0.037%	$113K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.119	+0.004%	$91K	$23K	10x	as long as short
Polymarket Perps VVV-USD	+0.0003%	1h	32.155	+0.115%	$146K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.193	+0.233%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.186%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.123	+0.017%	$394K	$605K	5x	as long as short
01 Exchange VVVUSD	+0.0064%	1h	32.146	+0.087%	$11K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.141	+0.071%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	32.100	−0.056%	$477K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.054	−0.199%	$56K	$299K	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	32.158	+0.125%	$125K	$796K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	32.197	+0.246%	$74.5M	$56.0M	3x
Aster VVVUSDT	+0.0100%	4h	32.144	+0.082%	$264K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.125	+0.020%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.177	+0.185%	$33.7M	$157.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.161	+0.134%	$39.5M	$52.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.168	+0.156%	$4.7M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.129	+0.034%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.154	+0.112%	$6.3M	$7.0M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	32.118	long leg	$2.0M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	32.161	+0.134%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.174	+0.174%	—	$5.5M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	32.148	+0.092%	$121K	$361K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.134	+0.050%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.118	+0.002%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.113	−0.016%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.128	+0.033%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.123	+0.016%	$323K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.104	−0.043%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	32.042	−0.236%	$80K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0142%	4h	32.054	−0.199%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0184% / S +0.0169%	1h	32.104	−0.042%	$616K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.233	+0.356%	$242K	$1.4M	25x	as long as short