Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.080%

Price spread now: Hyperliquid against MEXC+0.077%7-day average +0.040% · you sell dearer than you buy

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

Long on MEXC Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.166%+$17 on $10k

Price spread, last 7 days−0.026%−$3 · spread now +0.077%, 7d avg +0.040%

Together, before fees+0.140%+ Points / potential airdropHyperliquid: Season 2 · farm board+$14 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 0.037% dearer against MEXC than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC VVV_USDT	31.218	0.0100	pay 0.0050% / 4h	2h 56m	$16.8M	$6.9M	50x
Short	Hyperliquid VVV	31.242	0.0100	get 0.0013% / 1h	56m 48s	$71.2M	$54.1M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against MEXC. 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 MEXCbpFee HyperliquidbpOrdersPrice spread, now +0.077%Rate

Funding earned: $0
Price spread: +0.077% → +0.040%: $3.73
Slippage, 4 orders: no order book: not counted
Fee MEXC: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$5.27
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 2 min ago; Hyperliquid: live order book, 7 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 MEXC live order book, 2 min ago	0.80 bp	1.0 bp −$1	39.7 bp −$397	231.5 bp −$23.1K	doesn't fit
Sell Hyperliquid live order book, 7 min ago	0.80 bp	doesn't fit	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
01 Exchange VVVUSD	−0.0080%	1h	31.174	−0.141%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.179	−0.125%	$104K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.183	−0.114%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.181	−0.117%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.132%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.189	−0.092%	$381K	$573K	5x	as long as short
Lighter VVV	+0.0096%	1h	31.190	−0.089%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.173	−0.144%	$459K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.189	−0.091%	$144K	$778K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	31.242	+0.077%	$71.2M	$54.1M	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	31.222	+0.011%	$274K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.195	−0.072%	$185K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.208	−0.033%	$33.0M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.206	−0.040%	$38.5M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.212	−0.019%	$4.7M	$40.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.216	−0.006%	$10.6M	$7.6M	25x	as long as short
MEXC VVV_USDTlong	+0.0100%	4h	31.218	long leg	$16.8M	$6.9M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.189	−0.093%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.196	−0.070%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.244	+0.083%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.138	−0.255%	$2.0M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.160	−0.186%	$130K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.171	−0.151%	$1K	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.182	−0.115%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.176	−0.135%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.222	+0.013%	$311K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.191	−0.086%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.176	−0.133%	$77K	$329K	10x	as long as short
BloFin VVV-USDT	+0.0156%	4h	31.188	−0.096%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0174%	1h	31.136	−0.263%	$54K	$279K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.124	−0.301%	$178K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0333%	1h	31.216	−0.008%	$118K	$381K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0204%	1h	31.169	−0.158%	$520K	—	100x	as long as short