Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.105%

Price spread now: Hyperliquid against Pacifica−0.009%7-day average +0.062% · you buy dearer than you sell

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

Long on Pacifica Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.009%, 7d avg +0.062%

Together, before fees+0.397%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$40 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 0.071% cheaper against Pacifica than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	30.934	0.0100	pay 0.0013% / 1h	14m 52s	$184K	$175K	10x
Short	Hyperliquid VVV	30.931	0.0100	get 0.0013% / 1h	14m 52s	$70.5M	$53.9M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Pacifica. 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 PacificabpFee HyperliquidbpOrdersPrice spread, now −0.009%Rate

Funding earned: $0
Price spread: −0.009% → +0.062%: −$7.11
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$24.11
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 12 min ago; Hyperliquid: live order book, 13 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 Pacifica live order book, 12 min ago	14.90 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 13 min ago	0.16 bp	15.7 bp −$16	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	31.068	+0.434%	$120K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.905	−0.092%	$89K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	30.890	−0.143%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.098%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0056%	4h	30.920	−0.044%	$1.3M	$1.7M	25x	as long as short
Gate VVV_USDT	+0.0086%	4h	30.819	−0.371%	$10.5M	$7.6M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.914	−0.065%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.902	−0.103%	$456K	$1.5M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.870	−0.206%	$144K	$777K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	30.931	−0.009%	$70.5M	$53.9M	3x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	30.940	+0.020%	$271K	$1.8M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	30.934	long leg	$184K	$175K	10x
Binance VVVUSDT	+0.0100%	4h	30.860	−0.238%	$32.5M	$154.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.844	−0.289%	$38.1M	$51.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.852	−0.264%	$4.6M	$40.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.888	−0.148%	$16.6M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.875	−0.190%	$2.3M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.843	−0.293%	$5.6M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.871	−0.203%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.967	+0.107%	$2.0M	$184K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	30.837	−0.313%	$123K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	30.896	−0.121%	$1K	$343	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.924	−0.032%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.898	−0.116%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	30.937	+0.010%	$309K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.911	−0.075%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.950	+0.054%	$77K	$331K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0151%	1h	30.950	+0.052%	$117K	$381K	5x	as long as short
Phoenix VVV	+0.0174%	1h	31.034	+0.324%	$54K	$279K	5x	as long as short
RISEx VVV/USDC	+0.0208%	1h	30.863	−0.230%	$377K	$579K	5x	as long as short
01 Exchange VVVUSD	+0.0224%	1h	30.856	−0.251%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0296%	1h	30.984	+0.161%	$163K	$1.1M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0435% / S −0.0202%	1h	30.886	−0.154%	$512K	—	100x	as long as short