Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.109%

Price spread now: Hyperliquid against Paradex+0.061%7-day average — · you sell dearer than you buy

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

Long on Paradex 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 airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.061% dearer against Paradex than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	32.061	0.0100	pay 0.0100% / 8h	7h 42m	$3K	$106	5x
Short	Hyperliquid VVV	32.081	0.0100	get 0.0013% / 1h	42m 13s	$74.3M	$55.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Paradex. 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 ParadexbpFee HyperliquidbpOrdersPrice spread, now +0.061%Rate

Funding earned: $0
Price spread: +0.061% → 0.000%: $6.13
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$6.87
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 11 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 Paradex no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	1.73 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Paradex: 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 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
Polymarket Perps VVV-USD	−0.0289%	1h	32.046	−0.048%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0096%	1h	32.067	+0.018%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.064	+0.009%	$394K	$602K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.100	+0.121%	$109K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.014	−0.148%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.082	+0.063%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.366%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0070%	4h	32.037	−0.076%	$10.8M	$7.3M	25x	as long as short
BloFin VVV-USDT	+0.0095%	4h	32.091	+0.092%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	32.036	−0.078%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	32.029	−0.101%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.067	+0.019%	$126K	$850K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	32.081	+0.061%	$74.3M	$55.2M	3x
Aster VVVUSDT	+0.0100%	4h	32.076	+0.046%	$262K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.092	+0.096%	$192K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.048	−0.042%	$33.7M	$155.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.067	+0.018%	$39.4M	$51.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.068	+0.021%	$4.7M	$41.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.064	+0.008%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.090	+0.089%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.039	−0.070%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.064	+0.008%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.110	+0.150%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.066	+0.014%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.066	+0.015%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPlong	+0.0100%	8h	32.061	long leg	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	32.061	−0.002%	$302K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.065	+0.011%	$6K	—	3x	as long as short
Backpack VVV_USDC_PERP	+0.0104%	1h	32.079	+0.054%	$124K	$333K	5x	as long as short
edgeX VVVUSDC	+0.0117%	4h	32.009	−0.163%	$80K	$335K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.065	+0.013%	$580K	—	100x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0208%	1h	32.077	+0.050%	$91K	$23K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	32.051	−0.032%	$241K	$1.3M	25x	as long as short