Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%

Price spread now: Hyperliquid against Polymarket Perps+0.104%7-day average +0.098% · you sell dearer than you buy

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

Long on Polymarket Perps Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days+0.316%+$32 on $10k

Price spread, last 7 days+0.004%$0 · spread now +0.104%, 7d avg +0.098%

Together, before fees+0.320%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	31.636	0.0100	pay 0.0013% / 1h	8m 21s	$122K	$1.4M	3x
Short	Hyperliquid VVV	31.669	0.0100	get 0.0013% / 1h	8m 21s	$70.9M	$46.1M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Polymarket Perps. 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 Polymarket PerpsbpFee HyperliquidbpOrdersPrice spread, now +0.104%Rate

Funding earned: $0
Price spread: +0.104% → +0.098%: $0.63
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$16.37
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 5 min ago; Hyperliquid: live order book, 5 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 Polymarket Perps live order book, 5 min ago	3.01 bp	7.6 bp −$8	7.7 bp −$77	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 5 min ago	0.95 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.568	−0.214%	$188K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.605	−0.098%	$388K	$648K	5x	as long as short
01 Exchange VVVUSD	−0.0024%	1h	31.620	−0.051%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.622	−0.044%	$92K	$5.4M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.659	+0.071%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.660	+0.075%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.743%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.617	−0.060%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.629	−0.022%	$465K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.629	−0.021%	$3K	$73	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	31.639	+0.011%	$141K	$923K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	31.669	+0.104%	$70.9M	$46.1M	3x
Aster VVVUSDT	+0.0100%	4h	31.633	−0.009%	$251K	$948K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.637	+0.004%	$187K	$126K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.648	+0.039%	$34.0M	$118.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.652	+0.051%	$38.7M	$40.9M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.651	+0.047%	$4.9M	$30.1M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.624	−0.038%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.655	+0.060%	$7.0M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.623	−0.041%	$1.7M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.641	+0.016%	$5.8M	$6.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.659	+0.073%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.568	−0.214%	$2.0M	$354K	—	as long as short
Polymarket Perps VVV-USDlong	+0.0100%	1h	31.636	long leg	$122K	$1.4M	3x
Phemex VVVUSDT	+0.0100%	4h	31.634	−0.006%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.667	+0.097%	$303K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.632	−0.014%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.624	−0.038%	$79K	$330K	10x	as long as short
BloFin VVV-USDT	+0.0109%	4h	31.624	−0.038%	$1.4M	$1.5M	25x	as long as short
Phoenix VVV	+0.0307%	1h	31.623	−0.041%	$33K	$232K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0420%	1h	31.651	+0.047%	$155K	$269K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0435% / S −0.0206%	1h	31.656	+0.065%	$509K	—	100x	as long as short