Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.058%

Price spread now: Binance against Hyperliquid−0.089%7-day average −0.036% · you buy dearer than you sell

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

Long on Hyperliquid Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.146%−$15 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.089%, 7d avg −0.036%

Together, before fees−0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board−$10 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: Binance is 0.053% cheaper against Hyperliquid than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.036%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid VVV	31.397	0.0100	pay 0.0013% / 1h	56m 00s	$70.1M	$44.2M	3x
Short	Binance VVVUSDT	31.369	0.0100	get 0.0050% / 4h	3h 56m	$33.4M	$110.6M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Hyperliquid. 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 HyperliquidbpFee BinancebpOrdersPrice spread, now −0.089%Rate

Funding earned: $0
Price spread: −0.089% → −0.036%: −$5.33
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$24.33
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 8 min ago; Binance: live order book, 2 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 Hyperliquid live order book, 8 min ago	1.59 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 2 min ago	0.16 bp	12.8 bp −$13	34.7 bp −$347	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
RISEx VVV/USDC	−0.0349%	1h	31.357	−0.128%	$388K	$673K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0037%	1h	31.369	−0.090%	$87K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.442	+0.143%	$93K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.404	+0.022%	$187K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.375	−0.070%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.532%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.382	−0.047%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	31.381	−0.051%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.386	−0.034%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.371	−0.081%	$162K	$951K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVVlong	+0.0100%	1h	31.397	long leg	$70.1M	$44.2M	3x
Aster VVVUSDT	+0.0100%	4h	31.383	−0.045%	$248K	$524K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.413	+0.051%	$185K	$121K	10x	as long as short
Binance VVVUSDTshort	+0.0100%	4h	31.369	−0.089%	$33.4M	$110.6M	25x
Bybit VVVUSDT	+0.0100%	4h	31.349	−0.153%	$38.2M	$39.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.349	−0.153%	$4.8M	$27.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.372	−0.080%	$11.7M	$4.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.379	−0.057%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.411	+0.045%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.341	−0.178%	$5.7M	$6.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.373	−0.076%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.421	+0.076%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.384	−0.041%	$129K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.493	+0.305%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.423	+0.083%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.365	−0.101%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.397	−0.001%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.471	+0.237%	$78K	$328K	10x	as long as short
BloFin VVV-USDT	+0.0144%	4h	31.491	+0.299%	$1.4M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.454	+0.182%	$33K	$197K	5x	as long as short
01 Exchange VVVUSD	+0.0392%	1h	31.385	−0.038%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0215%	1h	31.368	−0.094%	$504K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0922%	1h	31.391	−0.019%	$159K	$267K	5x	as long as short