Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.101%

Price spread now: Hyperliquid against Paradex−0.001%7-day average — · you buy dearer than you sell

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex VVV-USD-PERP	30.939	0.0100	pay 0.0100% / 8h	4h 21m	$3K	$73	5x
Short	Hyperliquid VVV	30.939	0.0100	get 0.0013% / 1h	21m 52s	$70.6M	$49.0M	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 −0.001%Rate

Funding earned: $0.02
Price spread: −0.001% → 0.000%: −$0.1
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$13.09
Costs to cover: 0.130%
Break-even: 5449.3 days

Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 12 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, 12 min ago	0.16 bp	11.6 bp −$12	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
RISEx VVV/USDC	−0.0299%	1h	30.935	−0.013%	$379K	$628K	5x	as long as short
Polymarket Perps VVV-USD	−0.0084%	1h	30.938	−0.004%	$129K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.952	+0.040%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	30.974	+0.112%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.079%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0040%	4h	30.936	−0.011%	$10.4M	$6.0M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0060%	1h	30.963	+0.076%	$86K	$24K	10x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.224%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.952	+0.041%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.956	+0.054%	$452K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERPlong	+0.0100%	8h	30.939	long leg	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.966	+0.086%	$112K	$858K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	30.939	−0.001%	$70.6M	$49.0M	3x
Aster VVVUSDT	+0.0100%	4h	30.942	+0.009%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.964	+0.080%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.929	−0.033%	$33.1M	$129.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.890	−0.158%	$38.4M	$43.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.894	−0.146%	$4.8M	$33.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.963	+0.077%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.938	−0.004%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.956	+0.054%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.912	−0.088%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.801	−0.446%	$1.9M	$290K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.948	+0.027%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.930	−0.030%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.952	+0.040%	$291K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.959	+0.065%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	30.830	−0.354%	$77K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0123%	4h	30.933	−0.020%	$1.3M	$1.6M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0134%	1h	30.954	+0.046%	$120K	$251K	5x	as long as short
Kalshi KXVVVPERP	+0.0149%	8h	30.963	+0.077%	$101K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.881	−0.188%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.945	+0.018%	$542K	—	100x	as long as short