VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.108%

Price spread now: Hyperliquid against Polymarket Perps−0.033%7-day average +0.080% · you buy dearer than you sell

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+0.322%+$32 on $10k

Price spread, last 3 days (all we have)−0.028%−$3 · spread now −0.033%, 7d avg +0.080%

Together, before fees+0.294%+ Points / potential airdropHyperliquid: Season 2 · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.113% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.080%). If the spread goes back, that is −$11 on $10k: about 33 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.322% in total) that is about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	32.008	0.0089	pay 0.0011% / 1h	22m 05s	$143K	$1.2M	3x
Short	Hyperliquid VVV	31.997	0.0100	get 0.0013% / 1h	22m 05s	$73.0M	$54.2M	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 −0.033%Rate

Funding earned: $2.39
Price spread: −0.033% → +0.080%: −$11.32
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: −$25.94
Costs to cover: 0.170%
Break-even: 83.1 days

Slippage unknown: Polymarket Perps: live order book, 6 min ago; 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 Polymarket Perps live order book, 6 min ago	3.15 bp	7.4 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 12 min ago	1.43 bp	11.2 bp −$11	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
Deribit VVV_USDC-PERPETUAL	−0.0038%	1h	31.984	−0.075%	$92K	$22K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.044	+0.112%	$119K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.992	−0.048%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.537%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0048%	4h	32.017	+0.028%	$1.3M	$1.7M	25x	as long as short
01 Exchange VVVUSD	+0.0056%	1h	32.056	+0.150%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.951	−0.178%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	32.061	+0.167%	$394K	$576K	5x	as long as short
Polymarket Perps VVV-USDlong	+0.0089%	1h	32.008	long leg	$143K	$1.2M	3x
Lighter VVV	+0.0096%	1h	31.999	−0.029%	$2.2M	$5.4M	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	31.982	−0.081%	$477K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.037	+0.092%	$148K	$781K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	31.997	−0.033%	$73.0M	$54.2M	3x
Aster VVVUSDT	+0.0100%	4h	32.023	+0.048%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.034	+0.082%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.969	−0.121%	$33.8M	$154.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.920	−0.275%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.920	−0.275%	$4.8M	$41.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.960	−0.150%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.984	−0.075%	$17.2M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.006	−0.006%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.918	−0.281%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.956	−0.162%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.838	−0.531%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.986	−0.070%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.981	−0.084%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.043	+0.109%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.986	−0.068%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.094	+0.270%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.836	−0.537%	$79K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.981	−0.084%	$560K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	32.028	+0.062%	$206K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0273%	1h	31.992	−0.049%	$122K	$381K	5x	as long as short