After costs, if the gap returns to its 7d average, $10k−$59
spread now+0.117%7d average+0.135%fees + slippage, in and out−$57spread needed0.570%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit VVVUSDT | 31.981 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $39.8M | $48.1M | 20x |
| Short | Hyperliquid VVV | 32.018 | 0.0207 | get 0.0026% / 1h | 5m 45s | $76.4M | $51.1M | 3x |
Bybit VVVUSDT
Hyperliquid VVVPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $11.69
- Funding while held
- $3.2
- Slippage, 4 orders
- −$36.97
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$42.08
- Spread needed to break even
- 0.570%
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 9 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0107%
- Per $10,000 a day
- +$3.20
- Average in range /8h
- —
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 Bybit live order book, 5 min ago | 1.25 bp | 15.9 bp −$16 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 9 min ago | 0.94 bp | 5.7 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.01 Exchange31.960cheapest
Bybit31.981+0.064%
Bitget31.990+0.094%Extended31.999+0.122%Binance32.002+0.131%BingX32.003+0.135%Gate32.004+0.138%OKX32.005+0.141%BloFin32.006+0.144%Variational Omni32.008+0.150%RISEx32.010+0.157%MEXC32.011+0.160%
Bitget
Extended
Binance
BingX
Gate
OKX
BloFin
Variational Omni
RISEx
MEXCHyperliquid32.018+0.181%
Aster32.022+0.193%Paradex32.023+0.198%Pacifica32.029+0.215%Kalshi32.038+0.244%edgeX32.039+0.246%KuCoin32.052+0.288%Nado32.053+0.293%Lighter32.057+0.304%Lighter RH32.062+0.319%Polymarket Perps32.063+0.322%Backpack32.063+0.323%Coinbase International32.071+0.348%Derive32.073+0.353%Phoenix32.075+0.360%GMX32.077+0.367%gTrade (Gains Network)32.083+0.384%Deribit32.083+0.385%Aevo32.089+0.403%Phemex32.089+0.404%Injective32.820+2.691%
Aster
Paradex
Pacifica
KuCoin
Nado
Lighter
Lighter RH
Polymarket Perps
Backpack
Coinbase International
Derive
Phoenix
GMX
gTrade (Gains Network)
Deribit
Aevo
Phemex
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange VVVUSD | −0.064% | −0.0480% | 1h | $11K | $5K | 3x | as long as short |
| Bybit VVVUSDTlong | 0.000% | +0.0100% | 4h | $39.8M | $48.1M | 20x | |
| Bitget VVVUSDT | +0.029% | +0.0100% | 4h | $5.8M | $7.9M | 20x | as long as short |
| Extended VVV-USD | +0.057% | +0.0104% | 1h | $308K | $1.7M | 5x | as long as short |
| Binance VVVUSDT | +0.067% | +0.0100% | 4h | $36.1M | $149.1M | 25x | as long as short |
| BingX VVV-USDT | +0.070% | +0.0100% | 4h | — | $4.7M | — | as long as short |
| Gate VVV_USDT | +0.073% | +0.0100% | 4h | $10.8M | $8.0M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.076% | +0.0100% | 4h | $5.2M | $41.3M | 20x | as long as short |
| BloFin VVV-USDT | +0.079% | +0.0155% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Variational Omni VVV | +0.086% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | +0.093% | +0.0358% | 1h | $383K | $565K | 5x | as long as short |
| MEXC VVV_USDT | +0.095% | +0.0100% | 4h | $15.7M | $7.0M | 50x | as long as short |
| Hyperliquid VVVshort | +0.117% | +0.0207% | 1h | $76.4M | $51.1M | 3x | |
| Aster VVVUSDT | +0.129% | +0.0100% | 4h | $390K | $1.6M | 10x | as long as short |
| Paradex VVV-USD-PERP | +0.133% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| Pacifica VVV | +0.151% | +0.0100% | 1h | $173K | $236K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.179% | +0.0144% | 8h | $139K | $7.4M | 1.7x | as long as short |
| edgeX VVVUSDC | +0.182% | +0.0112% | 4h | $76K | $311K | 10x | as long as short |
| KuCoin VVVUSDTM | +0.223% | +0.0100% | 4h | $1.9M | $2.3M | 20x | as long as short |
| Nado VVV-PERP | +0.228% | +0.0100% | 1h | $151K | $631K | 3x | as long as short |
| Lighter VVV | +0.239% | +0.0096% | 1h | $2.4M | $4.8M | 5x | as long as short |
| Lighter RH VVV | +0.255% | +0.0096% | 1h | $490K | $1.5M | 5x | as long as short |
| Polymarket Perps VVV-USD | +0.258% | +0.0100% | 1h | $128K | $803K | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.258% | +0.0358% | 1h | $140K | $355K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.283% | +0.0232% | 1h | $163K | $1.3M | 25x | as long as short |
| Derive VVV-PERP | +0.288% | +0.0100% | 1h | $428 | $343 | 5x | as long as short |
| Phoenix VVV | +0.295% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.302% | L +0.0486% / S −0.0238% | 1h | $533K | — | 100x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.320% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.321% | 0.0000% | 1h | $99K | $13K | 10x | as long as short |
| Aevo VVV-PERP | +0.338% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Phemex VVVUSDT | +0.339% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| Injective VVV/USDC PERP | +2.625% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |