Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.101%

Price spread now: Gate against Hyperliquid+0.036%7-day average −0.140% · you sell dearer than you buy

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

Long on Hyperliquid Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.306%−$31 on $10k

Price spread, last 7 days−0.163%−$16 · spread now +0.036%, 7d avg −0.140%

Together, before fees−0.468%+ Points / potential airdropHyperliquid: Season 2 · farm board−$47 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.176% dearer against Hyperliquid than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of −0.140%): +$18 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid VVV	30.653	0.0100	pay 0.0013% / 1h	51m 36s	$70.3M	$49.9M	3x
Short	Gate VVV_USDT	30.664	0.0026	get 0.0013% / 4h	51m 36s	$10.3M	$5.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.036%Rate

Funding earned: −$15.54
Price spread: +0.036% → −0.140%: $17.58
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$21.96
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 12 min ago; Gate: 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, 12 min ago	1.61 bp	16.0 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	7.95 bp	27.3 bp −$27	131.2 bp −$1,312	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	−0.0299%	1h	30.666	+0.041%	$376K	$641K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0053%	1h	30.637	−0.053%	$85K	$24K	10x	as long as short
Polymarket Perps VVV-USD	−0.0022%	1h	30.776	+0.401%	$125K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.636	−0.056%	$23K	—	150x	as long as short
Gate VVV_USDTshort	+0.0026%	4h	30.664	+0.036%	$10.3M	$5.9M	25x
01 Exchange VVVUSD	+0.0032%	1h	30.700	+0.153%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.069%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.667	+0.045%	$150K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.662	+0.030%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVV	+0.0096%	1h	30.663	+0.033%	$462K	$1.5M	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-PERP	+0.0100%	8h	30.664	+0.036%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.766	+0.369%	$111K	$859K	3x	as long as short
Hyperliquid VVVlong	+0.0100%	1h	30.653	long leg	$70.3M	$49.9M	3x
Aster VVVUSDT	+0.0100%	4h	30.679	+0.086%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.678	+0.082%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.665	+0.039%	$32.5M	$134.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.652	−0.004%	$38.1M	$45.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.684	+0.101%	$4.7M	$34.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.661	+0.026%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.692	+0.127%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.656	+0.010%	$5.6M	$7.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.676	+0.075%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.857	+0.665%	$1.9M	$279K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.636	−0.056%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.701	+0.157%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.660	+0.024%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.674	+0.069%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0109%	4h	30.816	+0.532%	$77K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0138%	4h	30.830	+0.577%	$1.3M	$1.6M	25x	as long as short
Kalshi KXVVVPERP	+0.0164%	8h	30.754	+0.329%	$98K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.626	−0.087%	$552K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.832	+0.584%	$36K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0379%	1h	30.661	+0.027%	$120K	$257K	5x	as long as short