Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.030%
Price spread now: Hyperliquid against Lighter+0.011%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.157%−$16 on $10k
Price spread, last 7 days−0.050%−$5 · spread now +0.011%, 7d avg +0.002%
Together, before fees−0.207%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$21 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter VVV32.2950.0096pay 0.0012% / 1h48m 49s$2.3M$5.5M5x
ShortHyperliquid VVV32.2990.0100get 0.0013% / 1h48m 49s$74.8M$55.9M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Lighter. 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

Funding earned
$0.84
Price spread: +0.011% → +0.002%
$0.92
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$7.24
Costs to cover
0.090%
Break-even
67.3 days
Slippage unknown: Lighter: live order book, 4 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 4 min ago3.96 bp7.4 bp −$735.9 bp −$359doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago0.62 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

VVV on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps VVV-USD0.0000%1h32.266−0.091%$147K$1.2M3xas long as short
Kalshi KXVVVPERP0.0000%8h32.344+0.151%$112K$6.9M1.7xas long as short
Deribit VVV_USDC-PERPETUAL0.0000%1h32.269−0.081%$91K$23K10xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.297+0.007%$19K150xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+1.625%$2K$1K5.5xas long as short
RISEx VVV/USDC+0.0040%1h32.260−0.109%$396K$604K5xas long as short
BloFin VVV-USDT+0.0059%4h32.282−0.041%$1.3M$1.8M25xas long as short
01 Exchange VVVUSD+0.0064%1h32.269−0.081%$12K$3K3xas long as short
Lighter VVVlong+0.0096%1h32.295long leg$2.3M$5.5M5x
Lighter RH VVV+0.0096%1h32.259−0.112%$479K$1.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado VVV-PERP+0.0100%1h32.275−0.064%$136K$815K3xas long as short
Hyperliquid VVVshort+0.0100%1h32.299+0.011%$74.8M$55.9M3x
Aster VVVUSDT+0.0100%4h32.297+0.005%$265K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.298+0.010%$193K$191K10xas long as short
Binance VVVUSDT+0.0100%4h32.314+0.059%$33.8M$157.1M25xas long as short
Bybit VVVUSDT+0.0100%4h32.308+0.039%$39.7M$52.6M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.311+0.049%$4.7M$42.9M20xas long as short
Gate VVV_USDT+0.0100%4h32.305+0.030%$10.9M$7.5M25xas long as short
MEXC VVV_USDT+0.0100%4h32.324+0.089%$6.4M$7.0M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.309+0.042%$2.0M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h32.302+0.021%$5.9M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.313+0.055%$5.5Mas long as short
Variational Omni VVV+0.0100%4h32.313+0.056%$2.1M$183Kas long as short
Derive VVV-PERP+0.0100%1h32.272−0.072%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h32.271−0.075%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.264−0.097%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h32.308+0.040%$325K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h32.306+0.033%$7K$13K3xas long as short
edgeX VVVUSDC+0.0108%4h32.318+0.071%$80K$333K10xas long as short
Phoenix VVV+0.0124%1h32.295−0.001%$56K$299K5xas long as short
Backpack VVV_USDC_PERP+0.0127%1h32.300+0.014%$122K$359K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0183% / S +0.0170%1h32.284−0.034%$621K100xas long as short
Coinbase International VVV-PERP-INTX+0.0192%1h32.278−0.054%$242K$1.3M25xas long as short