VVV

腿	交易所	价格	费率 /8h	每次结算	距下次结算	OI	24h 成交量	杠杆
做多	BybitVVVUSDT	21.957	−0.0362	收取 0.0181% / 4h	1h 29m	$21.9M	$23.8M	20x	做多 Bybit
做空	HyperliquidVVV	21.949	+0.0100	收取 0.0013% / 1h	29m 06s	$61.4M	$15.5M	3x	做空 Hyperliquid减 4%

价差−0.036%

资金费率差+0.0462% /8h

$10k 仓位每天收取 +$14 资金费，但价差比其 7 日均值低 0.100%：若价差回归，结果为 −$10，约相当于 17 小时的资金费。按最近 7 天的实际结算速度，约为 3.6 天。

现在开仓并持有

每条腿 $10k · 为过去 7D 的实际数据，并非预测

资金费率+$20当前 +0.0462% /8h · 过去 7D 已结算 +0.196%

价格−$10当前价差 −0.036%，均值 +0.064% → 若回归可得 −0.100%

成本−$68$10k 的 0.676% · 吃单手续费 + 滑点，含开仓和平仓

结果−$58−0.58%+ 积分 / 潜在空投Hyperliquid: 第 2 季 · 刷积分看板

当前资金费率远高于该组合一直以来的实际水平：过去 7 天合计结算 +0.196%，平均约 +0.0094%/8h。

价格与资金费率

1h · 历史数据

开仓 / 平仓

价差

价格

资金费率每 8 小时

开仓 / 平仓 · 7D

当前开仓—

开仓均值—

最佳开仓—

当前平仓—

平仓均值—

最佳平仓—

免费平仓—

价差 · 7D

当前−0.036%

平均—

区间—

比当前更宽—

资金费率差 · 7D

平均 /8h—

最高—

最低—

收到资金费—

过去 7D 的价差分布

各水平所占的时间比例

所有交易所的资金费率

/8h

35 家交易所的 VVV

资金费率从低到高

开仓前检查

1 项正常 · 4 项需留意

需留意: 该仓位下深度不足21.9 / 11.6 bp
以 $10k 在 Bybit 开仓的成本为 21.9 bp（手续费加滑点），是 Hyperliquid 的 1.9 倍。
说明: 最高杠杆下的保证金$500 + $3,333
Bybit 20x，Hyperliquid 3x。建议准备约 2 倍的保证金，以免行情剧烈波动时其中一条腿被强平。
需留意: 结算周期不同4h / 1h
两条腿的结算时间不同。请在周期较长的那条腿结算后立即平仓。
按当前费率，每条腿 $10k，未来 24 小时：+$13.86做多 Bybit：6 次结算，+$10.86；做空 Hyperliquid：24 次结算，+$3.00。
需留意: 价差低于平时−0.036% vs +0.064%
价格腿的获利空间较小。若价差回到均值，空头亏损。
说明: 多头腿深度较薄$21.9M vs $61.4M OI
两条腿深度都充足，Bybit 是较小的一边。
正常: 有一条腿可赚积分Hyperliquid 第 2 季
在此产生的成交量计入积分计划。
需留意: KYCBybit 需要 · Hyperliquid 无需
所有产品均须完成标准身份验证。

收益计算器

两条腿，含开仓和平仓

每条腿仓位

持有时间

订单类型

价差

资金费率

资金费收益+0.0094%/8h × 21 个周期+$19.64

价差−0.036% → +0.064%（7 日均值）−$10.00

滑点，4 笔订单实时订单簿−$47.64

Bybit 手续费 bp × 2 笔订单−$11.00

Hyperliquid 手续费 bp × 2 笔订单−$9.00

净收益 · 7 天 · $10k−$58.00

需覆盖的成本0.676%回本时间27.7 天

滑点：Bybit：实时订单簿，3 分钟前；Hyperliquid：实时订单簿，3 分钟前

开仓成本

吃单手续费 + 相对中间价的滑点，单边

买入 · 做多Bybit0.4621.9 bp−$2267.4 bp−$674容纳不下容纳不下

卖出 · 做空Hyperliquid2.7411.6 bp−$1228.6 bp−$28685.0 bp−$8,499容纳不下

平仓还需再付大致相同的成本。

VVV 资讯

各交易所提到 VVV 的公告

11-02 14:33	Perpl	上线	October Updates Here's what we shipped this month. Product: >NEAR, UNI and VVV perps now live >Standard fee model: charged on open and close. Same rates, same total fee >One-click reverse to flip an open position >Real-Time Funding Rates page with every market's rate, interval and next funding countdown >Funding heatmap showing the last 24h of funding per market, longs vs shorts >Market depth chart showing bid and ask liquidity >CSV export for trade, order, P&L and account history >7-day range added to Dashboard charts >Featured Builders section for third-party tools built on Perpl >Failed orders now show the exact reason >Order book snapshot added to the Market Data API >Margin Usage now shows equity committed to positions >Wallet detection, deposit flow and multiple display fixes read more: Community: > 3,261,041 trades in the last 30 days >$200k in mPoints distributed >mPoints extended 3 weeks with $50K in weekly trading rewards >MON rewards distributed within a week of the program ending >Metropolis hackathon completed: $5K for Best Use of API, $3K for Best Analytics / Risk Tool More soon. X 上的 @perpltrade ↗
10-31 16:14	Derive	大赛	October at Derive: ➤ V3 Live. Launched with Ethereum custody, ZK proofs, sub-millisecond matching and no-code vaults. ➤ Governance. Submitted a CFTC comment letter on conflicts and affiliations. Proposed expansion into US-regulated derivatives markets through governance. ➤ Volume. $3.47B month to date, including $2.94B in options and ~$4B open interest. ➤ Trading. Added RFQ Price Protection, PUMP and VVV markets as well as LIT as collateral. ➤ HYPE. Integrating Elysium by @Kinetiq_xyz. Launched Road to Expiry with Kinetiq, a HYPE options contest with a ~$40k prize pool. Lowered margin and more borrowing power against HYPE and kHYPE. X 上的 @DeriveXYZ ↗
10-29 13:21	Orderly	上线	Another one hits the order book 🟣 $VVV, the native token of @AskVenice, is now LIVE as a perp on Orderly Go long or short across 500+ Orderly-powered DEXs X 上的 @OrderlyNetwork ↗
10-28 15:05	Orderly	上线	新市场 PERP_VVV_USDC_mythos ($VVV) 由我们的采集程序发现
10-26 07:15	AZverse	上线	新市场 vvv_usdt ($VVV) 由我们的采集程序发现
10-01 00:11	Derive	代币	September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. X 上的 @DeriveXYZ ↗

VVV