Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.012%

Price spread now: Lighter RH against Binance−0.041%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$460.464% of the position

Long on Binance Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.469%+$47 on $10k

Price spread, last 7 days−0.149%−$15 · spread now −0.041%, 7d avg +0.014%

Together, before fees+0.320%+ Points / potential airdropLighter RH: Points live · farm board+$32 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.056% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.014%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance VVVUSDT	31.408	0.0100	pay 0.0050% / 4h	3h 56m	$33.5M	$110.6M	25x
Short	Lighter RH VVV	31.395	0.0096	get 0.0012% / 1h	56m 49s	$462K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Binance. 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 BinancebpFee Lighter RHbpOrdersPrice spread, now −0.041%Rate

Funding earned: −$0.84
Price spread: −0.041% → +0.014%: −$5.55
Slippage, 4 orders: −$36.36
Fee Binance: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$52.75
Costs to cover: 0.464%
Break-even: never at this rate

Slippage from Binance: live order book, 1 min ago; Lighter RH: live order book, 1 min ago.

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 Binance live order book, 1 min ago	0.16 bp	12.4 bp −$12	42.9 bp −$429	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	8.74 bp	9.2 bp −$9	19.4 bp −$194	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	−0.0349%	1h	31.454	+0.146%	$389K	$673K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.505	+0.309%	$93K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.494	+0.275%	$88K	$22K	10x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.592	+0.586%	$188K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.476	+0.217%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.496%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.394	−0.044%	$1.9M	$4.1M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.395	−0.041%	$462K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.483	+0.238%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.497	+0.285%	$163K	$951K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.419	+0.035%	$70.1M	$44.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.403	−0.015%	$248K	$524K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.413	+0.016%	$185K	$121K	10x	as long as short
Binance VVVUSDTlong	+0.0100%	4h	31.408	long leg	$33.5M	$110.6M	25x
Bybit VVVUSDT	+0.0100%	4h	31.372	−0.114%	$38.3M	$39.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.377	−0.098%	$4.8M	$27.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.401	−0.022%	$11.8M	$4.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.505	+0.309%	$6.9M	$4.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.474	+0.210%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.401	−0.022%	$5.7M	$6.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.381	−0.086%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.421	+0.041%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.490	+0.261%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.493	+0.270%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.503	+0.303%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.493	+0.272%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.489	+0.259%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.471	+0.202%	$78K	$328K	10x	as long as short
BloFin VVV-USDT	+0.0144%	4h	31.491	+0.265%	$1.4M	$1.4M	25x	as long as short
Phoenix VVV	+0.0203%	1h	31.454	+0.147%	$33K	$197K	5x	as long as short
01 Exchange VVVUSD	+0.0400%	1h	31.519	+0.354%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0215%	1h	31.470	+0.198%	$506K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.1113%	1h	31.536	+0.407%	$160K	$267K	5x	as long as short