VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.017%

Price spread now: Lighter RH against Coinbase International+0.253%7-day average +0.062% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on Coinbase International Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.451%+$45 on $10k

Price spread, last 4 days (all we have)+0.197%+$20 · spread now +0.253%, 7d avg +0.062%

Together, before fees+0.649%+ Points / potential airdropLighter RH: Points live · farm board+$65 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.191% dearer against Coinbase International than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.311	−0.0088	get 0.0011% / 1h	34m 01s	$185K	$1.3M	25x
Short	Lighter RH VVV	31.390	0.0096	get 0.0012% / 1h	34m 01s	$461K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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 Coinbase InternationalbpFee Lighter RHbpOrdersPrice spread, now +0.253%Rate

Funding earned: $38.64
Price spread: +0.253% → +0.062%: $19.08
Slippage, 4 orders: −$55.02
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$7.3
Costs to cover: 0.650%
Break-even: 8.3 days

Slippage from Coinbase International: live order book, 4 min ago; Lighter RH: live order book, 4 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 Coinbase International live order book, 4 min ago	19.84 bp	24.8 bp −$25	32.0 bp −$320	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	2.87 bp	5.9 bp −$6	19.1 bp −$191	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
Coinbase International VVV-PERP-INTXlong	−0.0088%	1h	31.311	long leg	$185K	$1.3M	25x
RISEx VVV/USDC	−0.0085%	1h	31.345	+0.109%	$384K	$647K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.352	+0.132%	$86K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.357	+0.146%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.360	+0.157%	$22K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.354	+0.138%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.820%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0058%	4h	31.409	+0.314%	$1.4M	$1.5M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.361	+0.161%	$2.0M	$4.5M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.390	+0.253%	$461K	$1.6M	5x

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	31.351	+0.129%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.374	+0.203%	$163K	$896K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.438	+0.406%	$70.7M	$47.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.382	+0.227%	$249K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.365	+0.174%	$185K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.403	+0.294%	$33.9M	$121.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.389	+0.250%	$38.6M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.392	+0.259%	$4.8M	$30.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.395	+0.269%	$11.2M	$5.4M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.396	+0.272%	$6.7M	$5.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.346	+0.112%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.386	+0.240%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.406	+0.304%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.363	+0.167%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.346	+0.112%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	+0.150%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.360	+0.157%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.358	+0.151%	$301K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.355	+0.141%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0105%	4h	31.395	+0.267%	$78K	$332K	10x	as long as short
Phoenix VVV	+0.0307%	1h	31.425	+0.365%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0429% / S −0.0201%	1h	31.389	+0.251%	$502K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0475%	1h	31.434	+0.394%	$154K	$266K	5x	as long as short