Funding you earn now, next payment 22:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.088%
Price spread now: Lighter against Deribit−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.486%+$49 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 31.553 | 0.0000 | get 0.0000% / 1h | 30m 50s | $90K | $22K | 10x |
| Short | Lighter VVV | 31.551 | 0.0096 | get 0.0012% / 1h | 30m 50s | $2.2M | $5.4M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $20.23
- Price spread: −0.004% → 0.000%
- −$0.38
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $12.84
- Costs to cover
- 0.070%
- Break-even
- 2.6 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 7 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 4.22 bp | 27.6 bp −$28 | 75.0 bp −$750 | 856.9 bp −$85.7K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit VVV_USDC-PERPETUALlong | 0.0000% | 1h | 31.553 | long leg | $90K | $22K | 10x | |
| 01 Exchange VVVUSD | 0.0000% | 1h | 31.564 | +0.036% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.591 | +0.122% | $118K | $6.8M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.565 | +0.039% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.017% | $2K | $1K | 5.5x | as long as short |
| Polymarket Perps VVV-USD | +0.0044% | 1h | 31.531 | −0.068% | $136K | $1.2M | 3x | as long as short |
| Phoenix VVV | +0.0077% | 1h | 31.509 | −0.138% | $55K | $292K | 5x | as long as short |
| RISEx VVV/USDC | +0.0078% | 1h | 31.556 | +0.010% | $387K | $571K | 5x | as long as short |
| Lighter VVVshort | +0.0096% | 1h | 31.551 | −0.004% | $2.2M | $5.4M | 5x | |
| Lighter RH VVV | +0.0096% | 1h | 31.545 | −0.024% | $468K | $1.6M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.0100% | 1h | 31.539 | −0.042% | $145K | $781K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.576 | +0.074% | $72.0M | $54.1M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.547 | −0.018% | $277K | $1.8M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.550 | −0.009% | $187K | $176K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.565 | +0.039% | $33.4M | $154.3M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.547 | −0.018% | $38.9M | $51.7M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.558 | +0.017% | $4.7M | $41.2M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.550 | −0.008% | $10.7M | $7.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.564 | +0.036% | $17.0M | $6.9M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.533 | −0.062% | $2.3M | $2.6M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.548 | −0.015% | $5.7M | $8.6M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.565 | +0.039% | — | $5.4M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.438 | −0.362% | $2.1M | $184K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.544 | −0.026% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.512 | −0.129% | $2.1M | $2.0M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.548 | −0.013% | $3K | $106 | 5x | as long as short |
| BloFin VVV-USDT | +0.0103% | 4h | 31.540 | −0.040% | $1.3M | $1.7M | 25x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.567 | +0.047% | $314K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.553 | 0.000% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0108% | 4h | 31.507 | −0.143% | $78K | $331K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.0217% | 1h | 31.581 | +0.092% | $119K | $379K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0232% | 1h | 31.577 | +0.078% | $193K | $1.2M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0444% / S −0.0195% | 1h | 31.548 | −0.015% | $539K | — | 100x | as long as short |
Deribit VVV_USDC-PERPETUAL
Lighter VVV
01 Exchange VVVUSD
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Polymarket Perps VVV-USD
Phoenix VVV
RISEx VVV/USDC
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
BloFin VVV-USDT
Extended VVV-USD
edgeX VVVUSDC
Backpack VVV_USDC_PERP
Coinbase International VVV-PERP-INTX
GMX VVV/USD [ETH-USDC]