Funding you earn now, next payment 00:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.071%
Price spread now: Lighter RH against Deribit−0.048%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+0.637%+$64 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Funding pays, the price is against you. Lighter RH is 0.048% cheaper against Deribit than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.637% in total) that is about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit VVV_USDC-PERPETUAL | 32.313 | 0 | get 0.0000% / 1h | 48m 09s | $91K | $23K | 10x |
| Short | Lighter RH VVV | 32.298 | 0.0096 | get 0.0012% / 1h | 48m 09s | $480K | $1.6M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- $20.16
- Price spread: −0.048% → 0.000%
- −$4.77
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $8.39
- Costs to cover
- 0.070%
- Break-even
- 4.1 days
Slippage unknown: Deribit: no order-book sample; Lighter RH: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 5 min ago | 2.17 bp | 10.3 bp −$10 | 33.7 bp −$337 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.327 | +0.042% | $112K | $6.9M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUALlong | 0.0000% | 1h | 32.313 | long leg | $91K | $23K | 10x | |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.312 | −0.003% | $19K | — | 150x | as long as short |
| Polymarket Perps VVV-USD | +0.0008% | 1h | 32.304 | −0.029% | $147K | $1.2M | 3x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.568% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 32.314 | +0.002% | $397K | $603K | 5x | as long as short |
| BloFin VVV-USDT | +0.0059% | 4h | 32.282 | −0.097% | $1.3M | $1.8M | 25x | as long as short |
| 01 Exchange VVVUSD | +0.0072% | 1h | 32.321 | +0.024% | $12K | $3K | 3x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.336 | +0.069% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVVshort | +0.0096% | 1h | 32.298 | −0.048% | $480K | $1.6M | 5x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.0100% | 1h | 32.320 | +0.022% | $136K | $815K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.350 | +0.113% | $74.9M | $55.9M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.308 | −0.016% | $265K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.331 | +0.054% | $193K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.321 | +0.024% | $33.8M | $157.0M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.311 | −0.007% | $39.7M | $52.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.321 | +0.024% | $4.7M | $42.9M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.311 | −0.007% | $10.9M | $7.5M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.324 | +0.033% | $6.4M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.317 | +0.011% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.307 | −0.020% | $5.9M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.315 | +0.005% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.313 | 0.000% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.310 | −0.011% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.313 | −0.001% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.322 | +0.025% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.314 | +0.001% | $325K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.309 | −0.012% | $7K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0108% | 4h | 32.318 | +0.015% | $80K | $333K | 10x | as long as short |
| Phoenix VVV | +0.0124% | 1h | 32.295 | −0.057% | $56K | $299K | 5x | as long as short |
| Backpack VVV_USDC_PERP | +0.0142% | 1h | 32.344 | +0.094% | $122K | $359K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0183% / S +0.0170% | 1h | 32.315 | +0.005% | $621K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | −0.110% | $242K | $1.3M | 25x | as long as short |
Deribit VVV_USDC-PERPETUAL
Lighter RH VVV
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Polymarket Perps VVV-USD
Injective VVV/USDC PERP
RISEx VVV/USDC
BloFin VVV-USDT
01 Exchange VVVUSD
Lighter 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
Extended VVV-USD
edgeX VVVUSDC
Phoenix VVV
Backpack VVV_USDC_PERP
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX