Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0070%/8h= +7.7% APRpaid last 24h +0.050%

Price spread now: Lighter RH against Gate+0.013%7-day average +0.119% · you sell dearer than you buy

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$87as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Gate Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.629%+$63 on $10k

Price spread, last 7 days+0.096%+$10 · spread now +0.013%, 7d avg +0.119%

Together, before fees+0.725%+ Points / potential airdropLighter RH: Points live · farm board+$72 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter RH is 0.106% cheaper against Gate than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.119%). If the spread goes back, that is −$11 on $10k: about 5.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.629% in total) that is about 28 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate VVV_USDT	30.568	0.0026	pay 0.0013% / 4h	49m 16s	$10.2M	$5.9M	25x
Short	Lighter RH VVV	30.572	0.0096	get 0.0012% / 1h	49m 16s	$457K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Gate. 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 GatebpFee Lighter RHbpOrdersPrice spread, now +0.013%Rate

Funding earned: $14.7
Price spread: +0.013% → +0.119%: −$10.59
Slippage, 4 orders: −$61.87
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$72.76
Costs to cover: 0.769%
Break-even: 41.6 days

Slippage from Gate: live order book, 4 min ago; Lighter RH: live order book, 3 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 Gate live order book, 4 min ago	7.95 bp	24.1 bp −$24	745.6 bp −$7,456	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	4.08 bp	10.5 bp −$10	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
RISEx VVV/USDC	−0.0299%	1h	30.559	−0.029%	$375K	$642K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0225%	1h	30.543	−0.083%	$85K	$24K	10x	as long as short
Polymarket Perps VVV-USD	−0.0131%	1h	30.567	−0.003%	$125K	$1.2M	3x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.574	+0.021%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0024%	1h	30.566	−0.007%	$11K	$3K	3x	as long as short
Gate VVV_USDTlong	+0.0026%	4h	30.568	long leg	$10.2M	$5.9M	25x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.367%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.568	+0.001%	$150K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.553	−0.050%	$2.0M	$5.2M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	30.572	+0.013%	$457K	$1.5M	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	30.574	+0.019%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.594	+0.087%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.579	+0.036%	$70.0M	$50.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.606	+0.124%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.636	+0.222%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.577	+0.029%	$32.5M	$133.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.573	+0.016%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.574	+0.020%	$4.7M	$34.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.572	+0.013%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.568	0.000%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.586	+0.059%	$5.6M	$7.7M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.593	+0.082%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.687	+0.388%	$1.9M	$279K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.565	−0.010%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.615	+0.154%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.560	−0.025%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.595	+0.087%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0104%	4h	30.560	−0.026%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.818	+0.816%	$77K	$333K	10x	as long as short
Kalshi KXVVVPERP	+0.0162%	8h	30.631	+0.206%	$106K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.565	−0.011%	$551K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.679	+0.363%	$35K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0269%	1h	30.588	+0.064%	$119K	$257K	5x	as long as short