VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.064%

Price spread now: Lighter against Injective−5.855%66s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 5.855% cheaper against Injective than usual: you would sell low and buy high (spread −5.855% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$585 on $10k: about 10 months of funding at the current rate (+$2 a day). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	22m 11s	$2K	$1K	5.5x
Short	Lighter VVV	30.898	0.0096	get 0.0012% / 1h	22m 11s	$2.0M	$4.7M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −5.855%Rate

Funding earned: $13.16
Price spread: −5.855% → 0.000%: −$585.5
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$572.36
Costs to cover: 0.000%
Break-even: 311.4 days

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 6 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	7.28 bp	14.7 bp −$15	62.4 bp −$624	1446.1 bp −$144.6K	doesn't fit

Injective: 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
RISEx VVV/USDC	−0.0329%	1h	30.922	−5.783%	$387K	$644K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	30.630	−6.673%	$142K	$1.2M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.901	−5.846%	$22K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVVshort	+0.0096%	1h	30.898	−5.855%	$2.0M	$4.7M	5x
Lighter RH VVV	+0.0096%	1h	30.914	−5.807%	$451K	$1.6M	5x	as long as short
01 Exchange VVVUSD	+0.0096%	1h	30.963	−5.658%	$11K	$3K	3x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.926	−5.771%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.962	−5.663%	$162K	$890K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.960	−5.667%	$69.7M	$47.8M	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster VVVUSDT	+0.0100%	4h	30.944	−5.716%	$246K	$1.0M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.935	−5.743%	$183K	$128K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.934	−5.746%	$33.4M	$121.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.900	−5.850%	$38.3M	$41.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.924	−5.777%	$4.8M	$30.6M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	30.905	−5.835%	$10.9M	$5.6M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.918	−5.795%	$6.5M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.916	−5.801%	$1.9M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.906	−5.832%	$5.7M	$7.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.918	−5.795%	—	$4.9M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.729	−6.371%	$1.9M	$350K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	30.924	−5.777%	$119K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	30.897	−5.859%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.910	−5.820%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	30.723	−6.390%	$76K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	30.913	−5.810%	$295K	$2.2M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.921	−5.786%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0125%	4h	30.925	−5.774%	$1.3M	$1.5M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0125%	1h	30.917	−5.798%	$86K	$22K	10x	as long as short
Kalshi KXVVVPERP	+0.0188%	8h	30.940	−5.728%	$82K	$5.4M	1.7x	as long as short
Phoenix VVV	+0.0209%	1h	30.754	−6.295%	$32K	$243K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0402%	1h	30.930	−5.759%	$116K	$238K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0420% / S −0.0196%	1h	30.898	−5.857%	$494K	—	100x	as long as short