Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.050%

Price spread now: Lighter RH against KuCoin−0.036%7-day average +0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$910.913% of the position

Long on KuCoin Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.528%+$53 on $10k

Price spread, last 7 days−0.087%−$9 · spread now −0.036%, 7d avg +0.058%

Together, before fees+0.441%+ Points / potential airdropLighter RH: Points live · farm board+$44 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.094% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin VVVUSDTM	30.901	0.0100	pay 0.0050% / 4h	18m 55s	$1.9M	$2.8M	20x
Short	Lighter RH VVV	30.890	0.0096	get 0.0012% / 1h	18m 55s	$451K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against KuCoin. 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 KuCoinbpFee Lighter RHbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$0.84
Price spread: −0.036% → +0.058%: −$9.37
Slippage, 4 orders: −$79.32
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$101.53
Costs to cover: 0.913%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 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 KuCoin live order book, 3 min ago	11.81 bp	32.1 bp −$32	457.5 bp −$4,575	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.94 bp	5.1 bp −$5	20.6 bp −$206	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	30.880	−0.067%	$379K	$629K	5x	as long as short
Polymarket Perps VVV-USD	−0.0081%	1h	30.871	−0.097%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.868	−0.107%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.887	−0.046%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	30.914	+0.042%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.210%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0044%	4h	30.869	−0.104%	$10.3M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.101%	$145K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.876	−0.080%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	30.890	−0.036%	$451K	$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	30.892	−0.029%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.922	+0.068%	$142K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.877	−0.078%	$70.4M	$49.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.916	+0.048%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.934	+0.108%	$183K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.859	−0.137%	$33.0M	$129.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.832	−0.223%	$38.4M	$43.2M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.859	−0.136%	$4.8M	$33.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.863	−0.123%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTMlong	+0.0100%	4h	30.901	long leg	$1.9M	$2.8M	20x
Bitget VVVUSDT	+0.0100%	4h	30.842	−0.191%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.880	−0.068%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.866	−0.114%	$1.9M	$288K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.870	−0.100%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.875	−0.084%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.847	−0.174%	$295K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.899	−0.008%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0117%	4h	30.937	+0.117%	$77K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0118%	4h	30.888	−0.042%	$1.3M	$1.6M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0138%	1h	30.894	−0.024%	$120K	$250K	5x	as long as short
Kalshi KXVVVPERP	+0.0147%	8h	30.923	+0.071%	$103K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.941	+0.129%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0428% / S −0.0174%	1h	30.876	−0.081%	$541K	—	100x	as long as short