Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 25.173 | +0.0112 | pay 0.0014% / 1h | 42m 27s | $2.0M | $835K | 5x | Long Lighter7d free | |
| SHORT | 25.140 | +0.0070 | get 0.0009% / 1h | 42m 27s | $193K | $191K | — | Short AZverse |
Price gap−0.133%
Funding gap−0.0042% /8h
Both sides work against this direction now: funding costs $1 a day on $10k and the gap is 0.063% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$2−0.0042% /8h now · paid −0.021% over the last 13 hours (all we have)
Price−$6spread −0.133% now, avg −0.069% → −0.063% if it goes back
Costsno datano order book for AZverse
Result, before costs−$8−0.08%+ Points / potential airdropLighter: Season 3 · farm boardcosts unknown: no order book for AZverse · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.133%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 35 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Note: Order book unknown—No order-book sample for AZverse: its slippage is not counted.
- Note: Margin at max leverage$2,000 + —Lighter 5x, AZverse —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$1.26Long Lighter: 24 payments, −$3.36; short AZverse: 24 payments, +$2.10.
- Watch: Gap narrower than usual−0.133% vs −0.069%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$193K vs $2.0M OIAZverse sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legLighter No · AZverse NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0125%/8h × 21 periods−$26.27
Price spread−0.133% → −0.069% (7d avg)−$6.34
Slippage, 4 ordersno data for AZverse—
Fee Lighter bp × 2 orders$0.00
Fee AZverse bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$44.61
Costs to cover0.120%Break-evennever at this rate
Slippage: Lighter: live order book, 4 min ago; AZverse: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.175.5 bp−$512.0 bp−$120317.8 bp−$31.8Kdoesn’t fit
SELL · SHORTAZverse—————
Closing costs about the same again.
AZverse: no data.
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
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| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |
| 09-22 17:11 | Avantis | Listing | new market VVV/USD ($VVV) seen by our collector |
| 09-21 04:31 | Bitget | Listing | $NEAR has surged over 80% in seven days after launching confidential-by-default perpetual futures. While $VVV is building privacy-focused AI that generates conversations and images without retaining user data. @bitget on X ↗ |

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