VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.088%

Price spread now: Deribit against Lighter−0.039%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.486%−$49 on $10k

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

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

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.039% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	31.565	0.0096	pay 0.0012% / 1h	30m 58s	$2.2M	$5.4M	5x
Short	Deribit VVV_USDC-PERPETUAL	31.553	0.0000	pay 0.0000% / 1h	30m 58s	$90K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Lighter. 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 LighterbpFee DeribitbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$20.23
Price spread: −0.039% → 0.000%: −$3.9
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$31.12
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 7 min ago; Deribit: no order-book sample. 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 Lighter live order book, 7 min ago	4.22 bp	8.0 bp −$8	37.1 bp −$371	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	31.553	−0.039%	$90K	$22K	10x
01 Exchange VVVUSD	0.0000%	1h	31.564	−0.003%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.591	+0.083%	$118K	$6.8M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.565	0.000%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.976%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0044%	1h	31.531	−0.107%	$136K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.509	−0.177%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.556	−0.029%	$387K	$571K	5x	as long as short
Lighter VVVlong	+0.0096%	1h	31.565	long leg	$2.2M	$5.4M	5x
Lighter RH VVV	+0.0096%	1h	31.545	−0.063%	$468K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.539	−0.080%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.585	+0.064%	$72.0M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.548	−0.053%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.550	−0.048%	$187K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.564	−0.002%	$33.4M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.553	−0.038%	$38.9M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.565	0.000%	$4.7M	$41.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.542	−0.073%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.564	−0.003%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.543	−0.069%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.546	−0.060%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.554	−0.035%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.438	−0.401%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.544	−0.065%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.512	−0.168%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.548	−0.052%	$3K	$106	5x	as long as short
BloFin VVV-USDT	+0.0103%	4h	31.540	−0.079%	$1.3M	$1.7M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.567	+0.008%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.553	−0.039%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.507	−0.182%	$78K	$331K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0217%	1h	31.581	+0.053%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.577	+0.039%	$193K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0195%	1h	31.548	−0.054%	$539K	—	100x	as long as short