VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.084%

Price spread now: Derive against Lighter−0.102%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 Derive

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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.102% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	32.763	0.0096	pay 0.0012% / 1h	43m 17s	$2.3M	$5.4M	5x
Short	Derive VVV-PERP	32.730	0.0100	get 0.0013% / 1h	43m 17s	$1K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Derive 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 DerivebpOrdersPrice spread, now −0.102%Rate

Funding earned: $0.84
Price spread: −0.102% → 0.000%: −$10.24
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Derive: 3 bp × 2 orders: −$6
Net: −$15.4
Costs to cover: 0.060%
Break-even: 135.3 days

Slippage unknown: Lighter: live order book, 5 min ago; Derive: 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, 5 min ago	3.28 bp	12.2 bp −$12	42.1 bp −$421	239.3 bp −$23.9K	doesn't fit
Sell Derive no order-book sample	—	—	—	—	—

Derive: 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
Kalshi KXVVVPERP	0.0000%	8h	32.821	+0.176%	$108K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.724	−0.121%	$93K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.713	−0.155%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.173%	$2K	$1K	5.5x	as long as short
Lighter VVVlong	+0.0096%	1h	32.763	long leg	$2.3M	$5.4M	5x
Lighter RH VVV	+0.0096%	1h	32.742	−0.065%	$490K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.696	−0.206%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.739	−0.073%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.745	−0.056%	$272K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.785	+0.066%	$188K	$183K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance VVVUSDT	+0.0100%	4h	32.740	−0.071%	$34.4M	$156.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.713	−0.154%	$40.3M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.786	+0.069%	$4.8M	$43.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.718	−0.139%	$11.1M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.752	−0.035%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.749	−0.044%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.745	−0.056%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.705	−0.178%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.517	−0.751%	$2.1M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.750	−0.041%	$142K	$1.2M	3x	as long as short
Derive VVV-PERPshort	+0.0100%	1h	32.730	−0.102%	$1K	$1K	5x
Phemex VVVUSDT	+0.0100%	4h	32.703	−0.184%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.777	+0.041%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.732	−0.096%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.721	−0.130%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0107%	4h	32.692	−0.219%	$81K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0112%	4h	32.764	+0.002%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.547	−0.662%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.767	+0.011%	$402K	$594K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0190% / S +0.0135%	1h	32.704	−0.183%	$596K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0327%	1h	32.769	+0.017%	$126K	$374K	5x	as long as short
01 Exchange VVVUSD	+0.0504%	1h	32.823	+0.182%	$12K	$3K	3x	as long as short
Hyperliquid VVV	+0.0757%	1h	32.781	+0.054%	$76.6M	$55.4M	3x	as long as short