VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0099%/8h= +10.8% APRnext payment +$0.12 per $10,000 · paid last 24h −0.063%

Price spread now: GMX against Lighter−0.102%7-day average −0.107% · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.159%−$16 on $10k

Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.102%, 7d avg −0.107%

Together, before fees−0.171%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	31.658	0.0096	pay 0.0012% / 1h	29m 24s	$2.2M	$5.4M	5x
Short	GMX VVV/USD [ETH-USDC]	31.626	L +0.0444% / S −0.0195%	get 0.0024% / 1h	29m 24s	$541K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $20.71
Price spread: −0.102% → −0.107%: $0.52
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $9.23
Costs to cover: 0.120%
Break-even: 3.9 days

Slippage unknown: Lighter: live order book, 4 min ago; GMX: 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, 4 min ago	2.62 bp	4.4 bp −$4	25.2 bp −$252	247.0 bp −$24.7K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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	31.609	−0.155%	$117K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.635	−0.073%	$91K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.635	−0.073%	$19K	—	150x	as long as short
01 Exchange VVVUSD	+0.0008%	1h	31.665	+0.022%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.670%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0056%	1h	31.621	−0.117%	$136K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.571	−0.275%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.645	−0.039%	$388K	$572K	5x	as long as short
Lighter VVVlong	+0.0096%	1h	31.658	long leg	$2.2M	$5.4M	5x
Lighter RH VVV	+0.0096%	1h	31.644	−0.044%	$469K	$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	31.637	−0.065%	$145K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.670	+0.038%	$72.2M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.638	−0.063%	$277K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.660	+0.006%	$188K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.641	−0.054%	$33.4M	$154.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.644	−0.044%	$39.0M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.649	−0.028%	$4.7M	$41.3M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.639	−0.060%	$10.7M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.648	−0.032%	$17.0M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.617	−0.130%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.628	−0.095%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.641	−0.054%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.543	−0.363%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.635	−0.074%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.555	−0.325%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.663	+0.017%	$3K	$106	5x	as long as short
BloFin VVV-USDT	+0.0103%	4h	31.540	−0.373%	$1.3M	$1.7M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.638	−0.064%	$317K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.647	−0.033%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.561	−0.305%	$78K	$332K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0223%	1h	31.651	−0.022%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.577	−0.255%	$193K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0444% / S −0.0195%	1h	31.626	−0.102%	$541K	—	100x