VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.041%

Price spread now: Injective against Lighter+4.496%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Injective

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

The price spread pays, funding is against you. Injective is 4.496% dearer against Lighter than usual: you sell high and buy low (spread +4.496% now, against zero (this spread has no 7-day history yet)): +$450 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	31.408	0.0096	pay 0.0012% / 1h	22m 32s	$1.9M	$4.2M	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	22m 32s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +4.496%Rate

Funding earned: −$13.16
Price spread: +4.496% → 0.000%: $449.57
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $436.39
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter: live order book, 5 min ago; Injective: 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	3.95 bp	9.1 bp −$9	48.0 bp −$480	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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
RISEx VVV/USDC	−0.0349%	1h	31.399	−0.028%	$384K	$689K	5x	as long as short
Gate VVV_USDT	−0.0016%	4h	31.382	−0.083%	$11.9M	$4.8M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.401	−0.022%	$92K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−0.234%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.409	+0.002%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+4.496%	$2K	$1K	5.5x
BloFin VVV-USDT	+0.0089%	4h	31.432	+0.076%	$1.3M	$1.4M	25x	as long as short
Lighter VVVlong	+0.0096%	1h	31.408	long leg	$1.9M	$4.2M	5x
Lighter RH VVV	+0.0096%	1h	31.397	−0.035%	$462K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.407	−0.005%	$3K	$29	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	31.456	+0.154%	$188K	$1.0M	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.492	+0.267%	$69.8M	$42.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.439	+0.099%	$247K	$495K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.416	+0.024%	$185K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.451	+0.138%	$33.5M	$105.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.453	+0.143%	$38.3M	$38.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.472	+0.204%	$4.9M	$25.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.407	−0.003%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.391	−0.054%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.455	+0.150%	$5.7M	$6.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.410	+0.006%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.232	−0.559%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.472	+0.204%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.083	−1.035%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.393	−0.048%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.410	+0.006%	$292K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.381	−0.087%	$6K	—	3x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0110%	1h	31.418	+0.032%	$87K	$20K	10x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.242	−0.529%	$78K	$323K	10x	as long as short
Phoenix VVV	+0.0229%	1h	31.276	−0.420%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0256%	1h	31.426	+0.057%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0444% / S −0.0219%	1h	31.394	−0.046%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0751%	1h	31.423	+0.048%	$168K	$261K	5x	as long as short