VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0395%/8h= −43.3% APRnext payment −$0.49 per $10,000 · paid last 24h +0.001%

Price spread now: RISEx against Lighter−0.047%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Lighter Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.061%+$6 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.047%, 7d avg −0.080%

Together, before fees+0.180%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. RISEx is 0.032% dearer against Lighter than usual: you sell high and buy low (spread −0.047% now, against its 7-day average of −0.080%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 4 days funding on this pair paid +0.061%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.061% in total (about 6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	30.903	0.0096	pay 0.0012% / 1h	23m 30s	$2.1M	$5.2M	5x
Short	RISEx VVV/USDC	30.889	−0.0299	pay 0.0037% / 1h	23m 30s	$379K	$625K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$82.95
Price spread: −0.047% → −0.080%: $3.23
Slippage, 4 orders: −$15.01
Fee Lighter: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$100.73
Costs to cover: 0.210%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; RISEx: live order book, 35 min ago.

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	2.03 bp	3.3 bp −$3	37.1 bp −$371	doesn't fit	doesn't fit
Sell RISEx live order book, 35 min ago	2.84 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit

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/USDCshort	−0.0299%	1h	30.889	−0.047%	$379K	$625K	5x
Polymarket Perps VVV-USD	−0.0094%	1h	30.888	−0.050%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.897	−0.021%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.902	−0.005%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.903	−0.001%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.202%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0038%	4h	30.909	+0.018%	$10.4M	$6.0M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.870	−0.108%	$145K	$1.2M	25x	as long as short
BloFin VVV-USDT	+0.0088%	4h	30.836	−0.218%	$1.3M	$1.6M	25x	as long as short
Lighter VVVlong	+0.0096%	1h	30.903	long leg	$2.1M	$5.2M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	30.912	+0.028%	$451K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	30.902	−0.005%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.904	+0.004%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.915	+0.038%	$70.5M	$49.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.904	+0.004%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.924	+0.066%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.914	+0.035%	$33.1M	$130.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.902	−0.004%	$38.5M	$43.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.908	+0.015%	$4.8M	$33.3M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.913	+0.031%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.887	−0.053%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.903	−0.001%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.912	+0.028%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.801	−0.330%	$1.9M	$290K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.887	−0.054%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.878	−0.082%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.914	+0.034%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.873	−0.099%	$6K	—	3x	as long as short
Backpack VVV_USDC_PERP	+0.0118%	1h	30.925	+0.071%	$120K	$252K	5x	as long as short
edgeX VVVUSDC	+0.0119%	4h	30.830	−0.238%	$77K	$332K	10x	as long as short
Kalshi KXVVVPERP	+0.0149%	8h	30.879	−0.079%	$101K	$5.7M	1.7x	as long as short
Phoenix VVV	+0.0182%	1h	30.881	−0.072%	$32K	$253K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0427% / S −0.0174%	1h	30.887	−0.053%	$541K	—	100x	as long as short