Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.323 | +0.0120 | pay 0.0015% / 1h | 55m 36s | $1.7M | $1.3M | 5x | Long Lighter7d free | |
| SHORT | 22.301 | +0.0100 | get 0.0013% / 1h | 55m 36s | $276K | $327K | 20x | Short TxFlow5% off |
Price gap−0.099%
Funding gap−0.0020% /8h
The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 12 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$8−0.0020% /8h now · paid −0.080% over the last 7D
Price+$7spread −0.099% now, avg −0.173% → +0.073% if it goes back
Costs−$530.532% of $10k · taker + slippage, in and out
Result−$54−0.54%+ Points / potential airdropLighter: Season 3 · TxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.099%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 36 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size5.3 / 16.3 bpAt $10k entering TxFlow costs 16.3 bp, fee and slippage, 3.1× Lighter’s.
- Note: Margin at max leverage$2,000 + $500Lighter 5x, TxFlow 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.60Long Lighter: 24 payments, −$3.60; short TxFlow: 24 payments, +$3.00.
- OK: Entry gap works for you−0.099% vs −0.173%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$276K vs $1.7M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legLighter Season 3 · TxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legLighter No · TxFlow NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0038%/8h × 21 periods−$7.95
Price spread−0.099% → −0.173% (7d avg)+$7.33
Slippage, 4 orderslive order books−$44.17
Fee Lighter bp × 2 orders$0.00
Fee TxFlow bp × 2 orders−$9.00
Net · 7 days · $10k−$53.78
Costs to cover0.532%Break-evennever at this rate
Slippage: Lighter: live order book, 5 min ago; TxFlow: live order book, 56 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGLighter1.105.3 bp−$512.9 bp−$129452.2 bp−$45.2Kdoesn’t fit
SELL · SHORTTxFlow2.0216.3 bp−$16doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-29 13:21 | Orderly | Listing | Another one hits the order book 🟣 $VVV, the native token of @AskVenice, is now LIVE as a perp on Orderly Go long or short across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗ |
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($VVV) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |

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