Settings8H · net · $10k
Funding arb · Price arb /

VVV

all VVV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0024%/8h= −2.6% APRnext payment $0.03 per $10,000 · paid last 24h +0.041%
Price spread now: 01 Exchange against Lighter−0.121%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and 01 Exchange is 0.121% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter VVV32.3810.0096pay 0.0012% / 1h50m 42s$2.3M$5.5M5x
Short01 Exchange VVVUSD32.3420.0072get 0.0009% / 1h50m 42s$12K$3K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Funding earned
−$5.04
Price spread: −0.121% → 0.000%
−$12.07
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$24.11
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 12 min ago; 01 Exchange: 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 12 min ago2.13 bp8.7 bp −$932.9 bp −$329doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit VVV_USDC-PERPETUAL−0.0010%1h32.303−0.242%$91K$23K10xas long as short
Kalshi KXVVVPERP0.0000%8h32.390+0.027%$112K$6.9M1.7xas long as short
gTrade (Gains Network) VVV/USDL +0.0004% / S −0.0004%1h32.324−0.176%$19K150xas long as short
Polymarket Perps VVV-USD+0.0028%1h32.302−0.244%$147K$1.2M3xas long as short
Injective VVV/USDC PERP+0.0033%1h32.820+1.355%$2K$1K5.5xas long as short
RISEx VVV/USDC+0.0040%1h32.367−0.044%$397K$604K5xas long as short
BloFin VVV-USDT+0.0068%4h32.319−0.192%$1.3M$1.8M25xas long as short
01 Exchange VVVUSDshort+0.0072%1h32.342−0.121%$12K$3K3x
Lighter VVVlong+0.0096%1h32.381long leg$2.3M$5.5M5x
Lighter RH VVV+0.0096%1h32.319−0.192%$480K$1.6M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado VVV-PERP+0.0100%1h32.337−0.138%$136K$815K3xas long as short
Hyperliquid VVV+0.0100%1h32.359−0.068%$74.9M$55.9M3xas long as short
Aster VVVUSDT+0.0100%4h32.307−0.228%$265K$1.9M10xas long as short
Pacifica VVV+0.0100%1h32.352−0.090%$193K$191K10xas long as short
Binance VVVUSDT+0.0100%4h32.355−0.079%$33.8M$157.2M25xas long as short
Bybit VVVUSDT+0.0100%4h32.344−0.114%$39.7M$52.6M20xas long as short
OKX VVV-USDT-SWAP+0.0100%4h32.376−0.016%$4.7M$43.0M20xas long as short
Gate VVV_USDT+0.0100%4h32.317−0.198%$10.9M$7.5M25xas long as short
MEXC VVV_USDT+0.0100%4h32.347−0.105%$6.4M$7.0M50xas long as short
KuCoin VVVUSDTM+0.0100%4h32.323−0.179%$2.0M$2.8M20xas long as short
Bitget VVVUSDT+0.0100%4h32.345−0.111%$5.9M$8.9M20xas long as short
BingX VVV-USDT+0.0100%4h32.370−0.034%$5.5Mas long as short
Variational Omni VVV+0.0100%4h32.149−0.718%$2.1M$183Kas long as short
Derive VVV-PERP+0.0100%1h32.308−0.227%$1K$1K5xas long as short
Phemex VVVUSDT+0.0100%4h32.296−0.263%$2.1M$2.1M50xas long as short
Paradex VVV-USD-PERP+0.0100%8h32.338−0.134%$3K$1065xas long as short
Extended VVV-USD+0.0104%1h32.370−0.035%$325K$1.6M5xas long as short
Aevo VVV-PERP+0.0104%1h32.314−0.208%$7K$13K3xas long as short
edgeX VVVUSDC+0.0106%4h32.268−0.350%$80K$332K10xas long as short
Backpack VVV_USDC_PERP+0.0124%1h32.331−0.154%$122K$359K5xas long as short
Phoenix VVV+0.0124%1h32.295−0.266%$56K$299K5xas long as short
GMX VVV/USD [ETH-USDC]L +0.0183% / S +0.0170%1h32.314−0.208%$621K100xas long as short
Coinbase International VVV-PERP-INTX+0.0192%1h32.278−0.319%$242K$1.4M25xas long as short