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
Funding, last 3 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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 32.381 | 0.0096 | pay 0.0012% / 1h | 50m 42s | $2.3M | $5.5M | 5x |
| Short | 01 Exchange VVVUSD | 32.342 | 0.0072 | get 0.0009% / 1h | 50m 42s | $12K | $3K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 12 min ago | 2.13 bp | 8.7 bp −$9 | 32.9 bp −$329 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit VVV_USDC-PERPETUAL | −0.0010% | 1h | 32.303 | −0.242% | $91K | $23K | 10x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.390 | +0.027% | $112K | $6.9M | 1.7x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.324 | −0.176% | $19K | — | 150x | as long as short |
| Polymarket Perps VVV-USD | +0.0028% | 1h | 32.302 | −0.244% | $147K | $1.2M | 3x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.355% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 32.367 | −0.044% | $397K | $604K | 5x | as long as short |
| BloFin VVV-USDT | +0.0068% | 4h | 32.319 | −0.192% | $1.3M | $1.8M | 25x | as long as short |
| 01 Exchange VVVUSDshort | +0.0072% | 1h | 32.342 | −0.121% | $12K | $3K | 3x | |
| Lighter VVVlong | +0.0096% | 1h | 32.381 | long leg | $2.3M | $5.5M | 5x | |
| Lighter RH VVV | +0.0096% | 1h | 32.319 | −0.192% | $480K | $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 | 32.337 | −0.138% | $136K | $815K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.359 | −0.068% | $74.9M | $55.9M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.307 | −0.228% | $265K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.352 | −0.090% | $193K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.355 | −0.079% | $33.8M | $157.2M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.344 | −0.114% | $39.7M | $52.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.376 | −0.016% | $4.7M | $43.0M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.317 | −0.198% | $10.9M | $7.5M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.347 | −0.105% | $6.4M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.323 | −0.179% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.345 | −0.111% | $5.9M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.370 | −0.034% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.149 | −0.718% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.308 | −0.227% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.296 | −0.263% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.338 | −0.134% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.370 | −0.035% | $325K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.314 | −0.208% | $7K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0106% | 4h | 32.268 | −0.350% | $80K | $332K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.0124% | 1h | 32.331 | −0.154% | $122K | $359K | 5x | as long as short |
| Phoenix VVV | +0.0124% | 1h | 32.295 | −0.266% | $56K | $299K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0183% / S +0.0170% | 1h | 32.314 | −0.208% | $621K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | −0.319% | $242K | $1.4M | 25x | as long as short |
Lighter VVV
01 Exchange VVVUSD
Deribit VVV_USDC-PERPETUAL
Kalshi KXVVVPERP
gTrade (Gains Network) VVV/USD
Polymarket Perps VVV-USD
Injective VVV/USDC PERP
RISEx VVV/USDC
BloFin VVV-USDT
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
Backpack VVV_USDC_PERP
Phoenix VVV
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX