Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.009%

Price spread now: Aster against Lighter RH+0.054%7-day average −0.003% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$410.413% of the position

Long on Lighter RH Short on Aster

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.441%−$44 on $10k

Price spread, last 7 days+0.025%+$3 · spread now +0.054%, 7d avg −0.003%

Together, before fees−0.416%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.057% dearer against Lighter RH than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.430	0.0096	pay 0.0012% / 1h	0m 47s	$463K	$1.6M	5x
Short	Aster VVVUSDT	31.447	0.0100	get 0.0050% / 4h	0m 47s	$249K	$548K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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 Lighter RHbpFee AsterbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0.84
Price spread: +0.054% → −0.003%: $5.67
Slippage, 4 orders: −$33.3
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$34.79
Costs to cover: 0.413%
Break-even: 296.9 days

Slippage from Lighter RH: live order book, 2 min ago; Aster: live order book, 17 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 RH live order book, 2 min ago	3.34 bp	4.7 bp −$5	14.9 bp −$149	doesn't fit	doesn't fit
Sell Aster live order book, 17 min ago	2.69 bp	22.7 bp −$23	77.8 bp −$778	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/USDC	−0.0337%	1h	31.408	−0.070%	$389K	$666K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.592	+0.516%	$188K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.438	+0.025%	$93K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.446	+0.050%	$87K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.443	+0.042%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.423%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0080%	4h	31.411	−0.060%	$11.7M	$5.3M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.426	−0.012%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.430	long leg	$463K	$1.6M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.423	−0.021%	$3K	$73	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	31.432	+0.008%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.452	+0.070%	$70.2M	$44.2M	3x	as long as short
Aster VVVUSDTshort	+0.0100%	4h	31.447	+0.054%	$249K	$548K	10x
Pacifica VVV	+0.0100%	1h	31.429	−0.002%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.431	+0.003%	$33.5M	$111.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.414	−0.051%	$38.3M	$39.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.415	−0.048%	$4.8M	$27.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.435	+0.016%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.424	−0.019%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.432	+0.006%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.446	+0.051%	—	$4.6M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.421	−0.029%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.438	+0.025%	$130K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.411	−0.061%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.456	+0.083%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.434	+0.013%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.445	+0.048%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0110%	4h	31.458	+0.089%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.419	−0.035%	$1.3M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0184%	1h	31.435	+0.016%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.454	+0.076%	$33K	$215K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0215%	1h	31.438	+0.026%	$505K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0514%	1h	31.477	+0.151%	$160K	$270K	5x	as long as short