VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h −0.060%

Price spread now: Coinbase International against Lighter RH−0.044%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$114as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$700.705% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.435%−$44 on $10k

Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.044%, 7d avg −0.065%

Together, before fees−0.354%+ Points / potential airdropLighter RH: Points live · farm board−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Coinbase International is 0.021% dearer against Lighter RH than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.065%. Mind the row above: over the last 7 days funding on this pair cost −0.435%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.119	0.0096	pay 0.0012% / 1h	37m 20s	$460K	$1.5M	5x
Short	Coinbase International VVV-PERP-INTX	31.105	0.0168	get 0.0021% / 1h	37m 20s	$139K	$1.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.044%Rate

Funding earned: $15.12
Price spread: −0.044% → −0.065%: $2.07
Slippage, 4 orders: −$60.47
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$53.28
Costs to cover: 0.705%
Break-even: 31.7 days

Slippage from Lighter RH: live order book, just now; Coinbase International: live order book, 1 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, just now	6.10 bp	6.1 bp −$6	20.9 bp −$209	doesn't fit	doesn't fit
Sell Coinbase International live order book, 1 min ago	21.12 bp	26.1 bp −$26	35.4 bp −$354	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	−0.0152%	1h	31.116	−0.008%	$382K	$644K	5x	as long as short
Gate VVV_USDT	−0.0104%	4h	31.138	+0.061%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.125	+0.018%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.131	+0.037%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0028%	1h	31.144	+0.080%	$134K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.466%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.142	+0.074%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0079%	4h	31.089	−0.096%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.133	+0.044%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.119	long leg	$460K	$1.5M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.133	+0.046%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.154	+0.114%	$132K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.173	+0.173%	$71.4M	$51.0M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.139	+0.064%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.151	+0.102%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.146	+0.088%	$33.2M	$146.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.137	+0.058%	$38.4M	$50.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.143	+0.077%	$4.8M	$38.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.150	+0.100%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.131	+0.039%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.136	+0.055%	$5.7M	$8.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.152	+0.106%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.151	+0.103%	$2.0M	$246K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.121	+0.006%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.129	+0.032%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.132	+0.042%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.127	+0.025%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.145	+0.083%	$77K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0134%	8h	31.128	+0.029%	$106K	$6.2M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.166	+0.151%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTXshort	+0.0168%	1h	31.105	−0.044%	$139K	$1.3M	25x
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.137	+0.058%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0210%	1h	31.157	+0.121%	$113K	$311K	5x	as long as short