VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.071%

Price spread now: Deribit against Lighter RH+0.048%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.637%−$64 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Deribit is 0.048% dearer against Lighter RH than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 40 hours. At the pace of the last 7 days (−0.637% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	32.298	0.0096	pay 0.0012% / 1h	47m 53s	$480K	$1.6M	5x
Short	Deribit VVV_USDC-PERPETUAL	32.313	0	get 0.0000% / 1h	47m 53s	$91K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.048%Rate

Funding earned: −$20.16
Price spread: +0.048% → 0.000%: $4.77
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$22.39
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 5 min ago; Deribit: 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 RH live order book, 5 min ago	2.17 bp	3.7 bp −$4	14.1 bp −$141	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Kalshi KXVVVPERP	0.0000%	8h	32.327	+0.090%	$112K	$6.9M	1.7x	as long as short
Deribit VVV_USDC-PERPETUALshort	0.0000%	1h	32.313	+0.048%	$91K	$23K	10x
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.312	+0.044%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0008%	1h	32.304	+0.019%	$147K	$1.2M	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+1.616%	$2K	$1K	5.5x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.314	+0.050%	$397K	$603K	5x	as long as short
BloFin VVV-USDT	+0.0059%	4h	32.282	−0.050%	$1.3M	$1.8M	25x	as long as short
01 Exchange VVVUSD	+0.0072%	1h	32.321	+0.071%	$12K	$3K	3x	as long as short
Lighter VVV	+0.0096%	1h	32.336	+0.116%	$2.3M	$5.5M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	32.298	long leg	$480K	$1.6M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	32.320	+0.070%	$136K	$815K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.356	+0.180%	$74.9M	$55.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.308	+0.031%	$265K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.331	+0.102%	$193K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.316	+0.056%	$33.8M	$157.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.304	+0.017%	$39.7M	$52.6M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.323	+0.077%	$4.7M	$42.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.299	+0.003%	$10.9M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.324	+0.081%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.316	+0.056%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.312	+0.043%	$5.9M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.314	+0.050%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.313	+0.048%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.310	+0.037%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.313	+0.046%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.322	+0.073%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.314	+0.049%	$325K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.309	+0.035%	$7K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	32.318	+0.063%	$80K	$333K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.295	−0.009%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0142%	1h	32.344	+0.141%	$122K	$359K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0183% / S +0.0170%	1h	32.315	+0.053%	$621K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−0.063%	$242K	$1.3M	25x	as long as short