Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.067%
Price spread now: Derive against Lighter RH−0.093%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.093% cheaper against Lighter RH than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH VVV | 32.289 | 0.0096 | pay 0.0012% / 1h | 33m 18s | $480K | $1.6M | 5x |
| Short | Derive VVV-PERP | 32.259 | 0.0100 | get 0.0013% / 1h | 33m 18s | $1K | $1K | 5x |
Lighter RH VVV
Derive VVV-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.093% → 0.000%
- −$9.26
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$14.42
- Costs to cover
- 0.060%
- Break-even
- 127.2 days
Slippage unknown: Lighter RH: live order book, 4 min ago; Derive: 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, 4 min ago | 5.84 bp | 5.8 bp −$6 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | −0.0308% | 1h | 32.234 | −0.171% | $91K | $23K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.549 | +0.805% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.645% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.305 | +0.050% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVVlong | +0.0096% | 1h | 32.289 | long leg | $480K | $1.6M | 5x | |
| Phoenix VVV | +0.0098% | 1h | 32.604 | +0.976% | $57K | $294K | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 32.567 | +0.861% | $150K | $783K | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.417 | +0.395% | $270K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.578 | +0.895% | $187K | $183K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.328 | +0.120% | $33.8M | $156.7M | 25x | as long as short |
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Phoenix VVV
Nado VVV-PERP
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit VVVUSDT | +0.0100% | 4h | 32.279 | −0.031% | $39.8M | $52.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.291 | +0.006% | $4.8M | $42.7M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.562 | +0.845% | $11.0M | $7.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.580 | +0.901% | $6.4M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.593 | +0.941% | $2.1M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.222 | −0.208% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.272 | −0.053% | — | $5.5M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.549 | +0.804% | $2.1M | $183K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 32.554 | +0.821% | $134K | $1.2M | 3x | as long as short |
| Derive VVV-PERPshort | +0.0100% | 1h | 32.259 | −0.093% | $1K | $1K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 32.267 | −0.068% | $2.1M | $2.0M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.580 | +0.900% | $3K | $106 | 5x | as long as short |
| Kalshi KXVVVPERP | +0.0103% | 8h | 32.512 | +0.691% | $102K | $6.8M | 1.7x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.233 | −0.173% | $319K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.390 | +0.312% | $7K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0108% | 4h | 32.634 | +1.068% | $81K | $332K | 10x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0144% | 1h | 32.536 | +0.766% | $200K | $1.2M | 25x | as long as short |
| BloFin VVV-USDT | +0.0158% | 4h | 32.308 | +0.059% | $1.3M | $1.8M | 25x | as long as short |
| RISEx VVV/USDC | +0.0175% | 1h | 32.565 | +0.856% | $400K | $596K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0188% / S +0.0166% | 1h | 32.541 | +0.780% | $626K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0311% | 1h | 32.620 | +1.027% | $125K | $374K | 5x | as long as short |
| 01 Exchange VVVUSD | +0.0488% | 1h | 32.594 | +0.945% | $12K | $3K | 3x | as long as short |
| Hyperliquid VVV | +0.0634% | 1h | 32.606 | +0.982% | $76.2M | $55.5M | 3x | as long as short |
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Phemex VVVUSDT
Paradex VVV-USD-PERP
Kalshi KXVVVPERP
Extended VVV-USD
Aevo VVV-PERP
edgeX VVVUSDC
Coinbase International VVV-PERP-INTX
BloFin VVV-USDT
RISEx VVV/USDC
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP
01 Exchange VVVUSD
Hyperliquid VVV