VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.013%

Price spread now: Injective against Lighter RH+2.582%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 Injective

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Injective is 2.582% dearer against Lighter RH than usual: you sell high and buy low (spread +2.582% now, against zero (this spread has no 7-day history yet)): +$258 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.994	0.0096	pay 0.0012% / 1h	23m 21s	$476K	$1.6M	5x
Short	Injective VVV/USDC PERP	32.820	0.0033	get 0.0004% / 1h	23m 21s	$2K	$1K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +2.582%Rate

Funding earned: −$13.16
Price spread: +2.582% → 0.000%: $258.17
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $244.99
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 4 min ago; Injective: 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	4.71 bp	6.6 bp −$7	17.6 bp −$176	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	32.012	+0.056%	$119K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.000	+0.019%	$92K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.996	+0.007%	$19K	—	150x	as long as short
Injective VVV/USDC PERPshort	+0.0033%	1h	32.820	+2.582%	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0048%	1h	32.008	+0.044%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0048%	4h	32.017	+0.072%	$1.3M	$1.7M	25x	as long as short
Phoenix VVV	+0.0077%	1h	31.951	−0.134%	$56K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.982	−0.037%	$393K	$576K	5x	as long as short
Polymarket Perps VVV-USD	+0.0085%	1h	31.975	−0.059%	$143K	$1.2M	3x	as long as short
Lighter VVV	+0.0096%	1h	32.023	+0.091%	$2.2M	$5.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVVlong	+0.0096%	1h	31.994	long leg	$476K	$1.6M	5x
Nado VVV-PERP	+0.0100%	1h	31.972	−0.069%	$148K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.037	+0.134%	$73.1M	$54.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.015	+0.065%	$280K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.984	−0.033%	$190K	$176K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.026	+0.100%	$33.8M	$154.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.987	−0.022%	$39.4M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.016	+0.069%	$4.8M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.985	−0.028%	$10.8M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.992	−0.006%	$17.2M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.972	−0.069%	$2.1M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.993	−0.003%	$5.8M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.003	+0.028%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.838	−0.488%	$2.1M	$180K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.994	−0.001%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.920	−0.231%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.990	−0.013%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.992	−0.005%	$320K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.026	+0.099%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0120%	4h	31.836	−0.494%	$79K	$330K	10x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0191% / S +0.0094%	1h	31.996	+0.005%	$559K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.847	−0.461%	$205K	$1.3M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0261%	1h	31.948	−0.144%	$121K	$380K	5x	as long as short