Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.002%

Price spread now: MEXC against Lighter RH+0.076%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$230.231% of the position

Long on Lighter RH Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.470%−$47 on $10k

Price spread, last 7 days+0.083%+$8 · spread now +0.076%, 7d avg −0.019%

Together, before fees−0.387%+ Points / potential airdropLighter RH: Points live · farm board−$39 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: MEXC is 0.095% dearer against Lighter RH than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.555	0.0096	pay 0.0012% / 1h	0m 42s	$502K	$1.6M	5x
Short	MEXC VVV_USDT	31.579	0.0100	get 0.0050% / 4h	3h 00m	$7.3M	$5.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.076%Rate

Funding earned: $0.84
Price spread: +0.076% → −0.019%: $9.49
Slippage, 4 orders: −$23.14
Fee Lighter RH: 0 bp × 2 orders: $0
Fee MEXC: 0 bp × 2 orders: $0
Net: −$12.82
Costs to cover: 0.231%
Break-even: 113.8 days

Slippage from Lighter RH: live order book, 2 min ago; MEXC: live order book, 2 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	2.06 bp	2.4 bp −$2	15.2 bp −$152	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	0.16 bp	7.0 bp −$7	59.4 bp −$594	208.2 bp −$20.8K	doesn't fit

VVV on 32 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	−0.0349%	1h	31.626	+0.224%	$387K	$698K	5x	as long as short
Gate VVV_USDT	−0.0162%	4h	31.528	−0.086%	$12.1M	$5.0M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0073%	1h	31.576	+0.067%	$88K	$20K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.649	+0.298%	$107K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−0.699%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.624	+0.218%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.009%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0044%	4h	31.601	+0.146%	$1.3M	$1.4M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.560	+0.017%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.555	long leg	$502K	$1.6M	5x

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.614	+0.186%	$3K	$50	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.618	+0.201%	$189K	$1.0M	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.583	+0.089%	$70.3M	$43.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.594	+0.122%	$248K	$486K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.622	+0.214%	$186K	$117K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.573	+0.058%	$33.5M	$104.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.531	−0.076%	$38.4M	$38.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.535	−0.063%	$4.8M	$25.0M	20x	as long as short
MEXC VVV_USDTshort	+0.0100%	4h	31.579	+0.076%	$7.3M	$5.0M	50x
KuCoin VVVUSDTM	+0.0100%	4h	31.602	+0.149%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.525	−0.095%	$5.7M	$6.1M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.565	+0.032%	—	$4.2M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.540	−0.047%	$2.0M	$346K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.612	+0.181%	$130K	$1.3M	3x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.626	+0.225%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.619	+0.204%	$79K	$324K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.578	+0.072%	$295K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.628	+0.231%	$6K	—	3x	as long as short
Phoenix VVV	+0.0229%	1h	31.601	+0.146%	$33K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0280%	1h	31.626	+0.225%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0445% / S −0.0219%	1h	31.610	+0.175%	$508K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0706%	1h	31.588	+0.105%	$167K	$268K	5x	as long as short