Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h 0.000%

Price spread now: OKX against Lighter RH+0.072%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$96as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on Lighter RH Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.528%−$53 on $10k

Price spread, last 7 days+0.036%+$4 · spread now +0.072%, 7d avg −0.056%

Together, before fees−0.492%+ Points / potential airdropLighter RH: Points live · farm board−$49 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: OKX is 0.127% dearer against Lighter RH than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.056%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.964	0.0096	pay 0.0012% / 1h	28m 52s	$482K	$1.4M	5x
Short	OKX VVV-USDT-SWAP	31.987	0.0100	get 0.0050% / 4h	1h 28m	$4.7M	$24.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.072%Rate

Funding earned: $0.84
Price spread: +0.072% → −0.056%: $12.75
Slippage, 4 orders: −$33.22
Fee Lighter RH: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.63
Costs to cover: 0.432%
Break-even: 253.9 days

Slippage from Lighter RH: live order book, 2 min ago; OKX: live order book, 3 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	5.00 bp	6.2 bp −$6	17.7 bp −$177	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	2.34 bp	17.5 bp −$17	58.9 bp −$589	doesn't fit	doesn't fit

VVV on 32 exchanges

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	−0.0435%	1h	31.959	−0.017%	$85K	$20K	10x	as long as short
RISEx VVV/USDC	−0.0142%	1h	31.982	+0.056%	$362K	$748K	5x	as long as short
Gate VVV_USDT	−0.0008%	4h	31.987	+0.072%	$12.7M	$5.1M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	32.011	+0.147%	$136K	$5.4M	1.6x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.039	+0.236%	$19K	—	150x	as long as short
Coinbase International VVV-PERP-INTX	+0.0024%	1h	32.000	+0.113%	$168K	$1.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.678%	$2K	$1K	5.5x	as long as short
Polymarket Perps VVV-USD	+0.0090%	1h	31.967	+0.009%	$113K	$1.3M	3x	as long as short
Lighter VVV	+0.0096%	1h	31.961	−0.008%	$1.9M	$3.8M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.964	long leg	$482K	$1.4M	5x

Show all 32 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.981	+0.053%	$162K	$914K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.003	+0.121%	$252K	$506K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.989	+0.078%	$188K	$110K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.999	+0.109%	$33.2M	$100.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.986	+0.069%	$37.7M	$39.0M	20x	as long as short
OKX VVV-USDT-SWAPshort	+0.0100%	4h	31.987	+0.072%	$4.7M	$24.3M	20x
MEXC VVV_USDT	+0.0100%	4h	31.977	+0.041%	$7.7M	$4.5M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.982	+0.056%	$1.7M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.967	+0.009%	$5.8M	$5.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.975	+0.034%	—	$4.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.972	+0.025%	$2.0M	$345K	—	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.965	+0.003%	$2.0M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.982	+0.058%	$3K	$50	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.952	−0.038%	$300K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.967	+0.009%	$6K	—	3x	as long as short
Hyperliquid VVV	+0.0114%	1h	32.020	+0.175%	$74.6M	$45.2M	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.970	+0.019%	$79K	$322K	10x	as long as short
BloFin VVV-USDT	+0.0121%	4h	31.951	−0.041%	$1.3M	$1.5M	25x	as long as short
Phoenix VVV	+0.0198%	1h	32.024	+0.188%	$33K	$192K	5x	as long as short
01 Exchange VVVUSD	+0.0200%	1h	31.982	+0.056%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0449% / S −0.0219%	1h	31.976	+0.039%	$514K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0507%	1h	31.988	+0.076%	$176K	$260K	5x	as long as short