Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.062%

Price spread now: Paradex against Lighter RH+0.562%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 Paradex

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 · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.562% dearer against Lighter RH than usual: you sell high and buy low, +$56 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	31.788	0.0096	pay 0.0012% / 1h	35m 00s	$473K	$1.6M	5x
Short	Paradex VVV-USD-PERP	31.967	0.0100	get 0.0100% / 8h	7h 35m	$3K	$106	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.562%Rate

Funding earned: $0.84
Price spread: +0.562% → 0.000%: $56.18
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: $53.02
Costs to cover: 0.040%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 3 min ago; Paradex: 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, 3 min ago	11.24 bp	11.2 bp −$11	21.5 bp −$215	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0463%	1h	31.791	+0.011%	$90K	$23K	10x	as long as short
Polymarket Perps VVV-USD	−0.0321%	1h	31.884	+0.302%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0104%	1h	31.912	+0.390%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.920	+0.416%	$393K	$601K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.964	+0.554%	$108K	$6.6M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	32.049	+0.821%	$56K	$298K	5x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.936	+0.465%	$19K	—	150x	as long as short
Gate VVV_USDT	+0.0010%	4h	31.862	+0.233%	$10.7M	$7.3M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.247%	$2K	$1K	5.5x	as long as short
Bybit VVVUSDT	+0.0051%	4h	31.837	+0.154%	$39.0M	$51.5M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVV	+0.0096%	1h	31.855	+0.211%	$2.2M	$5.9M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.788	long leg	$473K	$1.6M	5x
Nado VVV-PERP	+0.0100%	1h	31.925	+0.433%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.892	+0.327%	$73.9M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.872	+0.263%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.998	+0.661%	$191K	$189K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.846	+0.182%	$33.5M	$154.6M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.843	+0.173%	$4.6M	$41.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.849	+0.192%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.846	+0.182%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.861	+0.230%	$5.7M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.876	+0.277%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.872	+0.264%	$124K	$332K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	32.001	+0.669%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.811	+0.074%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.865	+0.242%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	31.967	+0.562%	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	31.843	+0.173%	$301K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.847	+0.185%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	32.094	+0.962%	$80K	$334K	10x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.849	+0.192%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0178% / S +0.0121%	1h	31.934	+0.459%	$577K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.985	+0.618%	$246K	$1.3M	25x	as long as short