VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.08 per $10,000 · paid last 24h −0.069%

Price spread now: Polymarket Perps against Lighter RH+0.016%7-day average −0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$290.291% of the position

Long on Lighter RH Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.633%−$63 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.016%, 7d avg −0.080%

Together, before fees−0.715%+ Points / potential airdropLighter RH: Points live · farm board−$71 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.096% dearer against Lighter RH than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.080%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.9 days. At the pace of the last 7 days (−0.633% in total) that is about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.133	0.0096	pay 0.0012% / 1h	36m 27s	$460K	$1.5M	5x
Short	Polymarket Perps VVV-USD	31.138	0.0030	get 0.0004% / 1h	36m 27s	$134K	$1.2M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$13.86
Price spread: +0.016% → −0.080%: $9.6
Slippage, 4 orders: −$21.08
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$33.34
Costs to cover: 0.291%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 1 min ago; Polymarket Perps: 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, 1 min ago	6.10 bp	6.1 bp −$6	20.9 bp −$209	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	1.93 bp	5.9 bp −$6	6.1 bp −$61	doesn't fit	doesn't fit

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
RISEx VVV/USDC	−0.0152%	1h	31.121	−0.038%	$382K	$644K	5x	as long as short
Gate VVV_USDT	−0.0096%	4h	31.153	+0.064%	$10.5M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.125	−0.027%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.177	+0.140%	$23K	—	150x	as long as short
Polymarket Perps VVV-USDshort	+0.0030%	1h	31.138	+0.016%	$134K	$1.2M	3x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.419%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	31.142	+0.029%	$11K	$3K	3x	as long as short
BloFin VVV-USDT	+0.0080%	4h	31.157	+0.077%	$1.3M	$1.7M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.153	+0.065%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.133	long leg	$460K	$1.5M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.140	+0.023%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.151	+0.059%	$132K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.175	+0.135%	$71.4M	$51.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.134	+0.002%	$251K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.161	+0.088%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.164	+0.098%	$33.2M	$146.1M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.151	+0.057%	$38.4M	$50.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.165	+0.103%	$4.8M	$38.8M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.158	+0.080%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.137	+0.013%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.140	+0.022%	$5.7M	$8.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.170	+0.119%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.151	+0.058%	$2.0M	$246K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.121	−0.039%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.129	−0.013%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.143	+0.032%	$294K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.127	−0.020%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	31.145	+0.038%	$77K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0134%	8h	31.161	+0.090%	$106K	$6.2M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.166	+0.106%	$38K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.105	−0.089%	$139K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.162	+0.094%	$561K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0218%	1h	31.169	+0.115%	$113K	$311K	5x	as long as short