VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.067%

Price spread now: Lighter against Nado−0.029%47s7-day average +0.037% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$420.423% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.263%+$26 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now −0.029%, 7d avg +0.037%

Together, before fees+0.133%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$13 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: Lighter is 0.066% cheaper against Nado than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.037%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado VVV-PERP	30.636	0.0100	pay 0.0012% / 1h	45m 51s	$111K	$858K	3x
Short	Lighter VVV	30.627	0.0096	get 0.0012% / 1h	45m 51s	$2.0M	$5.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$0.84
Price spread: −0.029% → +0.037%: −$6.59
Slippage, 4 orders: −$35.29
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$49.72
Costs to cover: 0.423%
Break-even: never at this rate

Slippage from Nado: live order book, 12 min ago; Lighter: live order book, 7 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 Nado live order book, 12 min ago	9.75 bp	13.8 bp −$14	40.8 bp −$408	doesn't fit	doesn't fit
Sell Lighter live order book, 7 min ago	0.81 bp	7.3 bp −$7	50.2 bp −$502	1518.6 bp −$151.9K	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	−0.0299%	1h	30.617	−0.062%	$375K	$641K	5x	as long as short
Polymarket Perps VVV-USD	−0.0120%	1h	30.613	−0.075%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.621	−0.049%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.619	−0.055%	$23K	—	150x	as long as short
01 Exchange VVVUSD	+0.0016%	1h	30.636	0.000%	$11K	$3K	3x	as long as short
Gate VVV_USDT	+0.0020%	4h	30.630	−0.020%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+7.129%	$2K	$1K	5.5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.500	−0.444%	$147K	$1.2M	25x	as long as short
Lighter VVVshort	+0.0096%	1h	30.627	−0.029%	$2.0M	$5.2M	5x
Lighter RH VVV	+0.0096%	1h	30.612	−0.078%	$448K	$1.6M	5x	as long as short

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	30.646	+0.033%	$3K	$73	5x	as long as short
Nado VVV-PERPlong	+0.0100%	1h	30.636	long leg	$111K	$858K	3x
Hyperliquid VVV	+0.0100%	1h	30.618	−0.059%	$69.8M	$50.3M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.643	+0.023%	$246K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.655	+0.062%	$181K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.637	+0.003%	$32.6M	$133.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.610	−0.085%	$38.1M	$44.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.627	−0.029%	$4.7M	$34.5M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.651	+0.049%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.631	−0.016%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.617	−0.062%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.639	+0.010%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.612	−0.077%	$1.9M	$286K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.629	−0.022%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.644	+0.026%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.635	−0.002%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.596	−0.131%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0109%	4h	30.704	+0.222%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.578	−0.190%	$76K	$334K	10x	as long as short
Kalshi KXVVVPERP	+0.0160%	8h	30.632	−0.013%	$102K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.618	−0.060%	$552K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.679	+0.140%	$34K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0258%	1h	30.673	+0.121%	$119K	$258K	5x	as long as short