Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.041%

Price spread now: Lighter RH against OKX+0.062%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$50as in the Price arb table

costs, in and out, $10k−$510.510% of the position

Long on OKX Short on Lighter RH

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−0.056%−$6 · spread now +0.062%, 7d avg +0.057%

Together, before fees+0.472%+ Points / potential airdropLighter RH: Points live · farm board+$47 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX VVV-USDT-SWAP	30.676	0.0100	pay 0.0050% / 4h	3h 50m	$4.8M	$32.1M	20x
Short	Lighter RH VVV	30.695	0.0096	get 0.0012% / 1h	50m 44s	$449K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against OKX. 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 OKXbpFee Lighter RHbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$0.84
Price spread: +0.062% → +0.057%: $0.54
Slippage, 4 orders: −$41
Fee OKX: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$51.3
Costs to cover: 0.510%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Lighter RH: 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 OKX live order book, 3 min ago	1.46 bp	16.5 bp −$16	69.8 bp −$698	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	1.63 bp	13.0 bp −$13	24.4 bp −$244	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	−0.0417%	1h	30.651	−0.082%	$376K	$643K	5x	as long as short
Polymarket Perps VVV-USD	−0.0141%	1h	30.696	+0.065%	$128K	$1.2M	3x	as long as short
Coinbase International VVV-PERP-INTX	−0.0088%	1h	30.832	+0.510%	$145K	$1.2M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	30.718	+0.137%	$104K	$5.6M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.660	−0.051%	$85K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.681	+0.017%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.989%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	30.669	−0.022%	$2.0M	$5.1M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	30.695	+0.062%	$449K	$1.6M	5x
Gate VVV_USDT	+0.0098%	4h	30.674	−0.007%	$10.3M	$5.8M	25x	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	30.655	−0.069%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.699	+0.077%	$141K	$873K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.689	+0.041%	$69.9M	$48.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.709	+0.107%	$245K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.692	+0.051%	$181K	$132K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.679	+0.010%	$32.9M	$127.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.659	−0.055%	$38.1M	$42.6M	20x	as long as short
OKX VVV-USDT-SWAPlong	+0.0100%	4h	30.676	long leg	$4.8M	$32.1M	20x
MEXC VVV_USDT	+0.0100%	4h	30.682	+0.020%	$6.3M	$5.8M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.707	+0.101%	$1.9M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.689	+0.042%	$5.6M	$7.4M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.691	+0.049%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.667	−0.029%	$1.8M	$284K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.671	−0.015%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.702	+0.085%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.665	−0.034%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.685	+0.029%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	30.775	+0.322%	$76K	$333K	10x	as long as short
01 Exchange VVVUSD	+0.0128%	1h	30.712	+0.117%	$11K	$3K	3x	as long as short
Phoenix VVV	+0.0129%	1h	30.789	+0.368%	$32K	$257K	5x	as long as short
BloFin VVV-USDT	+0.0153%	4h	30.681	+0.016%	$1.3M	$1.6M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0261%	1h	30.699	+0.076%	$121K	$249K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0426% / S −0.0174%	1h	30.677	+0.004%	$538K	—	100x	as long as short