VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.080%

Price spread now: Lighter against Pacifica−0.060%7-day average +0.066% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.060%, 7d avg +0.066%

Together, before fees+0.582%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$58 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 0.126% cheaper against Pacifica than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.066%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	31.481	0.0100	pay 0.0013% / 1h	37m 31s	$187K	$176K	10x
Short	Lighter VVV	31.462	0.0096	get 0.0012% / 1h	37m 31s	$2.2M	$5.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now −0.060%Rate

Funding earned: −$0.84
Price spread: −0.060% → +0.066%: −$12.61
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$21.45
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 50 min ago; Lighter: live order book, 6 min ago. 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 Pacifica live order book, 50 min ago	14.90 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 6 min ago	3.91 bp	12.7 bp −$13	43.8 bp −$438	284.2 bp −$28.4K	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
01 Exchange VVVUSD	−0.0032%	1h	31.467	−0.043%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.426	−0.173%	$117K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.444	−0.117%	$90K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.441	−0.127%	$18K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.255%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0050%	4h	31.374	−0.339%	$1.3M	$1.7M	25x	as long as short
Polymarket Perps VVV-USD	+0.0062%	1h	31.433	−0.151%	$134K	$1.2M	3x	as long as short
Phoenix VVV	+0.0077%	1h	31.381	−0.316%	$55K	$292K	5x	as long as short
RISEx VVV/USDC	+0.0078%	1h	31.458	−0.073%	$386K	$573K	5x	as long as short
Lighter VVVshort	+0.0096%	1h	31.462	−0.060%	$2.2M	$5.4M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVV	+0.0096%	1h	31.474	−0.021%	$464K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.460	−0.064%	$144K	$781K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.487	+0.020%	$71.8M	$54.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.446	−0.109%	$276K	$1.8M	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	31.481	long leg	$187K	$176K	10x
Binance VVVUSDT	+0.0100%	4h	31.466	−0.046%	$33.3M	$154.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.453	−0.087%	$38.8M	$51.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.464	−0.053%	$4.7M	$41.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.464	−0.053%	$10.6M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.489	+0.027%	$16.9M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.464	−0.053%	$2.3M	$2.6M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.462	−0.059%	$5.7M	$8.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.482	+0.005%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.327	−0.487%	$2.1M	$184K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.434	−0.148%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.440	−0.129%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.487	+0.022%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.458	−0.072%	$314K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.416	−0.204%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0114%	4h	31.380	−0.319%	$78K	$330K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0202%	1h	31.506	+0.079%	$119K	$379K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0232%	1h	31.325	−0.495%	$172K	$1.2M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0443% / S −0.0195%	1h	31.434	−0.148%	$537K	—	100x	as long as short