VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0395%/8h= +43.3% APRnext payment +$0.49 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against RISEx+0.091%7-day average +0.080% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.241% of the position

Long on RISEx Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.061%−$6 on $10k

Price spread, last 7 days−0.162%−$16 · spread now +0.091%, 7d avg +0.080%

Together, before fees−0.224%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.061% in total (about -6.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx VVV/USDC	30.801	−0.0299	get 0.0037% / 1h	40m 35s	$378K	$632K	5x
Short	Lighter VVV	30.829	0.0096	get 0.0012% / 1h	40m 35s	$2.1M	$5.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against RISEx. 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 RISExbpFee LighterbpOrdersPrice spread, now +0.091%Rate

Funding earned: $82.95
Price spread: +0.091% → +0.080%: $1.12
Slippage, 4 orders: −$18.07
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter: 0 bp × 2 orders: $0
Net: $60
Costs to cover: 0.241%
Break-even: 1.9 days

Slippage from RISEx: live order book, 18 min ago; Lighter: live order book, 12 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 RISEx live order book, 18 min ago	2.84 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 12 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/USDClong	−0.0299%	1h	30.801	long leg	$378K	$632K	5x
Polymarket Perps VVV-USD	−0.0072%	1h	30.802	+0.004%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.828	+0.088%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.833	+0.105%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0032%	4h	30.832	+0.101%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.555%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.831	+0.098%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.107%	$144K	$1.2M	25x	as long as short
Lighter VVVshort	+0.0096%	1h	30.829	+0.091%	$2.1M	$5.2M	5x
Lighter RH VVV	+0.0096%	1h	30.834	+0.107%	$451K	$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	30.815	+0.045%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.813	+0.039%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.866	+0.211%	$70.4M	$50.4M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.870	+0.226%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.844	+0.139%	$182K	$134K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.844	+0.139%	$32.9M	$132.3M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.824	+0.075%	$38.3M	$44.3M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.842	+0.133%	$4.8M	$34.4M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.849	+0.156%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.867	+0.215%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.827	+0.085%	$5.7M	$7.6M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.832	+0.101%	—	$5.1M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.811	+0.032%	$1.9M	$296K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.822	+0.070%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.834	+0.107%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.816	+0.048%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.828	+0.088%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0105%	4h	30.831	+0.098%	$1.3M	$1.6M	25x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.728	−0.236%	$76K	$332K	10x	as long as short
Kalshi KXVVVPERP	+0.0160%	8h	30.812	+0.036%	$95K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0173% / S +0.0127%	1h	30.827	+0.084%	$555K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.825	+0.078%	$32K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0262%	1h	30.851	+0.163%	$120K	$255K	5x	as long as short