Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 22.248 | +0.0100 | pay 0.0013% / 1h | 33m 06s | $276K | $345K | 20x | Long TxFlow5% off | |
| SHORT | 22.288 | +0.0328 | get 0.0041% / 1h | 33m 06s | $1.7M | $1.1M | 5x | Short Lighter7d free |
Price gap+0.181%
Funding gap+0.0228% /8h
Funding trade: +$7 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$8+0.0228% /8h now · paid +0.080% over the last 7D
Price+$1spread +0.181% now, avg +0.173% → +0.008% if it goes back
Costs−$520.525% of $10k · taker + slippage, in and out
Result−$44−0.44%+ Points / potential airdropTxFlow: points · Lighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.080% in total, about +0.0038%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.181%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hVVV on 36 exchanges
lowest funding firstBefore you open
3 ok · 2 to watch- Watch: Thin at this size25.8 / 6.0 bpAt $10k entering TxFlow costs 25.8 bp, fee and slippage, 4.3× Lighter’s.
- Note: Margin at max leverage$500 + $2,000TxFlow 20x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$6.84Long TxFlow: 24 payments, −$3.00; short Lighter: 24 payments, +$9.84.
- Note: Gap at its usual level+0.181% vs +0.173%The price leg adds little either way.
- Watch: Long leg is thinner$276K vs $1.7M OITxFlow sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow points · Lighter Season 3Volume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Lighter NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0038%/8h × 21 periods+$7.95
Price spread+0.181% → +0.173% (7d avg)+$0.76
Slippage, 4 orderslive order books−$43.50
Fee TxFlow bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k−$43.78
Costs to cover0.525%Break-even45.5 days
Slippage: TxFlow: live order book, 19 min ago; Lighter: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow2.0225.8 bp−$26doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTLighter0.816.0 bp−$613.3 bp−$133251.6 bp−$25.2Kdoesn’t fit
Closing costs about the same again.
| 10-29 13:21 | Orderly | Listing | Another one hits the order book 🟣 $VVV, the native token of @AskVenice, is now LIVE as a perp on Orderly Go long or short across 500+ Orderly-powered DEXs @OrderlyNetwork on X ↗ |
| 10-28 15:05 | Orderly | Listing | new market PERP_VVV_USDC_mythos ($VVV) seen by our collector |
| 10-26 07:15 | AZverse | Listing | new market vvv_usdt ($VVV) seen by our collector |
| 10-01 00:11 | Derive | Token | September at Derive: ➤ Leadership. @APvanvoorhees joined as Chief Legal and Compliance Officer, bringing 20+ years in capital markets and derivatives law. ➤ Record month. $1.7B in a week, $4.8B for September. ➤ New markets. LIT, PUMP and VVV markets went live, with liquidity ramping ahead of V3. ➤ Governance. Proposals went live for the V3 launch and increasing the share of protocol revenue allocated to $DRV buybacks from 35% to 50%. ➤ fomo. Derive joined @fomo, giving users another way to follow our updates. ➤ Bitvavo listing. $DRV went live for eligible users in supported regions. Next: Derive V3. @DeriveXYZ on X ↗ |
| 09-23 15:23 | Perpl | Listing | You can now trade $VVV with up to 3x leverage. For the next 24 hours, $1,000 in extra mPoints will be allocated to traders in proportion to their volume on the pair. @perpltrade on X ↗ |
| 09-23 15:22 | Perpl | Listing | new market VVV ($VVV) seen by our collector |

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