VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0400%/8h= −43.8% APRnext payment −$0.50 per $10,000 · paid last 24h −0.042%

Price spread now: Lighter against 01 Exchange−0.394%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Lighter is 0.394% cheaper against 01 Exchange than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange VVVUSD	32.700	0.0496	pay 0.0062% / 1h	37m 54s	$12K	$3K	3x
Short	Lighter VVV	32.571	0.0096	get 0.0012% / 1h	37m 54s	$2.3M	$5.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against 01 Exchange. 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 01 ExchangebpFee LighterbpOrdersPrice spread, now −0.394%Rate

Funding earned: −$84
Price spread: −0.394% → 0.000%: −$39.39
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$130.39
Costs to cover: 0.070%
Break-even: never at this rate

Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 5 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	3.89 bp	11.8 bp −$12	30.0 bp −$300	308.2 bp −$30.8K	doesn't fit

01 Exchange: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Deribit VVV_USDC-PERPETUAL	−0.0035%	1h	32.654	−0.141%	$92K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.678	−0.068%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+0.367%	$2K	$1K	5.5x	as long as short
Lighter VVVshort	+0.0096%	1h	32.571	−0.394%	$2.3M	$5.5M	5x
Lighter RH VVV	+0.0096%	1h	32.548	−0.465%	$487K	$1.6M	5x	as long as short
Phoenix VVV	+0.0098%	1h	32.808	+0.330%	$57K	$294K	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.676	−0.072%	$151K	$783K	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.606	−0.287%	$273K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.691	−0.029%	$188K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.515	−0.566%	$34.1M	$156.2M	25x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit VVVUSDT	+0.0100%	4h	32.451	−0.761%	$40.0M	$52.4M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.446	−0.777%	$4.8M	$42.8M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.525	−0.535%	$11.0M	$7.7M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.553	−0.450%	$6.4M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.578	−0.373%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.442	−0.789%	$5.9M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.505	−0.596%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	32.678	−0.068%	$2.2M	$180K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	32.664	−0.110%	$131K	$1.2M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	32.659	−0.125%	$1K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.612	−0.269%	$2.1M	$2.0M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	32.692	−0.025%	$3K	$106	5x	as long as short
Kalshi KXVVVPERP	+0.0100%	8h	32.676	−0.073%	$108K	$6.8M	1.7x	as long as short
edgeX VVVUSDC	+0.0104%	4h	32.718	+0.056%	$81K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	32.535	−0.503%	$322K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.661	−0.118%	$7K	$13K	3x	as long as short
BloFin VVV-USDT	+0.0136%	4h	32.670	−0.092%	$1.4M	$1.8M	25x	as long as short
Coinbase International VVV-PERP-INTX	+0.0144%	1h	32.598	−0.311%	$198K	$1.1M	25x	as long as short
RISEx VVV/USDC	+0.0175%	1h	32.672	−0.086%	$401K	$595K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0189% / S +0.0165%	1h	32.662	−0.117%	$628K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0295%	1h	32.571	−0.394%	$125K	$374K	5x	as long as short
01 Exchange VVVUSDlong	+0.0496%	1h	32.700	long leg	$12K	$3K	3x
Hyperliquid VVV	+0.0680%	1h	32.524	−0.538%	$76.0M	$55.5M	3x	as long as short