VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h +0.067%

Price spread now: Lighter RH against Coinbase International+0.007%7-day average +0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$100as in the Price arb table

costs, in and out, $10k−$920.922% of the position

Long on Coinbase International Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.437%+$44 on $10k

Price spread, last 3 days (all we have)+0.518%+$52 · spread now +0.007%, 7d avg +0.081%

Together, before fees+0.955%+ Points / potential airdropLighter RH: Points live · farm board+$96 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Lighter RH is 0.074% cheaper against Coinbase International than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.081%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.437%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.966	0.0320	pay 0.0040% / 1h	52m 13s	$240K	$1.3M	25x
Short	Lighter RH VVV	31.968	0.0096	get 0.0012% / 1h	52m 13s	$476K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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 Coinbase InternationalbpFee Lighter RHbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$47.04
Price spread: +0.007% → +0.081%: −$7.41
Slippage, 4 orders: −$82.18
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$146.63
Costs to cover: 0.922%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 1 min ago; Lighter RH: live order book, 1 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 Coinbase International live order book, 1 min ago	31.17 bp	39.0 bp −$39	53.6 bp −$536	doesn't fit	doesn't fit
Sell Lighter RH live order book, 1 min ago	5.78 bp	10.6 bp −$11	29.4 bp −$294	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
Polymarket Perps VVV-USD	−0.0203%	1h	32.015	+0.154%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0032%	1h	32.043	+0.241%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.038	+0.226%	$394K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.977	+0.035%	$107K	$6.8M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.140%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.032	+0.206%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.051	+0.267%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.672%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0069%	4h	31.849	−0.366%	$1.3M	$1.8M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.985	+0.059%	$2.2M	$5.9M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH VVVshort	+0.0096%	1h	31.968	+0.007%	$476K	$1.6M	5x
Nado VVV-PERP	+0.0100%	1h	32.035	+0.218%	$126K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.067	+0.316%	$74.3M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.010	+0.137%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.980	+0.045%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.977	+0.035%	$33.6M	$155.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.968	+0.006%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	32.033	+0.210%	$4.7M	$42.0M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.020	+0.169%	$10.8M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.038	+0.226%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.026	+0.188%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	32.012	+0.144%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.052	+0.269%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.948	−0.057%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.018	+0.163%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.990	+0.075%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.975	+0.029%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	32.013	+0.147%	$305K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.994	+0.088%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0104%	4h	31.933	−0.102%	$79K	$333K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0140%	1h	31.856	−0.345%	$123K	$339K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.053	+0.272%	$580K	—	100x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0320%	1h	31.966	long leg	$240K	$1.3M	25x