VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.037%

Price spread now: Lighter RH against Extended−0.026%7-day average +0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$8as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$550.546% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.462%+$46 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.026%, 7d avg +0.112%

Together, before fees+0.640%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$64 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 RH is 0.138% cheaper against Extended than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.112%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended VVV-USD	31.724	0.0104	pay 0.0013% / 1h	18m 41s	$300K	$1.9M	5x
Short	Lighter RH VVV	31.716	0.0096	get 0.0012% / 1h	18m 41s	$468K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Extended. 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 ExtendedbpFee Lighter RHbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$1.68
Price spread: −0.026% → +0.112%: −$13.78
Slippage, 4 orders: −$49.64
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$70.1
Costs to cover: 0.546%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Lighter RH: live order book, 4 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 Extended live order book, 5 min ago	1.46 bp	20.9 bp −$21	236.3 bp −$2,363	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	4.09 bp	7.4 bp −$7	28.9 bp −$289	doesn't fit	doesn't fit

VVV on 32 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/USDC	−0.0111%	1h	31.756	+0.102%	$390K	$635K	5x	as long as short
Gate VVV_USDT	−0.0026%	4h	31.698	−0.082%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0011%	1h	31.766	+0.132%	$136K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.726	+0.006%	$46K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.753	+0.093%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.754	+0.094%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.455%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.726	+0.006%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.716	−0.026%	$468K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.720	−0.014%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.785	+0.190%	$132K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.763	+0.123%	$73.2M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.750	+0.081%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.740	+0.049%	$190K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.737	+0.041%	$33.7M	$148.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.714	−0.033%	$38.8M	$50.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.722	−0.007%	$4.7M	$39.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.746	+0.069%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.731	+0.022%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.723	−0.003%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.732	+0.025%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.702	−0.069%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.749	+0.079%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.763	+0.123%	$2.1M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	31.785	+0.192%	$119K	$6.4M	1.7x	as long as short
Extended VVV-USDlong	+0.0104%	1h	31.724	long leg	$300K	$1.9M	5x
Aevo VVV-PERP	+0.0104%	1h	31.756	+0.102%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.712	−0.039%	$79K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0112%	1h	31.798	+0.233%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0176% / S +0.0123%	1h	31.744	+0.062%	$574K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.786	+0.194%	$233K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	31.787	+0.198%	$123K	$317K	5x	as long as short