VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.029%

Price spread now: Lighter against Injective−2.477%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Lighter is 2.477% cheaper against Injective than usual: you would sell low and buy high (spread −2.477% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$248 on $10k: about 4 months of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	19m 13s	$2K	$1K	5.5x
Short	Lighter VVV	32.007	0.0096	get 0.0012% / 1h	19m 13s	$2.3M	$5.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −2.477%Rate

Funding earned: $13.16
Price spread: −2.477% → 0.000%: −$247.65
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$234.51
Costs to cover: 0.000%
Break-even: 131.7 days

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 4 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	3.20 bp	10.9 bp −$11	39.8 bp −$398	665.6 bp −$66.6K	doesn't fit

Injective: 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
Kalshi KXVVVPERP	0.0000%	8h	32.002	−2.492%	$106K	$6.8M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.998	−2.505%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.007	−2.476%	$19K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0027%	1h	31.999	−2.502%	$146K	$1.2M	3x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
01 Exchange VVVUSD	+0.0040%	1h	32.022	−2.431%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	+0.0040%	1h	32.011	−2.464%	$394K	$604K	5x	as long as short
Lighter VVVshort	+0.0096%	1h	32.007	−2.477%	$2.3M	$5.5M	5x
Lighter RH VVV	+0.0096%	1h	31.976	−2.572%	$476K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	32.023	−2.430%	$126K	$850K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid VVV	+0.0100%	1h	31.998	−2.503%	$74.1M	$55.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.010	−2.468%	$263K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.984	−2.548%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.008	−2.474%	$33.5M	$156.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.988	−2.534%	$39.3M	$52.0M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.960	−2.620%	$4.6M	$42.2M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.981	−2.556%	$10.8M	$7.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.004	−2.486%	$6.4M	$7.1M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.993	−2.520%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.961	−2.617%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.972	−2.584%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.987	−2.538%	$2.1M	$183K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.998	−2.505%	$2K	$1K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	32.011	−2.465%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.976	−2.571%	$3K	$106	5x	as long as short
Extended VVV-USD	+0.0104%	1h	31.982	−2.553%	$321K	$1.6M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.005	−2.482%	$6K	$13K	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	32.032	−2.402%	$80K	$334K	10x	as long as short
Phoenix VVV	+0.0124%	1h	32.000	−2.498%	$56K	$299K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0130%	1h	32.005	−2.485%	$123K	$360K	5x	as long as short
BloFin VVV-USDT	+0.0158%	4h	32.021	−2.434%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0180% / S +0.0119%	1h	32.001	−2.495%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0192%	1h	32.278	−1.652%	$242K	$1.3M	25x	as long as short