VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0107%/8h= +11.7% APRnext payment +$0.13 per $10,000 · paid last 24h −0.034%

Price spread now: GMX against Lighter−0.008%7-day average −0.092% · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.173%−$17 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.008%, 7d avg −0.092%

Together, before fees−0.154%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.083% dearer against Lighter than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.092%. Mind the row above: over the last 3 days funding on this pair cost −0.173%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	31.545	0.0096	pay 0.0012% / 1h	22m 40s	$2.0M	$4.5M	5x
Short	GMX VVV/USD [ETH-USDC]	31.542	L +0.0431% / S −0.0203%	get 0.0025% / 1h	22m 40s	$504K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $22.42
Price spread: −0.008% → −0.092%: $8.32
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $18.75
Costs to cover: 0.120%
Break-even: 1.1 days

Slippage unknown: Lighter: live order book, 5 min ago; GMX: no order-book sample. 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 Lighter live order book, 5 min ago	4.99 bp	12.7 bp −$13	40.2 bp −$402	266.5 bp −$26.7K	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
Coinbase International VVV-PERP-INTX	−0.0088%	1h	31.602	+0.180%	$187K	$1.3M	25x	as long as short
RISEx VVV/USDC	−0.0085%	1h	31.574	+0.093%	$387K	$644K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.590	+0.143%	$11K	$2K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.550	+0.016%	$88K	$5.5M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.546	+0.002%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0003%	1h	31.552	+0.023%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.042%	$2K	$1K	5.5x	as long as short
BloFin VVV-USDT	+0.0067%	4h	31.547	+0.007%	$1.4M	$1.5M	25x	as long as short
Lighter VVVlong	+0.0096%	1h	31.545	long leg	$2.0M	$4.5M	5x
Lighter RH VVV	+0.0096%	1h	31.557	+0.038%	$464K	$1.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERP	+0.0100%	8h	31.588	+0.137%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.534	−0.036%	$133K	$913K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.578	+0.104%	$71.0M	$46.8M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.560	+0.049%	$250K	$951K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.570	+0.080%	$186K	$127K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.574	+0.092%	$34.0M	$119.5M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.567	+0.070%	$38.7M	$41.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.596	+0.162%	$4.9M	$30.5M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	31.566	+0.067%	$11.4M	$5.5M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.578	+0.105%	$6.8M	$5.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.552	+0.023%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.580	+0.111%	$5.8M	$7.0M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.588	+0.137%	—	$4.8M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.505	−0.127%	$2.0M	$352K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.516	−0.092%	$122K	$1.4M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.358	−0.593%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.533	−0.038%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0101%	4h	31.544	−0.002%	$78K	$330K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.565	+0.065%	$301K	$1.1M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.558	+0.040%	$6K	—	3x	as long as short
Phoenix VVV	+0.0307%	1h	31.572	+0.086%	$33K	$232K	5x	as long as short
GMX VVV/USD [ETH-USDC]short	L +0.0431% / S −0.0203%	1h	31.542	−0.008%	$504K	—	100x
Backpack VVV_USDC_PERP	+0.0449%	1h	31.562	+0.055%	$153K	$266K	5x	as long as short