Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h −0.029%
Price spread now: Derive against Lighter RH−0.105%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 RH: Points live · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.105% cheaper against Lighter RH than usual: you would sell low and buy high, −$11 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH VVV | 31.343 | 0.0096 | pay 0.0012% / 1h | 2m 08s | $460K | $1.6M | 5x |
| Short | Derive VVV-PERP | 31.310 | 0.0100 | get 0.0013% / 1h | 2m 08s | $3K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against Lighter RH. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.105% → 0.000%
- −$10.55
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$15.71
- Costs to cover
- 0.060%
- Break-even
- 137.9 days
Slippage unknown: Lighter RH: live order book, 1 min ago; Derive: 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 RH live order book, 1 min ago | 3.19 bp | 8.1 bp −$8 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: 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 | |
|---|---|---|---|---|---|---|---|---|
| RISEx VVV/USDC | −0.0329% | 1h | 31.299 | −0.141% | $390K | $648K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.0040% | 1h | 31.403 | +0.192% | $191K | $1.3M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.327 | −0.052% | $87K | $22K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0002% | 1h | 31.331 | −0.038% | $22K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +4.712% | $2K | $1K | 5.5x | as long as short |
| Lighter VVV | +0.0096% | 1h | 31.307 | −0.114% | $2.0M | $4.8M | 5x | as long as short |
| Lighter RH VVVlong | +0.0096% | 1h | 31.343 | long leg | $460K | $1.6M | 5x | |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.317 | −0.084% | $3K | $73 | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 31.332 | −0.034% | $162K | $897K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 31.387 | +0.140% | $70.6M | $48.0M | 3x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster VVVUSDT | +0.0100% | 4h | 31.336 | −0.022% | $249K | $1.0M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.330 | −0.041% | $185K | $128K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.362 | +0.061% | $33.9M | $121.5M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 31.329 | −0.045% | $38.6M | $41.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.363 | +0.064% | $4.9M | $31.2M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 31.337 | −0.019% | $11.1M | $5.7M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.363 | +0.064% | $6.7M | $5.8M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.329 | −0.045% | $1.8M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.347 | +0.013% | $5.8M | $7.1M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.357 | +0.045% | — | $4.9M | — | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.292 | −0.163% | $2.0M | $355K | — | as long as short |
| Polymarket Perps VVV-USD | +0.0100% | 1h | 31.330 | −0.041% | $121K | $1.4M | 3x | as long as short |
| Derive VVV-PERPshort | +0.0100% | 1h | 31.310 | −0.105% | $3K | $3K | 5x | |
| Phemex VVVUSDT | +0.0100% | 4h | 31.326 | −0.054% | $2.0M | $2.1M | 50x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.327 | −0.050% | $298K | $2.2M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.335 | −0.024% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0109% | 4h | 31.298 | −0.143% | $78K | $333K | 10x | as long as short |
| 01 Exchange VVVUSD | +0.0128% | 1h | 31.310 | −0.105% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | +0.0134% | 8h | 31.371 | +0.089% | $100K | $5.5M | 1.7x | as long as short |
| BloFin VVV-USDT | +0.0139% | 4h | 31.381 | +0.121% | $1.3M | $1.5M | 25x | as long as short |
| Phoenix VVV | +0.0209% | 1h | 31.312 | −0.099% | $33K | $243K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0425% / S −0.0198% | 1h | 31.336 | −0.023% | $501K | — | 100x | as long as short |
| Backpack VVV_USDC_PERP | +0.0440% | 1h | 31.396 | +0.168% | $152K | $263K | 5x | as long as short |
Lighter RH VVV
Derive VVV-PERP
RISEx VVV/USDC
Coinbase International VVV-PERP-INTX
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Paradex VVV-USD-PERP
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
Gate VVV_USDT
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Variational Omni VVV
Polymarket Perps VVV-USD
Phemex VVVUSDT
Extended VVV-USD
edgeX VVVUSDC
01 Exchange VVVUSD
Kalshi KXVVVPERP
BloFin VVV-USDT
Phoenix VVV
GMX VVV/USD [ETH-USDC]
Backpack VVV_USDC_PERP