Funding you earn now, next payment 00:00 UTC−0.0267%/8h= −29.3% APRnext payment −$0.33 per $10,000 · paid last 24h −0.055%
Price spread now: GMX against Lighter RH+0.006%7-day average −0.129% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.348%−$35 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.006%, 7d avg −0.129%
=Together, before fees−0.394%+ Points / potential airdropLighter RH: Points live · farm board−$39 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GMX is 0.135% dearer against Lighter RH than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.129%): +$14 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 40 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH VVV | 32.220 | 0.0096 | pay 0.0012% / 1h | 38m 39s | $479K | $1.6M | 5x |
| Short | GMX VVV/USD [ETH-USDC] | 32.222 | L +0.0182% / S +0.0171% | pay 0.0021% / 1h | 38m 39s | $620K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- −$56.15
- Price spread: +0.006% → −0.129%
- $13.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$54.63
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 4 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 RH live order book, 4 min ago | 4.81 bp | 4.8 bp −$5 | 14.3 bp −$143 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.249 | +0.090% | $113K | $6.9M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 32.223 | +0.009% | $91K | $23K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.234 | +0.044% | $19K | — | 150x | as long as short |
| Polymarket Perps VVV-USD | +0.0030% | 1h | 32.193 | −0.084% | $147K | $1.2M | 3x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +1.862% | $2K | $1K | 5.5x | as long as short |
| RISEx VVV/USDC | +0.0040% | 1h | 32.226 | +0.019% | $396K | $603K | 5x | as long as short |
| BloFin VVV-USDT | +0.0067% | 4h | 32.238 | +0.056% | $1.3M | $1.8M | 25x | as long as short |
| 01 Exchange VVVUSD | +0.0072% | 1h | 32.209 | −0.034% | $12K | $3K | 3x | as long as short |
| Lighter VVV | +0.0096% | 1h | 32.254 | +0.104% | $2.3M | $5.5M | 5x | as long as short |
| Lighter RH VVVlong | +0.0096% | 1h | 32.220 | long leg | $479K | $1.6M | 5x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado VVV-PERP | +0.0100% | 1h | 32.214 | −0.019% | $161K | $833K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.259 | +0.121% | $74.7M | $55.7M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.241 | +0.064% | $265K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.246 | +0.080% | $193K | $191K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.240 | +0.063% | $33.8M | $157.0M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.215 | −0.015% | $39.6M | $52.6M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.231 | +0.034% | $4.7M | $42.7M | 20x | as long as short |
| Gate VVV_USDT | +0.0100% | 4h | 32.220 | 0.000% | $10.8M | $7.5M | 25x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.239 | +0.059% | $6.4M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.239 | +0.059% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.231 | +0.034% | $5.9M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.239 | +0.059% | — | $5.5M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.0100% | 1h | 32.257 | +0.114% | $122K | $358K | 5x | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.185 | −0.107% | $2.1M | $183K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.219 | −0.003% | $1K | $1K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.222 | +0.006% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.239 | +0.060% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.231 | +0.034% | $325K | $1.6M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.222 | +0.005% | $6K | $13K | 3x | as long as short |
| edgeX VVVUSDC | +0.0113% | 4h | 32.213 | −0.021% | $80K | $332K | 10x | as long as short |
| Phoenix VVV | +0.0124% | 1h | 32.246 | +0.081% | $56K | $299K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC]short | L +0.0182% / S +0.0171% | 1h | 32.222 | +0.006% | $620K | — | 100x | |
| Coinbase International VVV-PERP-INTX | +0.0192% | 1h | 32.278 | +0.179% | $242K | $1.3M | 25x | as long as short |
Lighter RH VVV
GMX VVV/USD [ETH-USDC]
Kalshi KXVVVPERP
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Polymarket Perps VVV-USD
Injective VVV/USDC PERP
RISEx VVV/USDC
BloFin VVV-USDT
01 Exchange VVVUSD
Lighter VVV
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
Backpack VVV_USDC_PERP
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
Phoenix VVV
Coinbase International VVV-PERP-INTX