VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.01 per $10,000 · paid last 24h +0.047%

Price spread now: Hyperliquid against Lighter RH+0.427%7-day average −0.021% · you sell dearer than you buy

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

Long on Lighter RH Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.323%−$32 on $10k

Price spread, last 4 days (all we have)−0.448%−$45 · spread now +0.427%, 7d avg −0.021%

Together, before fees−0.771%+ Points / potential airdropLighter RH: Points live · Hyperliquid: Season 2 · farm board−$77 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: Hyperliquid is 0.448% dearer against Lighter RH than usual: you sell high and buy low, +$45 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH VVV	31.122	0.0096	pay 0.0012% / 1h	56m 46s	$460K	$1.5M	5x
Short	Hyperliquid VVV	31.255	0.0100	get 0.0013% / 1h	56m 46s	$72.1M	$53.3M	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 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 Lighter RHbpFee HyperliquidbpOrdersPrice spread, now +0.427%Rate

Funding earned: $0.84
Price spread: +0.427% → −0.021%: $44.8
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $36.64
Costs to cover: 0.090%
Break-even: from the start

Slippage unknown: Lighter RH: live order book, 1 min ago; Hyperliquid: live order book, 7 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 Lighter RH live order book, 1 min ago	2.73 bp	8.8 bp −$9	20.3 bp −$203	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 7 min ago	0.96 bp	doesn't fit	doesn't fit	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
Polymarket Perps VVV-USD	−0.0157%	1h	31.129	+0.022%	$134K	$1.2M	3x	as long as short
RISEx VVV/USDC	−0.0152%	1h	31.115	−0.024%	$382K	$644K	5x	as long as short
Gate VVV_USDT	−0.0070%	4h	31.181	+0.190%	$10.5M	$6.1M	25x	as long as short
Phoenix VVV	0.0000%	1h	31.373	+0.807%	$38K	$264K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.127	+0.016%	$87K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.145	+0.076%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.456%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.109	−0.040%	$2.1M	$5.3M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	31.122	long leg	$460K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.115	−0.021%	$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	31.134	+0.040%	$130K	$846K	3x	as long as short
Hyperliquid VVVshort	+0.0100%	1h	31.255	+0.427%	$72.1M	$53.3M	3x
Aster VVVUSDT	+0.0100%	4h	31.187	+0.209%	$252K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.141	+0.061%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.215	+0.300%	$33.2M	$146.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.237	+0.371%	$38.4M	$49.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.234	+0.360%	$4.7M	$39.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.218	+0.308%	$6.3M	$6.6M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.156	+0.109%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.211	+0.286%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.232	+0.353%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.347	+0.721%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.125	+0.009%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.169	+0.151%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.203	+0.259%	$293K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.192	+0.225%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0119%	4h	31.350	+0.734%	$78K	$336K	10x	as long as short
Kalshi KXVVVPERP	+0.0125%	8h	31.207	+0.273%	$107K	$6.2M	1.7x	as long as short
01 Exchange VVVUSD	+0.0144%	1h	31.131	+0.029%	$11K	$3K	3x	as long as short
Backpack VVV_USDC_PERP	+0.0155%	1h	31.151	+0.094%	$120K	$309K	5x	as long as short
Coinbase International VVV-PERP-INTX	+0.0168%	1h	31.154	+0.102%	$155K	$1.3M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0175% / S +0.0125%	1h	31.123	+0.004%	$561K	—	100x	as long as short