Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.050%

Price spread now: Paradex against Lighter RH−0.025%7-day average — · you buy dearer than you sell

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

Long on Lighter RH Short on Paradex

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 RH: Points live · Paradex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.025% cheaper against Lighter RH than usual: you would sell low and buy high, −$3 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	30.848	0.0096	pay 0.0012% / 1h	37m 29s	$451K	$1.6M	5x
Short	Paradex VVV-USD-PERP	30.840	0.0100	get 0.0100% / 8h	4h 37m	$3K	$73	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0.83
Price spread: −0.025% → 0.000%: −$2.51
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$5.68
Costs to cover: 0.040%
Break-even: 55.1 days

Slippage unknown: Lighter RH: live order book, just now; Paradex: 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, just now	2.11 bp	9.6 bp −$10	17.2 bp −$172	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0299%	1h	30.748	−0.326%	$377K	$629K	5x	as long as short
Polymarket Perps VVV-USD	−0.0087%	1h	30.747	−0.327%	$129K	$1.2M	3x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.849	+0.003%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.800	−0.155%	$23K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.393%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0034%	4h	30.805	−0.139%	$10.3M	$5.9M	25x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.771	−0.250%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.259%	$144K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.836	−0.038%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVVlong	+0.0096%	1h	30.848	long leg	$451K	$1.6M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Paradex VVV-USD-PERPshort	+0.0100%	8h	30.840	−0.025%	$3K	$73	5x
Nado VVV-PERP	+0.0100%	1h	30.743	−0.339%	$111K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.749	−0.321%	$70.2M	$49.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.859	+0.037%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.869	+0.067%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.769	−0.254%	$32.8M	$130.9M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.718	−0.422%	$38.2M	$43.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.736	−0.363%	$4.8M	$33.6M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.763	−0.276%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.807	−0.133%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.744	−0.337%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.791	−0.185%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.811	−0.121%	$1.9M	$296K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.837	−0.035%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.845	−0.010%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.774	−0.241%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.840	−0.024%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0112%	4h	30.779	−0.224%	$76K	$333K	10x	as long as short
BloFin VVV-USDT	+0.0129%	4h	30.803	−0.146%	$1.3M	$1.6M	25x	as long as short
Kalshi KXVVVPERP	+0.0158%	8h	30.813	−0.113%	$96K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0172% / S +0.0127%	1h	30.838	−0.033%	$556K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.866	+0.058%	$32K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0198%	1h	30.873	+0.083%	$120K	$254K	5x	as long as short