VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h +0.029%

Price spread now: Lighter against Pacifica−0.078%7-day average +0.055% · you buy dearer than you sell

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

Long on Pacifica Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.374%+$37 on $10k

Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.078%, 7d avg +0.055%

Together, before fees+0.558%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$56 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: Lighter is 0.132% cheaper against Pacifica than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of +0.055%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica VVV	31.503	0.0100	pay 0.0013% / 1h	14m 15s	$185K	$122K	10x
Short	Lighter VVV	31.479	0.0096	get 0.0012% / 1h	14m 15s	$1.9M	$4.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Pacifica. 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 PacificabpFee LighterbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$0.84
Price spread: −0.078% → +0.055%: −$13.23
Slippage, 4 orders: no order book: not counted
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$22.07
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Pacifica: live order book, 24 min ago; Lighter: live order book, 8 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 Pacifica live order book, 24 min ago	1.73 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 8 min ago	3.10 bp	11.3 bp −$11	59.7 bp −$597	1477.8 bp −$147.8K	doesn't fit

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	−0.0337%	1h	31.467	−0.114%	$386K	$665K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.499	−0.012%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.471	−0.101%	$96K	$5.3M	1.7x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.507	+0.012%	$88K	$22K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.500	−0.011%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.181%	$2K	$1K	5.5x	as long as short
Gate VVV_USDT	+0.0052%	4h	31.481	−0.070%	$11.7M	$5.2M	25x	as long as short
Lighter VVVshort	+0.0096%	1h	31.479	−0.078%	$1.9M	$4.2M	5x
Lighter RH VVV	+0.0096%	1h	31.496	−0.022%	$464K	$1.6M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.505	+0.006%	$3K	$73	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.523	+0.065%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.529	+0.083%	$70.5M	$44.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.480	−0.074%	$249K	$621K	10x	as long as short
Pacifica VVVlong	+0.0100%	1h	31.503	long leg	$185K	$122K	10x
Binance VVVUSDT	+0.0100%	4h	31.507	+0.013%	$33.6M	$112.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.491	−0.039%	$38.4M	$39.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.510	+0.022%	$4.8M	$28.1M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.503	0.000%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.474	−0.092%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.491	−0.038%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.499	−0.013%	—	$4.7M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.452	−0.163%	$2.0M	$357K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.475	−0.089%	$122K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.501	−0.006%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.548	+0.143%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0102%	4h	31.546	+0.138%	$78K	$331K	10x	as long as short
BloFin VVV-USDT	+0.0104%	4h	31.466	−0.117%	$1.3M	$1.4M	25x	as long as short
Extended VVV-USD	+0.0104%	1h	31.502	−0.003%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.490	−0.042%	$6K	—	3x	as long as short
01 Exchange VVVUSD	+0.0152%	1h	31.496	−0.022%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.579	+0.241%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0405%	1h	31.478	−0.079%	$160K	$272K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0440% / S −0.0213%	1h	31.449	−0.173%	$506K	—	100x	as long as short