VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0162%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.058%

Price spread now: Lighter RH against Polymarket Perps+0.062%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs+$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Polymarket Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.634%+$63 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.062%, 7d avg +0.078%

Together, before fees+0.614%+ Points / potential airdropLighter RH: Points live · farm board+$61 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.078%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps VVV-USD	30.820	−0.0066	get 0.0008% / 1h	37m 59s	$130K	$1.2M	3x
Short	Lighter RH VVV	30.839	0.0096	get 0.0012% / 1h	37m 59s	$451K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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 Polymarket PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.062%Rate

Funding earned: $34.12
Price spread: +0.062% → +0.078%: −$1.65
Slippage, 4 orders: −$25.69
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$1.22
Costs to cover: 0.337%
Break-even: 7.3 days

Slippage from Polymarket Perps: live order book, 5 min ago; Lighter RH: live order book, 5 min ago.

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 Polymarket Perps live order book, 5 min ago	0.33 bp	5.9 bp −$6	7.0 bp −$70	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	2.60 bp	7.8 bp −$8	21.1 bp −$211	doesn't fit	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	−0.0299%	1h	30.779	−0.131%	$377K	$628K	5x	as long as short
Polymarket Perps VVV-USDlong	−0.0066%	1h	30.820	long leg	$130K	$1.2M	3x
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	30.849	+0.093%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	30.846	+0.086%	$23K	—	150x	as long as short
Gate VVV_USDT	+0.0032%	4h	30.839	+0.062%	$10.3M	$5.9M	25x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+6.489%	$2K	$1K	5.5x	as long as short
01 Exchange VVVUSD	+0.0040%	1h	30.812	−0.026%	$11K	$3K	3x	as long as short
Coinbase International VVV-PERP-INTX	+0.0064%	1h	30.768	−0.168%	$144K	$1.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	30.833	+0.043%	$2.1M	$5.2M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	30.839	+0.062%	$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-PERP	+0.0100%	8h	30.761	−0.192%	$3K	$73	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	30.808	−0.037%	$112K	$858K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	30.845	+0.081%	$70.4M	$49.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	30.847	+0.088%	$247K	$1.1M	10x	as long as short
Pacifica VVV	+0.0100%	1h	30.798	−0.071%	$182K	$133K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	30.864	+0.144%	$32.9M	$131.4M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	30.840	+0.064%	$38.4M	$43.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	30.879	+0.191%	$4.8M	$33.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	30.859	+0.127%	$6.3M	$6.2M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	30.824	+0.013%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	30.856	+0.117%	$5.7M	$7.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	30.848	+0.091%	—	$5.0M	—	as long as short
Variational Omni VVV	+0.0100%	4h	30.811	−0.030%	$1.9M	$296K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	30.837	+0.056%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	30.845	+0.081%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	30.838	+0.058%	$290K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	30.840	+0.066%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0111%	4h	30.728	−0.298%	$76K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0129%	4h	30.803	−0.055%	$1.3M	$1.6M	25x	as long as short
Kalshi KXVVVPERP	+0.0158%	8h	30.813	−0.023%	$96K	$5.7M	1.7x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0172% / S +0.0127%	1h	30.838	+0.058%	$556K	—	100x	as long as short
Phoenix VVV	+0.0182%	1h	30.825	+0.016%	$32K	$253K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0198%	1h	30.873	+0.174%	$120K	$254K	5x	as long as short