Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.010%

Price spread now: Lighter RH against Variational Omni+0.084%7-day average +0.077% · you sell dearer than you buy

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

Long on Variational Omni Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.481%+$48 on $10k

Price spread, last 7 days−0.131%−$13 · spread now +0.084%, 7d avg +0.077%

Together, before fees+0.351%+ Points / potential airdropVariational Omni: Active · Lighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni VVV	31.452	0.0100	pay 0.0050% / 4h	12m 19s	$2.0M	$357K	—
Short	Lighter RH VVV	31.478	0.0096	get 0.0012% / 1h	12m 19s	$463K	$1.6M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Variational Omni. 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 Variational OmnibpFee Lighter RHbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$0.84
Price spread: +0.084% → +0.077%: $0.64
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$0.2
Costs to cover: 0.000%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Lighter RH: live order book, just now. 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 Variational Omni RFQ quote, 2 min ago	2.88 bp	doesn't fit	48.5 bp −$485	doesn't fit	doesn't fit
Sell Lighter RH live order book, just now	4.45 bp	5.4 bp −$5	18.9 bp −$189	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	−0.0337%	1h	31.463	+0.036%	$386K	$666K	5x	as long as short
Coinbase International VVV-PERP-INTX	−0.0040%	1h	31.499	+0.152%	$187K	$1.3M	25x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.518	+0.211%	$96K	$5.3M	1.7x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.472	+0.065%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+4.351%	$2K	$1K	5.5x	as long as short
Deribit VVV_USDC-PERPETUAL	+0.0036%	1h	31.489	+0.120%	$88K	$22K	10x	as long as short
Gate VVV_USDT	+0.0056%	4h	31.459	+0.023%	$11.7M	$5.2M	25x	as long as short
Lighter VVV	+0.0096%	1h	31.479	+0.086%	$1.9M	$4.2M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.478	+0.084%	$463K	$1.6M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.466	+0.047%	$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	31.498	+0.147%	$162K	$952K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.515	+0.201%	$70.4M	$44.5M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.488	+0.115%	$249K	$620K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.485	+0.105%	$185K	$122K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.502	+0.159%	$33.6M	$112.6M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.475	+0.074%	$38.3M	$39.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.482	+0.097%	$4.8M	$28.0M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.502	+0.160%	$6.9M	$5.4M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.471	+0.062%	$1.7M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.479	+0.087%	$5.7M	$6.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.476	+0.077%	—	$4.7M	—	as long as short
Variational Omni VVVlong	+0.0100%	4h	31.452	long leg	$2.0M	$357K	—
Polymarket Perps VVV-USD	+0.0100%	1h	31.476	+0.077%	$122K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.491	+0.125%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.515	+0.201%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.498	+0.149%	$298K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.475	+0.074%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0115%	4h	31.458	+0.019%	$78K	$332K	10x	as long as short
BloFin VVV-USDT	+0.0118%	4h	31.518	+0.211%	$1.3M	$1.4M	25x	as long as short
01 Exchange VVVUSD	+0.0152%	1h	31.497	+0.144%	$11K	$2K	3x	as long as short
Phoenix VVV	+0.0203%	1h	31.579	+0.405%	$33K	$215K	5x	as long as short
Backpack VVV_USDC_PERP	+0.0429%	1h	31.523	+0.228%	$160K	$272K	5x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0441% / S −0.0213%	1h	31.476	+0.076%	$506K	—	100x	as long as short