Spread before costs (cost unknown: a leg has no order-book sample)+0.039%
7d average—if it closes, per $10,000$4funding while held, a day−$0.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo VVV-PERP | 31.316 | 0.0104 | pay 0.0013% / 1h | 16m 52s | $6K | $13K | 3x |
| Short | Lighter VVV | 31.328 | 0.0096 | get 0.0012% / 1h | 16m 52s | $2.1M | $5.3M | 5x |
Aevo VVV-PERP
Lighter VVVPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $3.86
- Funding while held
- −$0.24
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.38
- Spread needed to break even
- 0.160%
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0008%
- Per $10,000 a day
- −$0.24
- Average in range /8h
- —
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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 3 min ago | 4.18 bp | 16.3 bp −$16 | 67.1 bp −$671 | 336.2 bp −$33.6K | doesn't fit |
Aevo: 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.210cheapestedgeX31.216+0.020%Phoenix31.242+0.102%Derive31.292+0.261%Coinbase International31.294+0.270%gTrade (Gains Network)31.301+0.290%GMX31.302+0.293%Phemex31.302+0.294%BingX31.306+0.307%BloFin31.307+0.310%Gate31.313+0.330%Deribit31.316+0.338%
Variational Omni
Phoenix
Derive
Coinbase International
gTrade (Gains Network)
GMX
Phemex
BingX
BloFin
Gate
DeribitAevo31.316+0.339%
Bybit31.320+0.351%Lighter RH31.322+0.358%
Bybit
Lighter RHLighter31.328+0.378%
Bitget31.329+0.381%Polymarket Perps31.337+0.406%Pacifica31.340+0.416%Kalshi31.350+0.448%KuCoin31.350+0.448%Paradex31.352+0.454%Aster31.352+0.455%MEXC31.353+0.458%Extended31.355+0.465%Binance31.357+0.471%Nado31.357+0.471%RISEx31.359+0.475%OKX31.359+0.477%Backpack31.360+0.479%Hyperliquid31.371+0.515%01 Exchange31.391+0.579%Injective32.820+5.158%
Bitget
Polymarket Perps
Pacifica
KuCoin
Paradex
Aster
MEXC
Extended
Binance
Nado
RISEx
OKX
Backpack
Hyperliquid
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.338% | +0.0100% | 4h | $2.0M | $184K | — | as long as short |
| edgeX VVVUSDC | −0.318% | +0.0105% | 4h | $78K | $327K | 10x | as long as short |
| Phoenix VVV | −0.236% | +0.0105% | 1h | $55K | $278K | 5x | as long as short |
| Derive VVV-PERP | −0.077% | +0.0100% | 1h | $418 | $343 | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.069% | +0.0176% | 1h | $209K | $1.0M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.049% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.046% | L +0.0442% / S −0.0203% | 1h | $521K | — | 100x | as long as short |
| Phemex VVVUSDT | −0.045% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| BingX VVV-USDT | −0.032% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| BloFin VVV-USDT | −0.029% | +0.0111% | 4h | $1.4M | $1.6M | 25x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.010% | +0.0100% | 4h | $10.7M | $7.4M | 25x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.002% | +0.0184% | 1h | $90K | $22K | 10x | as long as short |
| Aevo VVV-PERPlong | 0.000% | +0.0104% | 1h | $6K | $13K | 3x | |
| Bybit VVVUSDT | +0.011% | +0.0100% | 4h | $39.5M | $49.3M | 20x | as long as short |
| Lighter RH VVV | +0.019% | +0.0096% | 1h | $463K | $1.5M | 5x | as long as short |
| Lighter VVVshort | +0.039% | +0.0096% | 1h | $2.1M | $5.3M | 5x | |
| Bitget VVVUSDT | +0.042% | +0.0100% | 4h | $5.8M | $8.1M | 20x | as long as short |
| Polymarket Perps VVV-USD | +0.067% | +0.0100% | 1h | $131K | $868K | 3x | as long as short |
| Pacifica VVV | +0.077% | +0.0100% | 1h | $172K | $159K | 10x | as long as short |
| Kalshi KXVVVPERP | +0.109% | 0.0000% | 8h | $125K | $6.7M | 1.7x | as long as short |
| KuCoin VVVUSDTM | +0.109% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Paradex VVV-USD-PERP | +0.115% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Aster VVVUSDT | +0.115% | +0.0100% | 4h | $296K | $1.8M | 10x | as long as short |
| MEXC VVV_USDT | +0.118% | +0.0100% | 4h | $15.8M | $6.4M | 50x | as long as short |
| Extended VVV-USD | +0.125% | +0.0104% | 1h | $303K | $1.6M | 5x | as long as short |
| Binance VVVUSDT | +0.131% | +0.0100% | 4h | $34.2M | $148.8M | 25x | as long as short |
| Nado VVV-PERP | +0.131% | +0.0100% | 1h | $120K | $760K | 3x | as long as short |
| RISEx VVV/USDC | +0.136% | +0.0082% | 1h | $385K | $573K | 5x | as long as short |
| OKX VVV-USDT-SWAP | +0.137% | +0.0100% | 4h | $5.0M | $39.4M | 20x | as long as short |
| Backpack VVV_USDC_PERP | +0.139% | +0.0643% | 1h | $135K | $355K | 5x | as long as short |
| Hyperliquid VVV | +0.176% | +0.0350% | 1h | $71.8M | $50.9M | 3x | as long as short |
| 01 Exchange VVVUSD | +0.239% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| Injective VVV/USDC PERP | +4.803% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |