VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.060%

Price spread now: Lighter RH against Coinbase International−0.267%7-day average +0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$760.761% of the position

Long on Coinbase International Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.435%+$44 on $10k

Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.267%, 7d avg +0.065%

Together, before fees+0.666%+ Points / potential airdropLighter RH: Points live · farm board+$67 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.333% cheaper against Coinbase International than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.435%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International VVV-PERP-INTX	31.105	0.0168	pay 0.0021% / 1h	30m 49s	$139K	$1.2M	25x
Short	Lighter RH VVV	31.022	0.0096	get 0.0012% / 1h	30m 49s	$458K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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 Coinbase InternationalbpFee Lighter RHbpOrdersPrice spread, now −0.267%Rate

Funding earned: −$15.12
Price spread: −0.267% → +0.065%: −$33.25
Slippage, 4 orders: −$66.06
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$124.43
Costs to cover: 0.761%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Lighter RH: live order book, 2 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 Coinbase International live order book, 3 min ago	26.53 bp	31.5 bp −$32	33.9 bp −$339	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	5.64 bp	7.2 bp −$7	27.4 bp −$274	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	−0.0152%	1h	31.009	−0.308%	$381K	$641K	5x	as long as short
Gate VVV_USDT	−0.0098%	4h	31.019	−0.277%	$10.4M	$6.2M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.030	−0.242%	$86K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0002%	1h	31.044	−0.197%	$23K	—	150x	as long as short
Polymarket Perps VVV-USD	+0.0020%	1h	31.034	−0.229%	$134K	$1.2M	3x	as long as short
01 Exchange VVVUSD	+0.0032%	1h	31.039	−0.213%	$11K	$3K	3x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+5.513%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.030	−0.242%	$2.1M	$5.4M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.022	−0.267%	$458K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.027	−0.251%	$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	31.047	−0.185%	$132K	$846K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.049	−0.181%	$71.2M	$51.1M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.029	−0.244%	$250K	$1.5M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.047	−0.187%	$186K	$161K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.043	−0.199%	$33.0M	$143.0M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.037	−0.219%	$38.2M	$47.1M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.036	−0.222%	$4.7M	$37.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.047	−0.187%	$6.3M	$6.7M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.053	−0.168%	$1.9M	$2.9M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.038	−0.216%	$5.7M	$8.2M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.043	−0.200%	—	$5.3M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.031	−0.240%	$2.0M	$241K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.035	−0.227%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.029	−0.245%	$2.0M	$2.1M	50x	as long as short
Extended VVV-USD	+0.0104%	1h	31.030	−0.243%	$292K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.024	−0.260%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0116%	4h	31.052	−0.170%	$77K	$335K	10x	as long as short
BloFin VVV-USDT	+0.0129%	4h	31.038	−0.216%	$1.3M	$1.7M	25x	as long as short
Kalshi KXVVVPERP	+0.0144%	8h	31.031	−0.239%	$106K	$6.1M	1.7x	as long as short
Phoenix VVV	+0.0153%	1h	31.051	−0.174%	$37K	$264K	5x	as long as short
Coinbase International VVV-PERP-INTXlong	+0.0168%	1h	31.105	long leg	$139K	$1.2M	25x
GMX VVV/USD [ETH-USDC]	L +0.0174% / S +0.0126%	1h	31.031	−0.238%	$559K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0194%	1h	31.056	−0.157%	$113K	$303K	5x	as long as short