After costs, if the gap returns to its 7d average, $10k−$42
spread now+0.462%7d average+0.035%fees + slippage, in and out−$84spread needed0.843%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX VVVUSDC | 32.204 | 0.0105 | pay 0.0052% / 4h | 43m 41s | $76K | $313K | 10x |
| Short | Lighter VVV | 32.352 | 0.0560 | get 0.0070% / 1h | 43m 41s | $2.4M | $4.7M | 5x |
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
- $46.19
- Funding while held
- $13.66
- Slippage, 4 orders
- −$75.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$24.41
- Spread needed to break even
- 0.843%
Slippage from edgeX: live order book, 6 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0455%
- Per $10,000 a day
- +$13.66
- 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 edgeX live order book, 6 min ago | 1.40 bp | 54.2 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 2.11 bp | 10.5 bp −$11 | 51.2 bp −$512 | 942.0 bp −$94.2K | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Coinbase International32.100cheapestVariational Omni32.220+0.375%Phoenix32.248+0.461%GMX32.260+0.499%Polymarket Perps32.274+0.542%Derive32.274+0.543%gTrade (Gains Network)32.279+0.557%Nado32.279+0.559%BloFin32.281+0.564%Phemex32.286+0.579%Kalshi32.291+0.595%Deribit32.298+0.616%Gate32.309+0.651%Aster32.313+0.664%Aevo32.321+0.688%KuCoin32.323+0.695%Pacifica32.324+0.697%Backpack32.331+0.721%Lighter RH32.332+0.723%Bybit32.339+0.745%Binance32.349+0.777%
Coinbase International
Variational Omni
Phoenix
GMX
Polymarket Perps
Derive
gTrade (Gains Network)
Nado
BloFin
Phemex
Deribit
Gate
Aster
Aevo
KuCoin
Pacifica
Backpack
Lighter RH
Bybit
BinanceLighter32.352+0.786%
Hyperliquid32.359+0.807%MEXC32.359+0.807%Bitget32.369+0.838%BingX32.374+0.854%Extended32.374+0.855%Paradex32.382+0.877%RISEx32.388+0.899%OKX32.400+0.935%01 Exchange32.454+1.103%Injective32.820+2.243%
Hyperliquid
MEXC
Bitget
BingX
Extended
Paradex
RISEx
OKX
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International VVV-PERP-INTX | −0.322% | +0.0248% | 1h | $162K | $1.3M | 25x | as long as short |
| edgeX VVVUSDClong | 0.000% | +0.0105% | 4h | $76K | $313K | 10x | |
| Variational Omni VVV | +0.052% | +0.0100% | 4h | $2.2M | $236K | — | as long as short |
| Phoenix VVV | +0.138% | +0.0276% | 1h | $57K | $302K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | +0.175% | L +0.0488% / S −0.0238% | 1h | $536K | — | 100x | as long as short |
| Polymarket Perps VVV-USD | +0.218% | +0.0100% | 1h | $129K | $801K | 3x | as long as short |
| Derive VVV-PERP | +0.219% | +0.0100% | 1h | $431 | $343 | 5x | as long as short |
| gTrade (Gains Network) VVV/USD | +0.233% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Nado VVV-PERP | +0.236% | +0.0100% | 1h | $152K | $617K | 3x | as long as short |
| BloFin VVV-USDT | +0.240% | +0.0127% | 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 | |
|---|---|---|---|---|---|---|---|
| Phemex VVVUSDT | +0.256% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| Kalshi KXVVVPERP | +0.271% | +0.0126% | 8h | $141K | $7.3M | 1.7x | as long as short |
| Deribit VVV_USDC-PERPETUAL | +0.292% | +0.0112% | 1h | $94K | $18K | 10x | as long as short |
| Gate VVV_USDT | +0.327% | +0.0100% | 4h | $10.9M | $7.5M | 25x | as long as short |
| Aster VVVUSDT | +0.340% | +0.0100% | 4h | $390K | $1.7M | 10x | as long as short |
| Aevo VVV-PERP | +0.364% | +0.0104% | 1h | $7K | $13K | 3x | as long as short |
| KuCoin VVVUSDTM | +0.371% | +0.0100% | 4h | $2.0M | $2.3M | 20x | as long as short |
| Pacifica VVV | +0.373% | +0.0100% | 1h | $175K | $163K | 10x | as long as short |
| Backpack VVV_USDC_PERP | +0.397% | +0.0656% | 1h | $143K | $354K | 5x | as long as short |
| Lighter RH VVV | +0.399% | +0.0096% | 1h | $494K | $1.4M | 5x | as long as short |
| Bybit VVVUSDT | +0.421% | +0.0100% | 4h | $40.3M | $47.9M | 20x | as long as short |
| Binance VVVUSDT | +0.452% | +0.0100% | 4h | $36.2M | $149.2M | 25x | as long as short |
| Lighter VVVshort | +0.462% | +0.0560% | 1h | $2.4M | $4.7M | 5x | |
| Hyperliquid VVV | +0.482% | +0.0451% | 1h | $77.4M | $51.8M | 3x | as long as short |
| MEXC VVV_USDT | +0.482% | +0.0100% | 4h | $16.0M | $6.7M | 50x | as long as short |
| Bitget VVVUSDT | +0.513% | +0.0100% | 4h | $5.9M | $7.9M | 20x | as long as short |
| BingX VVV-USDT | +0.529% | +0.0100% | 4h | — | $4.7M | — | as long as short |
| Extended VVV-USD | +0.530% | +0.0104% | 1h | $312K | $1.6M | 5x | as long as short |
| Paradex VVV-USD-PERP | +0.553% | +0.0100% | 8h | $3K | $86 | 5x | as long as short |
| RISEx VVV/USDC | +0.574% | +0.0122% | 1h | $396K | $572K | 5x | as long as short |
| OKX VVV-USDT-SWAP | +0.610% | +0.0100% | 4h | $5.2M | $41.6M | 20x | as long as short |
| 01 Exchange VVVUSD | +0.777% | +0.0352% | 1h | $11K | $3K | 3x | as long as short |
| Injective VVV/USDC PERP | +1.914% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |