VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.107%

Price spread now: Lighter against gTrade (Gains Network)−0.082%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.082% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.082% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.0 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) VVV/USD	31.945	L +0.0004% / S −0.0004%	pay 0.0001% / 1h	2m 52s	$797	—	150x
Short	Lighter VVV	31.919	0.0096	get 0.0012% / 1h	2m 52s	$2.2M	$5.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee LighterbpOrdersPrice spread, now −0.082%Rate

Funding earned: $19.22
Price spread: −0.082% → 0.000%: −$8.17
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$0.95
Costs to cover: 0.120%
Break-even: 7.3 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 5 min ago. 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Lighter live order book, 5 min ago	1.52 bp	5.8 bp −$6	39.7 bp −$397	1073.7 bp −$107.4K	doesn't fit

gTrade (Gains Network): 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 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
Bybit VVVUSDT	−0.0267%	4h	31.944	−0.002%	$39.0M	$51.5M	20x	as long as short
Polymarket Perps VVV-USD	−0.0227%	1h	31.921	−0.074%	$159K	$1.2M	3x	as long as short
Gate VVV_USDT	−0.0140%	4h	31.953	+0.026%	$10.7M	$7.4M	25x	as long as short
RISEx VVV/USDC	−0.0015%	1h	31.952	+0.021%	$392K	$597K	5x	as long as short
01 Exchange VVVUSD	0.0000%	1h	31.975	+0.095%	$11K	$3K	3x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.959	+0.045%	$114K	$6.5M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.910	−0.109%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.949	+0.013%	$89K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USDlong	L +0.0004% / S −0.0004%	1h	31.945	long leg	$797	—	150x
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.740%	$2K	$1K	5.5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter VVVshort	+0.0096%	1h	31.919	−0.082%	$2.2M	$5.9M	5x
Lighter RH VVV	+0.0096%	1h	31.912	−0.102%	$472K	$1.6M	5x	as long as short
Nado VVV-PERP	+0.0100%	1h	31.949	+0.013%	$125K	$850K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.957	+0.039%	$74.2M	$54.9M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.945	+0.002%	$260K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.956	+0.037%	$191K	$183K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.950	+0.016%	$33.6M	$153.9M	25x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.941	−0.012%	$4.7M	$41.2M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.948	+0.010%	$6.5M	$7.0M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.945	+0.001%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.929	−0.049%	$5.8M	$8.8M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.962	+0.054%	—	$5.4M	—	as long as short
Backpack VVV_USDC_PERP	+0.0100%	1h	31.964	+0.059%	$123K	$331K	5x	as long as short
Variational Omni VVV	+0.0100%	4h	31.882	−0.198%	$2.1M	$190K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.942	−0.010%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.950	+0.017%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.940	−0.015%	$3K	$106	5x	as long as short
edgeX VVVUSDC	+0.0100%	4h	31.926	−0.057%	$79K	$334K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.943	−0.004%	$304K	$2.0M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.940	−0.016%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0145%	4h	31.945	+0.001%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0177% / S +0.0122%	1h	31.934	−0.034%	$578K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.927	−0.055%	$245K	$1.2M	25x	as long as short