VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.016%

Price spread now: Lighter RH against GMX−0.088%7-day average +0.121% · you buy dearer than you sell

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

Long on GMX Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.066%+$7 on $10k

Price spread, last 3 days (all we have)+0.179%+$18 · spread now −0.088%, 7d avg +0.121%

Together, before fees+0.246%+ Points / potential airdropLighter RH: Points live · farm board+$25 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 0.209% cheaper against GMX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.121%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.066%, 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	GMX VVV/USD [ETH-USDC]	31.744	L +0.0176% / S +0.0123%	pay 0.0022% / 1h	18m 36s	$574K	—	100x
Short	Lighter RH VVV	31.716	0.0096	get 0.0012% / 1h	18m 36s	$468K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against GMX. 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 GMXbpFee Lighter RHbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$16.8
Price spread: −0.088% → +0.121%: −$20.9
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$49.7
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter RH: live order book, 4 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 4 min ago	4.09 bp	7.4 bp −$7	28.9 bp −$289	doesn't fit	doesn't fit

GMX: 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 32 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	−0.0111%	1h	31.701	−0.136%	$389K	$637K	5x	as long as short
Gate VVV_USDT	−0.0024%	4h	31.700	−0.138%	$10.6M	$7.1M	25x	as long as short
Polymarket Perps VVV-USD	−0.0007%	1h	31.704	−0.126%	$136K	$1.2M	3x	as long as short
Phoenix VVV	0.0000%	1h	31.726	−0.056%	$46K	$289K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	31.753	+0.030%	$88K	$24K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0005%	1h	31.754	+0.031%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+3.390%	$2K	$1K	5.5x	as long as short
Lighter VVV	+0.0096%	1h	31.726	−0.056%	$2.1M	$5.6M	5x	as long as short
Lighter RH VVVshort	+0.0096%	1h	31.716	−0.088%	$468K	$1.5M	5x
Paradex VVV-USD-PERP	+0.0100%	8h	31.720	−0.077%	$3K	$73	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado VVV-PERP	+0.0100%	1h	31.716	−0.086%	$131K	$847K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.763	+0.060%	$73.2M	$53.7M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.748	+0.011%	$257K	$1.8M	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.740	−0.013%	$190K	$162K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.726	−0.057%	$33.7M	$148.8M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.712	−0.101%	$38.8M	$50.5M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.713	−0.097%	$4.7M	$39.9M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.746	+0.007%	$6.4M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.731	−0.041%	$1.8M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.696	−0.151%	$5.7M	$8.5M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.733	−0.034%	—	$5.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.702	−0.132%	$2.1M	$185K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	31.749	+0.016%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.763	+0.060%	$2.1M	$2.1M	50x	as long as short
Kalshi KXVVVPERP	+0.0103%	8h	31.785	+0.129%	$119K	$6.4M	1.7x	as long as short
Extended VVV-USD	+0.0104%	1h	31.707	−0.116%	$300K	$1.9M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.756	+0.040%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0108%	4h	31.712	−0.102%	$79K	$335K	10x	as long as short
01 Exchange VVVUSD	+0.0120%	1h	31.720	−0.075%	$11K	$3K	3x	as long as short
GMX VVV/USD [ETH-USDC]long	L +0.0176% / S +0.0123%	1h	31.744	long leg	$574K	—	100x
Coinbase International VVV-PERP-INTX	+0.0208%	1h	31.786	+0.131%	$233K	$1.2M	25x	as long as short
Backpack VVV_USDC_PERP	+0.0301%	1h	31.787	+0.135%	$123K	$317K	5x	as long as short