VVV

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.041%

Price spread now: Lighter against Injective−5.029%96s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 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 5.029% cheaper against Injective than usual: you would sell low and buy high (spread −5.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$503 on $10k: about 9 months of funding at the current rate (+$2 a day). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective VVV/USDC PERP	32.820	0.0033	pay 0.0004% / 1h	29m 38s	$2K	$1K	5.5x
Short	Lighter VVV	31.169	0.0096	get 0.0012% / 1h	29m 38s	$1.9M	$4.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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 InjectivebpFee LighterbpOrdersPrice spread, now −5.029%Rate

Funding earned: $13.16
Price spread: −5.029% → 0.000%: −$502.89
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: −$489.75
Costs to cover: 0.000%
Break-even: 267.5 days

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 8 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 Injective no order-book sample	—	—	—	—	—
Sell Lighter live order book, 8 min ago	9.20 bp	12.6 bp −$13	56.1 bp −$561	1358.0 bp −$135.8K	doesn't fit

Injective: 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
RISEx VVV/USDC	−0.0349%	1h	31.186	−4.977%	$382K	$689K	5x	as long as short
Gate VVV_USDT	−0.0158%	4h	31.199	−4.939%	$11.8M	$4.8M	25x	as long as short
Deribit VVV_USDC-PERPETUAL	−0.0014%	1h	31.078	−5.307%	$86K	$20K	10x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.167	−5.037%	$92K	$5.3M	1.7x	as long as short
Coinbase International VVV-PERP-INTX	0.0000%	1h	31.334	−4.526%	$191K	$1.3M	25x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	31.109	−5.213%	$19K	—	150x	as long as short
Injective VVV/USDC PERPlong	+0.0033%	1h	32.820	long leg	$2K	$1K	5.5x
Lighter VVVshort	+0.0096%	1h	31.169	−5.029%	$1.9M	$4.1M	5x
Lighter RH VVV	+0.0096%	1h	31.217	−4.884%	$460K	$1.5M	5x	as long as short
Paradex VVV-USD-PERP	+0.0100%	8h	31.215	−4.891%	$3K	$29	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	31.067	−5.340%	$156K	$991K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	31.206	−4.918%	$69.2M	$43.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	31.174	−5.015%	$246K	$497K	10x	as long as short
Pacifica VVV	+0.0100%	1h	31.207	−4.915%	$184K	$118K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	31.212	−4.900%	$33.2M	$106.2M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	31.231	−4.841%	$38.0M	$38.7M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.219	−4.878%	$4.8M	$25.7M	20x	as long as short
MEXC VVV_USDT	+0.0100%	4h	31.228	−4.851%	$6.9M	$4.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	31.113	−5.201%	$1.6M	$2.7M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.174	−5.015%	$5.7M	$6.3M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	31.212	−4.899%	—	$4.4M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.210	−4.904%	$2.0M	$362K	—	as long as short
Polymarket Perps VVV-USD	+0.0100%	1h	31.085	−5.286%	$128K	$1.3M	3x	as long as short
Derive VVV-PERP	+0.0100%	1h	31.083	−5.292%	$3K	$3K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.144	−5.107%	$2.0M	$2.1M	50x	as long as short
edgeX VVVUSDC	+0.0103%	4h	31.283	−4.685%	$78K	$331K	10x	as long as short
Extended VVV-USD	+0.0104%	1h	31.202	−4.931%	$291K	$1.8M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	31.125	−5.164%	$6K	—	3x	as long as short
BloFin VVV-USDT	+0.0150%	4h	31.240	−4.814%	$1.3M	$1.4M	25x	as long as short
Phoenix VVV	+0.0229%	1h	31.337	−4.519%	$32K	$201K	5x	as long as short
01 Exchange VVVUSD	+0.0304%	1h	31.065	−5.347%	$11K	$2K	3x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0442% / S −0.0219%	1h	31.115	−5.194%	$500K	—	100x	as long as short
Backpack VVV_USDC_PERP	+0.0754%	1h	31.137	−5.127%	$167K	$261K	5x	as long as short