After costs, if the gap returns to its 7d average, $10k−$52
spread now−0.100%7d average−0.038%fees + slippage, in and out−$46spread needed0.455%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 31.893 | 0.0168 | pay 0.0021% / 1h | 28m 55s | $2.2M | $5.4M | 5x |
| Short | Binance VVVUSDT | 31.861 | 0.0100 | get 0.0050% / 4h | 1h 28m | $34.4M | $150.7M | 25x |
Lighter VVV
Binance VVVUSDTPrice 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
- −$10
- Funding while held
- −$2.04
- Slippage, 4 orders
- −$35.51
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$57.55
- Spread needed to break even
- 0.455%
Slippage from Lighter: live order book, 6 min ago; Binance: live order book, 16 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0068%
- Per $10,000 a day
- −$2.04
- 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 Lighter live order book, 6 min ago | 4.61 bp | 9.3 bp −$9 | 44.1 bp −$441 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.16 bp | 8.7 bp −$9 | 32.5 bp −$325 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.749cheapestPhoenix31.813+0.202%RISEx31.845+0.301%Bybit31.846+0.306%KuCoin31.848+0.312%Gate31.851+0.321%Bitget31.851+0.321%gTrade (Gains Network)31.852+0.325%Derive31.853+0.329%GMX31.854+0.330%Phemex31.855+0.334%Pacifica31.858+0.342%BingX31.859+0.347%Paradex31.859+0.347%
Variational Omni
Phoenix
RISEx
Bybit
KuCoin
Gate
Bitget
gTrade (Gains Network)
Derive
GMX
Phemex
Pacifica
BingX
ParadexBinance31.861+0.353%
OKX31.861+0.353%Deribit31.862+0.356%Aevo31.865+0.367%Polymarket Perps31.867+0.372%Kalshi31.868+0.375%Extended31.869+0.379%MEXC31.871+0.384%edgeX31.876+0.401%01 Exchange31.877+0.403%BloFin31.877+0.403%Nado31.883+0.422%Aster31.883+0.423%Lighter RH31.887+0.435%
OKX
Deribit
Aevo
Polymarket Perps
Extended
MEXC
BloFin
Nado
Aster
Lighter RHLighter31.893+0.453%
Hyperliquid31.893+0.454%Backpack31.900+0.476%Coinbase International31.939+0.598%Injective32.820+3.374%
Hyperliquid
Backpack
Coinbase International
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.451% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Phoenix VVV | −0.251% | +0.0308% | 1h | $56K | $277K | 5x | as long as short |
| RISEx VVV/USDC | −0.151% | +0.0256% | 1h | $390K | $595K | 5x | as long as short |
| Bybit VVVUSDT | −0.146% | +0.0100% | 4h | $39.9M | $50.4M | 20x | as long as short |
| KuCoin VVVUSDTM | −0.141% | +0.0100% | 4h | $2.3M | $2.4M | 20x | as long as short |
| Gate VVV_USDT | −0.131% | +0.0100% | 4h | $10.8M | $7.5M | 25x | as long as short |
| Bitget VVVUSDT | −0.131% | +0.0100% | 4h | $5.9M | $8.3M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.128% | L +0.0004% / S −0.0004% | 1h | $448 | — | 150x | as long as short |
| Derive VVV-PERP | −0.124% | +0.0100% | 1h | $425 | $343 | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.123% | L +0.0445% / S −0.0202% | 1h | $529K | — | 100x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex VVVUSDT | −0.119% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
| Pacifica VVV | −0.111% | +0.0100% | 1h | $183K | $168K | 10x | as long as short |
| BingX VVV-USDT | −0.106% | +0.0100% | 4h | — | $5.0M | — | as long as short |
| Paradex VVV-USD-PERP | −0.106% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Binance VVVUSDTshort | −0.100% | +0.0100% | 4h | $34.4M | $150.7M | 25x | |
| OKX VVV-USDT-SWAP | −0.100% | +0.0100% | 4h | $4.8M | $40.6M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.098% | 0.0000% | 1h | $91K | $22K | 10x | as long as short |
| Aevo VVV-PERP | −0.086% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Polymarket Perps VVV-USD | −0.081% | +0.0100% | 1h | $137K | $910K | 3x | as long as short |
| Kalshi KXVVVPERP | −0.078% | 0.0000% | 8h | $130K | $6.8M | 1.7x | as long as short |
| Extended VVV-USD | −0.074% | +0.0104% | 1h | $307K | $1.6M | 5x | as long as short |
| MEXC VVV_USDT | −0.069% | +0.0100% | 4h | $16.5M | $6.6M | 50x | as long as short |
| edgeX VVVUSDC | −0.052% | +0.0114% | 4h | $79K | $329K | 10x | as long as short |
| 01 Exchange VVVUSD | −0.050% | +0.0456% | 1h | $11K | $3K | 3x | as long as short |
| BloFin VVV-USDT | −0.050% | +0.0122% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Nado VVV-PERP | −0.031% | +0.0100% | 1h | $149K | $785K | 3x | as long as short |
| Aster VVVUSDT | −0.030% | +0.0100% | 4h | $279K | $1.8M | 10x | as long as short |
| Lighter RH VVV | −0.018% | +0.0096% | 1h | $481K | $1.6M | 5x | as long as short |
| Lighter VVVlong | 0.000% | +0.0168% | 1h | $2.2M | $5.4M | 5x | |
| Hyperliquid VVV | 0.000% | +0.0883% | 1h | $73.8M | $52.3M | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.023% | +0.0685% | 1h | $144K | $377K | 5x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.144% | +0.0200% | 1h | $223K | $1.1M | 25x | as long as short |
| Injective VVV/USDC PERP | +2.907% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |