After costs, if the gap returns to its 7d average, $10k−$70
spread now−0.062%7d average−0.065%fees + slippage, in and out−$71spread needed0.705%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 31.314 | 0.0096 | pay 0.0012% / 1h | 16m 24s | $2.1M | $5.3M | 5x |
| Short | Coinbase International VVV-PERP-INTX | 31.294 | 0.0176 | get 0.0022% / 1h | 16m 24s | $209K | $1.0M | 25x |
Lighter VVV
Coinbase International VVV-PERP-INTXPrice 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
- −$6.23
- Funding while held
- $2.4
- Slippage, 4 orders
- −$60.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$74.35
- Spread needed to break even
- 0.705%
Slippage from Lighter: live order book, 3 min ago; Coinbase International: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0080%
- Per $10,000 a day
- +$2.40
- 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, 3 min ago | 4.18 bp | 6.1 bp −$6 | 37.9 bp −$379 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 14.42 bp | 19.4 bp −$19 | 27.5 bp −$275 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni31.210cheapestedgeX31.216+0.020%Phoenix31.242+0.102%RISEx31.286+0.242%Extended31.291+0.260%Derive31.292+0.261%
Variational Omni
Phoenix
RISEx
Extended
DeriveCoinbase International31.294+0.270%
Bitget31.298+0.281%GMX31.299+0.285%Phemex31.302+0.294%Pacifica31.302+0.295%Paradex31.304+0.300%Gate31.305+0.304%Polymarket Perps31.305+0.304%Bybit31.306+0.307%BloFin31.307+0.310%gTrade (Gains Network)31.308+0.314%KuCoin31.310+0.320%Binance31.311+0.323%
Bitget
GMX
Phemex
Pacifica
Paradex
Gate
Polymarket Perps
Bybit
BloFin
gTrade (Gains Network)
KuCoin
BinanceLighter31.314+0.332%
Deribit31.316+0.338%Aevo31.316+0.339%01 Exchange31.319+0.349%MEXC31.323+0.362%OKX31.329+0.381%BingX31.336+0.403%Lighter RH31.338+0.410%Aster31.338+0.410%Hyperliquid31.341+0.419%Kalshi31.350+0.448%Nado31.357+0.471%Backpack31.360+0.479%Injective32.820+5.158%
Deribit
Aevo
MEXC
OKX
BingX
Lighter RH
Aster
Hyperliquid
Nado
Backpack
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.331% | +0.0100% | 4h | $2.0M | $184K | — | as long as short |
| edgeX VVVUSDC | −0.312% | +0.0105% | 4h | $78K | $327K | 10x | as long as short |
| Phoenix VVV | −0.230% | +0.0105% | 1h | $55K | $278K | 5x | as long as short |
| RISEx VVV/USDC | −0.090% | +0.0082% | 1h | $384K | $574K | 5x | as long as short |
| Extended VVV-USD | −0.072% | +0.0104% | 1h | $303K | $1.6M | 5x | as long as short |
| Derive VVV-PERP | −0.071% | +0.0100% | 1h | $418 | $343 | 5x | as long as short |
| Coinbase International VVV-PERP-INTXshort | −0.062% | +0.0176% | 1h | $209K | $1.0M | 25x | |
| Bitget VVVUSDT | −0.051% | +0.0100% | 4h | $5.8M | $8.1M | 20x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.047% | L +0.0442% / S −0.0203% | 1h | $520K | — | 100x | as long as short |
| Phemex VVVUSDT | −0.038% | +0.0100% | 4h | $2.1M | $2.0M | 50x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica VVV | −0.037% | +0.0100% | 1h | $172K | $159K | 10x | as long as short |
| Paradex VVV-USD-PERP | −0.033% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Gate VVV_USDT | −0.028% | +0.0100% | 4h | $10.7M | $7.4M | 25x | as long as short |
| Polymarket Perps VVV-USD | −0.028% | +0.0100% | 1h | $131K | $869K | 3x | as long as short |
| Bybit VVVUSDT | −0.025% | +0.0100% | 4h | $39.5M | $49.3M | 20x | as long as short |
| BloFin VVV-USDT | −0.022% | +0.0111% | 4h | $1.4M | $1.6M | 25x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.019% | L +0.0004% / S −0.0004% | 1h | $19K | — | 150x | as long as short |
| KuCoin VVVUSDTM | −0.012% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Binance VVVUSDT | −0.009% | +0.0100% | 4h | $34.1M | $148.8M | 25x | as long as short |
| Lighter VVVlong | 0.000% | +0.0096% | 1h | $2.1M | $5.3M | 5x | |
| Deribit VVV_USDC-PERPETUAL | +0.005% | +0.0184% | 1h | $90K | $22K | 10x | as long as short |
| Aevo VVV-PERP | +0.007% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| 01 Exchange VVVUSD | +0.016% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| MEXC VVV_USDT | +0.029% | +0.0100% | 4h | $15.8M | $6.4M | 50x | as long as short |
| OKX VVV-USDT-SWAP | +0.048% | +0.0100% | 4h | $5.0M | $39.3M | 20x | as long as short |
| BingX VVV-USDT | +0.071% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Lighter RH VVV | +0.077% | +0.0096% | 1h | $464K | $1.5M | 5x | as long as short |
| Aster VVVUSDT | +0.077% | +0.0100% | 4h | $296K | $1.8M | 10x | as long as short |
| Hyperliquid VVV | +0.087% | +0.0350% | 1h | $71.7M | $50.9M | 3x | as long as short |
| Kalshi KXVVVPERP | +0.115% | 0.0000% | 8h | $125K | $6.7M | 1.7x | as long as short |
| Nado VVV-PERP | +0.138% | +0.0100% | 1h | $120K | $760K | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.146% | +0.0643% | 1h | $135K | $355K | 5x | as long as short |
| Injective VVV/USDC PERP | +4.810% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |