Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.088%
Price spread now: Deribit against Lighter−0.004%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 32.020 | 0.0096 | pay 0.0012% / 1h | 29m 10s | $2.2M | $5.9M | 5x |
| Short | Deribit VVV_USDC-PERPETUAL | 32.019 | 0 | get 0.0000% / 1h | 29m 10s | $91K | $23K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.16
- Price spread: −0.004% → 0.000%
- −$0.44
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$27.6
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 4 min ago; Deribit: no order-book sample. 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 Lighter live order book, 4 min ago | 2.46 bp | 3.4 bp −$3 | 18.9 bp −$189 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.0290% | 1h | 32.000 | −0.063% | $146K | $1.2M | 3x | as long as short |
| 01 Exchange VVVUSD | −0.0080% | 1h | 32.053 | +0.102% | $11K | $3K | 3x | as long as short |
| RISEx VVV/USDC | −0.0015% | 1h | 32.034 | +0.043% | $394K | $601K | 5x | as long as short |
| Gate VVV_USDT | −0.0012% | 4h | 32.003 | −0.054% | $10.7M | $7.3M | 25x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 32.034 | +0.043% | $109K | $6.5M | 1.7x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 32.049 | +0.090% | $56K | $298K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUALshort | 0.0000% | 1h | 32.019 | −0.004% | $91K | $23K | 10x | |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 32.017 | −0.012% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +2.498% | $2K | $1K | 5.5x | as long as short |
| Lighter VVVlong | +0.0096% | 1h | 32.020 | long leg | $2.2M | $5.9M | 5x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH VVV | +0.0096% | 1h | 32.010 | −0.032% | $473K | $1.6M | 5x | as long as short |
| Nado VVV-PERP | +0.0100% | 1h | 32.047 | +0.085% | $126K | $850K | 3x | as long as short |
| Hyperliquid VVV | +0.0100% | 1h | 32.055 | +0.109% | $74.3M | $55.0M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 32.037 | +0.053% | $261K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 32.042 | +0.069% | $191K | $187K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 32.026 | +0.019% | $33.7M | $154.3M | 25x | as long as short |
| Bybit VVVUSDT | +0.0100% | 4h | 32.017 | −0.010% | $39.2M | $51.5M | 20x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 32.039 | +0.059% | $4.7M | $41.7M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 32.053 | +0.102% | $6.5M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 32.030 | +0.031% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 32.012 | −0.026% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 32.016 | −0.013% | — | $5.4M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.0100% | 1h | 32.061 | +0.128% | $124K | $331K | 5x | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 32.153 | +0.413% | $2.1M | $188K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 32.010 | −0.030% | $2K | $2K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 32.015 | −0.016% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 32.025 | +0.014% | $3K | $106 | 5x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 32.014 | −0.021% | $306K | $2.0M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 32.033 | +0.041% | $6K | — | 3x | as long as short |
| edgeX VVVUSDC | +0.0110% | 4h | 32.181 | +0.501% | $80K | $335K | 10x | as long as short |
| BloFin VVV-USDT | +0.0141% | 4h | 32.024 | +0.012% | $1.3M | $1.8M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0178% / S +0.0121% | 1h | 32.007 | −0.042% | $579K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0320% | 1h | 32.219 | +0.622% | $248K | $1.3M | 25x | as long as short |
Lighter VVV
Deribit VVV_USDC-PERPETUAL
Polymarket Perps VVV-USD
01 Exchange VVVUSD
RISEx VVV/USDC
Gate VVV_USDT
Kalshi KXVVVPERP
Phoenix VVV
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
Bybit VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Backpack VVV_USDC_PERP
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
Extended VVV-USD
edgeX VVVUSDC
BloFin VVV-USDT
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX