Funding arb · Price arb /

VVV

all VVV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.079%

Price spread now: Paradex against Lighter+0.015%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Paradex

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 · Paradex: Active · farm boardneeds both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter VVV	32.012	0.0096	pay 0.0012% / 1h	50m 24s	$2.2M	$5.9M	5x
Short	Paradex VVV-USD-PERP	32.017	0.0100	get 0.0100% / 8h	7h 50m	$3K	$106	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Lighter. 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 LighterbpFee ParadexbpOrdersPrice spread, now +0.015%Rate

Funding earned: $0.84
Price spread: +0.015% → 0.000%: $1.46
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$1.7
Costs to cover: 0.040%
Break-even: 21.1 days

Slippage unknown: Lighter: live order book, 3 min ago; Paradex: 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, 3 min ago	0.89 bp	2.3 bp −$2	32.5 bp −$325	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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	−0.0197%	1h	32.004	−0.026%	$146K	$1.2M	3x	as long as short
01 Exchange VVVUSD	−0.0040%	1h	32.014	+0.005%	$11K	$3K	3x	as long as short
RISEx VVV/USDC	−0.0015%	1h	32.021	+0.026%	$394K	$599K	5x	as long as short
Kalshi KXVVVPERP	0.0000%	8h	31.937	−0.235%	$107K	$6.7M	1.7x	as long as short
Phoenix VVV	0.0000%	1h	31.921	−0.285%	$56K	$298K	5x	as long as short
Deribit VVV_USDC-PERPETUAL	0.0000%	1h	32.007	−0.017%	$91K	$23K	10x	as long as short
gTrade (Gains Network) VVV/USD	L +0.0004% / S −0.0004%	1h	32.027	+0.046%	$19K	—	150x	as long as short
Injective VVV/USDC PERP	+0.0033%	1h	32.820	+2.523%	$2K	$1K	5.5x	as long as short
Lighter VVVlong	+0.0096%	1h	32.012	long leg	$2.2M	$5.9M	5x
Lighter RH VVV	+0.0096%	1h	32.007	−0.017%	$476K	$1.6M	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	32.010	−0.009%	$126K	$851K	3x	as long as short
Hyperliquid VVV	+0.0100%	1h	32.059	+0.146%	$74.3M	$55.2M	3x	as long as short
Aster VVVUSDT	+0.0100%	4h	32.017	+0.015%	$261K	$1.9M	10x	as long as short
Pacifica VVV	+0.0100%	1h	32.039	+0.084%	$191K	$191K	10x	as long as short
Binance VVVUSDT	+0.0100%	4h	32.036	+0.074%	$33.6M	$155.7M	25x	as long as short
Bybit VVVUSDT	+0.0100%	4h	32.002	−0.032%	$39.3M	$51.8M	20x	as long as short
OKX VVV-USDT-SWAP	+0.0100%	4h	31.989	−0.073%	$4.7M	$41.9M	20x	as long as short
Gate VVV_USDT	+0.0100%	4h	32.013	+0.002%	$10.8M	$7.3M	25x	as long as short
MEXC VVV_USDT	+0.0100%	4h	32.037	+0.077%	$6.5M	$6.9M	50x	as long as short
KuCoin VVVUSDTM	+0.0100%	4h	32.005	−0.023%	$2.0M	$2.8M	20x	as long as short
Bitget VVVUSDT	+0.0100%	4h	31.996	−0.051%	$5.8M	$8.9M	20x	as long as short
BingX VVV-USDT	+0.0100%	4h	32.039	+0.083%	—	$5.5M	—	as long as short
Variational Omni VVV	+0.0100%	4h	31.917	−0.299%	$2.1M	$187K	—	as long as short
Derive VVV-PERP	+0.0100%	1h	32.014	+0.004%	$2K	$2K	5x	as long as short
Phemex VVVUSDT	+0.0100%	4h	31.945	−0.210%	$2.1M	$2.1M	50x	as long as short
Paradex VVV-USD-PERPshort	+0.0100%	8h	32.017	+0.015%	$3K	$106	5x
Extended VVV-USD	+0.0104%	1h	32.008	−0.013%	$303K	$1.7M	5x	as long as short
Aevo VVV-PERP	+0.0104%	1h	32.004	−0.027%	$6K	—	3x	as long as short
edgeX VVVUSDC	+0.0118%	4h	31.859	−0.480%	$79K	$334K	10x	as long as short
Backpack VVV_USDC_PERP	+0.0132%	1h	31.963	−0.154%	$124K	$339K	5x	as long as short
BloFin VVV-USDT	+0.0155%	4h	31.946	−0.207%	$1.3M	$1.8M	25x	as long as short
GMX VVV/USD [ETH-USDC]	L +0.0179% / S +0.0120%	1h	32.028	+0.050%	$579K	—	100x	as long as short
Coinbase International VVV-PERP-INTX	+0.0320%	1h	31.953	−0.184%	$240K	$1.3M	25x	as long as short