After costs, if the gap returns to its 7d average, $10k−$115
spread now−0.088%7d average−0.037%fees + slippage, in and out−$110spread needed1.102%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 31.068 | 0.0096 | pay 0.0012% / 1h | 8m 03s | $2.1M | $5.3M | 5x |
| Short | Phemex VVVUSDT | 31.041 | 0.0100 | get 0.0050% / 4h | 2h 08m | $2.1M | $2.0M | 50x |
Lighter VVV
Phemex 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
- −$8.79
- Funding while held
- $0.12
- Slippage, 4 orders
- −$98.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$118.88
- Spread needed to break even
- 1.102%
Slippage from Lighter: live order book, 6 min ago; Phemex: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- 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 | 3.75 bp | 6.0 bp −$6 | 30.0 bp −$300 | 262.0 bp −$26.2K | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.09 bp | 53.4 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Bybit31.005cheapestBinance31.020+0.050%OKX31.022+0.055%Gate31.032+0.088%GMX31.037+0.104%Aster31.039+0.111%gTrade (Gains Network)31.040+0.113%
Bybit
Binance
OKX
Gate
GMX
Aster
gTrade (Gains Network)Phemex31.041+0.117%
Aevo31.041+0.118%Derive31.042+0.119%Polymarket Perps31.045+0.130%Bitget31.047+0.136%Deribit31.048+0.140%BingX31.058+0.172%Nado31.058+0.173%RISEx31.059+0.176%Extended31.059+0.176%KuCoin31.061+0.181%Pacifica31.061+0.183%MEXC31.065+0.194%
Aevo
Derive
Polymarket Perps
Bitget
Deribit
BingX
Nado
RISEx
Extended
KuCoin
Pacifica
MEXCLighter31.068+0.205%
Lighter RH31.074+0.223%edgeX31.081+0.247%Paradex31.082+0.250%Hyperliquid31.086+0.261%Kalshi31.089+0.272%01 Exchange31.093+0.284%Phoenix31.093+0.284%BloFin31.099+0.304%Backpack31.100+0.306%Variational Omni31.164+0.512%Coinbase International31.294+0.934%
Lighter RH
Paradex
Hyperliquid
Phoenix
BloFin
Backpack
Variational Omni
Coinbase InternationalInjective32.820+5.855%
InjectiveVVV on 33 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit VVVUSDT | −0.204% | +0.0100% | 4h | $39.0M | $49.5M | 20x | as long as short |
| Binance VVVUSDT | −0.154% | +0.0100% | 4h | $33.8M | $148.8M | 25x | as long as short |
| OKX VVV-USDT-SWAP | −0.149% | +0.0100% | 4h | $4.9M | $39.0M | 20x | as long as short |
| Gate VVV_USDT | −0.117% | +0.0100% | 4h | $10.6M | $7.4M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.101% | L +0.0439% / S −0.0201% | 1h | $514K | — | 100x | as long as short |
| Aster VVVUSDT | −0.094% | +0.0100% | 4h | $286K | $1.8M | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.092% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Phemex VVVUSDTshort | −0.088% | +0.0100% | 4h | $2.1M | $2.0M | 50x | |
| Aevo VVV-PERP | −0.087% | +0.0104% | 1h | $6K | $13K | 3x | as long as short |
| Derive VVV-PERP | −0.085% | +0.0100% | 1h | $414 | $343 | 5x | as long as short |
Show all 33 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USD | −0.075% | +0.0100% | 1h | $131K | $876K | 3x | as long as short |
| Bitget VVVUSDT | −0.069% | +0.0100% | 4h | $5.7M | $8.2M | 20x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.065% | 0.0000% | 1h | $89K | $22K | 10x | as long as short |
| BingX VVV-USDT | −0.033% | +0.0100% | 4h | — | $4.9M | — | as long as short |
| Nado VVV-PERP | −0.032% | +0.0100% | 1h | $117K | $762K | 3x | as long as short |
| RISEx VVV/USDC | −0.029% | +0.0082% | 1h | $382K | $571K | 5x | as long as short |
| Extended VVV-USD | −0.029% | +0.0104% | 1h | $299K | $1.6M | 5x | as long as short |
| KuCoin VVVUSDTM | −0.023% | +0.0100% | 4h | $2.5M | $2.4M | 20x | as long as short |
| Pacifica VVV | −0.022% | +0.0100% | 1h | $171K | $159K | 10x | as long as short |
| MEXC VVV_USDT | −0.011% | +0.0100% | 4h | $15.7M | $6.5M | 50x | as long as short |
| Lighter VVVlong | 0.000% | +0.0096% | 1h | $2.1M | $5.3M | 5x | |
| Lighter RH VVV | +0.018% | +0.0096% | 1h | $460K | $1.5M | 5x | as long as short |
| edgeX VVVUSDC | +0.042% | +0.0106% | 4h | $77K | $326K | 10x | as long as short |
| Paradex VVV-USD-PERP | +0.045% | +0.0100% | 8h | $3K | $106 | 5x | as long as short |
| Hyperliquid VVV | +0.056% | +0.0334% | 1h | $71.1M | $50.8M | 3x | as long as short |
| Kalshi KXVVVPERP | +0.067% | 0.0000% | 8h | $126K | $6.8M | 1.7x | as long as short |
| 01 Exchange VVVUSD | +0.080% | +0.0384% | 1h | $11K | $3K | 3x | as long as short |
| Phoenix VVV | +0.080% | +0.0105% | 1h | $54K | $278K | 5x | as long as short |
| BloFin VVV-USDT | +0.099% | +0.0082% | 4h | $1.4M | $1.6M | 25x | as long as short |
| Backpack VVV_USDC_PERP | +0.101% | +0.0688% | 1h | $141K | $364K | 5x | as long as short |
| Variational Omni VVV | +0.307% | +0.0100% | 4h | $2.1M | $184K | — | as long as short |
| Coinbase International VVV-PERP-INTX | +0.728% | +0.0176% | 1h | $209K | $1.0M | 25x | as long as short |
| Injective VVV/USDC PERP | +5.638% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |