After costs, if the gap returns to its 7d average, $10k−$24
spread now−0.134%7d average−0.086%fees + slippage, in and out−$19spread needed0.188%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter VVV | 32.193 | 0.0176 | pay 0.0022% / 1h | 43m 10s | $2.5M | $4.4M | 5x |
| Short | Polymarket Perps VVV-USD | 32.150 | 0.0100 | get 0.0013% / 1h | 43m 10s | $127K | $768K | 3x |
Lighter VVV
Polymarket Perps VVV-USDPrice 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
- −$13.39
- Funding while held
- −$2.28
- Slippage, 4 orders
- −$10.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.44
- Spread needed to break even
- 0.188%
Slippage from Lighter: live order book, 6 min ago; Polymarket Perps: live order book, 57 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0076%
- Per $10,000 a day
- −$2.28
- 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 | 0.17 bp | 2.6 bp −$3 | 45.6 bp −$456 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 57 min ago | 4.01 bp | 8.0 bp −$8 | 8.4 bp −$84 | doesn't fit | doesn't fit |
VVV price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni32.115cheapestBitget32.137+0.069%BingX32.143+0.087%
Variational Omni
Bitget
BingXPolymarket Perps32.150+0.109%
RISEx32.155+0.126%GMX32.159+0.137%MEXC32.163+0.149%KuCoin32.166+0.159%gTrade (Gains Network)32.169+0.167%Derive32.170+0.173%Gate32.174+0.184%Bybit32.175+0.187%Aster32.176+0.190%Extended32.176+0.191%Lighter RH32.179+0.199%Deribit32.179+0.200%Nado32.183+0.212%Coinbase International32.186+0.222%Binance32.187+0.225%Aevo32.191+0.235%Pacifica32.192+0.239%Kalshi32.192+0.240%edgeX32.192+0.241%BloFin32.193+0.243%
RISEx
GMX
MEXC
KuCoin
gTrade (Gains Network)
Derive
Gate
Bybit
Aster
Extended
Lighter RH
Deribit
Nado
Coinbase International
Binance
Aevo
Pacifica
BloFinLighter32.193+0.243%
Paradex32.195+0.248%Hyperliquid32.200+0.265%Backpack32.204+0.277%Phemex32.205+0.280%OKX32.226+0.346%Phoenix32.236+0.377%Injective32.820+2.195%
Paradex
Hyperliquid
Backpack
Phemex
OKX
Phoenix
InjectiveVVV on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni VVV | −0.243% | +0.0100% | 4h | $2.1M | $237K | — | as long as short |
| Bitget VVVUSDT | −0.174% | +0.0100% | 4h | $5.9M | $7.9M | 20x | as long as short |
| BingX VVV-USDT | −0.156% | +0.0188% | 4h | — | $4.7M | — | as long as short |
| Polymarket Perps VVV-USDshort | −0.134% | +0.0100% | 1h | $127K | $768K | 3x | |
| RISEx VVV/USDC | −0.117% | +0.0358% | 1h | $385K | $575K | 5x | as long as short |
| GMX VVV/USD [ETH-USDC] | −0.106% | L +0.0535% / S −0.0286% | 1h | $532K | — | 100x | as long as short |
| MEXC VVV_USDT | −0.093% | +0.0174% | 4h | $15.5M | $6.8M | 50x | as long as short |
| KuCoin VVVUSDTM | −0.084% | +0.0100% | 4h | $2.2M | $2.2M | 20x | as long as short |
| gTrade (Gains Network) VVV/USD | −0.076% | L +0.0004% / S −0.0004% | 1h | $18K | — | 150x | as long as short |
| Derive VVV-PERP | −0.071% | +0.0100% | 1h | $429 | $343 | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate VVV_USDT | −0.059% | +0.0100% | 4h | $10.9M | $7.8M | 25x | as long as short |
| Bybit VVVUSDT | −0.056% | +0.0100% | 4h | $40.0M | $48.7M | 20x | as long as short |
| Aster VVVUSDT | −0.053% | +0.0100% | 4h | $404K | $1.6M | 10x | as long as short |
| Extended VVV-USD | −0.052% | +0.0168% | 1h | $310K | $1.7M | 5x | as long as short |
| Lighter RH VVV | −0.044% | +0.0096% | 1h | $504K | $1.4M | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | −0.043% | 0.0000% | 1h | $99K | $12K | 10x | as long as short |
| Nado VVV-PERP | −0.031% | +0.0100% | 1h | $152K | $648K | 3x | as long as short |
| Coinbase International VVV-PERP-INTX | −0.021% | +0.0232% | 1h | $156K | $1.3M | 25x | as long as short |
| Binance VVVUSDT | −0.018% | +0.0171% | 4h | $36.6M | $149.3M | 25x | as long as short |
| Aevo VVV-PERP | −0.008% | +0.0128% | 1h | $6K | $13K | 3x | as long as short |
| Pacifica VVV | −0.005% | +0.0100% | 1h | $174K | $243K | 10x | as long as short |
| Kalshi KXVVVPERP | −0.003% | +0.0222% | 8h | $144K | $7.4M | 1.7x | as long as short |
| edgeX VVVUSDC | −0.002% | +0.0198% | 4h | $76K | $313K | 10x | as long as short |
| BloFin VVV-USDT | 0.000% | +0.0231% | 4h | $1.5M | $1.6M | 25x | as long as short |
| Lighter VVVlong | 0.000% | +0.0176% | 1h | $2.5M | $4.4M | 5x | |
| Paradex VVV-USD-PERP | +0.005% | +0.0101% | 8h | $3K | $86 | 5x | as long as short |
| Hyperliquid VVV | +0.021% | +0.0209% | 1h | $77.3M | $50.8M | 3x | as long as short |
| Backpack VVV_USDC_PERP | +0.034% | +0.0460% | 1h | $144K | $364K | 5x | as long as short |
| Phemex VVVUSDT | +0.037% | +0.0100% | 4h | $2.2M | $2.0M | 50x | as long as short |
| OKX VVV-USDT-SWAP | +0.102% | +0.0100% | 4h | $5.2M | $42.0M | 20x | as long as short |
| Phoenix VVV | +0.133% | +0.0419% | 1h | $59K | $305K | 5x | as long as short |
| Injective VVV/USDC PERP | +1.947% | +0.0033% | 1h | $2K | $1K | 5.5x | as long as short |